National Grid Share Discussion Threads

[utyinv] 09/11/2023 09:39:19

Interesting that Andy Agg ( currently discussing /presenting results on web call) states that the 40% retained interest in UK Gas Transmission is not included in results neither will the revenue that will arise if Macquarie take up the option to purchase the remaining 40% ( which is highly expected).

I can see this additional revenue being invested into future projects, growth and net zero targets

[utyinv] 09/11/2023 09:34:10

I mis-calculated thinking the Interim Div was 1/3 of previous years divi. I should have used 35% rather than 1/3 but still a nice mistake to make😂

55.44p x 0.35 = 19.404p rounded off to 19.4p

[bountyhunter] 09/11/2023 08:36:45

Header link at the end updated to interim results and divi amount updated.

[bountyhunter] 09/11/2023 08:28:48

Sorry that broke the competition rules with too many decimal places ;-)

[skinny] 09/11/2023 08:26:45

Did you miss mine @19.3999p? :-)

[bountyhunter] 09/11/2023 08:18:43

Yes, was just about to post that.
You win the Divi competition with the closest guess at 18.48p! ;-)

[utyinv] 09/11/2023 07:37:54

Int Divi 19.4p 👍

[action] 09/11/2023 07:35:41

Will it reach year's low again?

[action] 09/11/2023 07:34:55

Profit down. Divi up.

[bountyhunter] 08/11/2023 15:32:42

SSE is down today as well so may be nothing to do with results tomorrow.

[bountyhunter] 08/11/2023 15:23:19

>> a Conservative Gov in name only

I couldn't agree more. (Unelected and out of touch) "Richy's" strategy seems to be to go one further than even Labour would do to silence them in a pathetic attempt to try to gain popularity (e.g. the increased and seemingly never ending windfall tax) alongside pursuing every photo opportunity under the sun!

[utyinv] 08/11/2023 10:56:21

gbh2,

Hedge fund shorts playing games. Also, JP needs to spell out that NG is not a charity and if there is a cost of living crisis it’s nothing to do with NG or it’s owners (shareholders) and more to do with the wasteful furlough and Fraudulent business loans that will never be recovered.

Too many politicians put pressure on businesses to remedy the failings of Gov policy and in particular, Boris’ famous contrition of his true beliefs ie ‘f..k business’.

Hedge funds are playing games with the fact that we only have a Conservative Gov in name only and it scares the average investor and the Hedgies take advantage.

Whoever, we get later next year (in Gov), needs to realise that business is everything and is so important to the wealth and general well being of the people.

Nothing in life is free and Gov Policy should underline that ‘work should be made to pay’ and to reiterate that no one should expect something for nothing. The only people who should get State help are those too young to work, those retired and those who are physically or mentally not able to work. Everyone else should work for a living. Man was born to work.

[gbh2] 08/11/2023 09:57:50

Beginning to look like tomorrows RNS may well bring bad news!

[bountyhunter] 03/11/2023 10:07:01

All in the header :)

[gbh2] 03/11/2023 10:04:25

Ex divi 23rd Nov.

[bountyhunter] 02/11/2023 20:03:29

Half year results only a week away now on the 9th November.

Any advance on an interim divi of 18.48p (Uty's guesstimate)?

[freedomexpress747] 02/11/2023 19:39:39

These should rise this week as we approach xd.Fry the hedgies.Quality stock.

[utyinv] 30/10/2023 16:34:32

Yep shorts on NG at another high in the US

[newbank] 30/10/2023 16:33:33

Spot on again Uty.

Look at the chart at 13:30 UK time when the US opened.

[utyinv] 30/10/2023 06:48:22

There are three weeks in a year when there is only 4 hours difference between UK and US eastern time. One week in Autumn and two in Spring. This week is the week where the US markets will open up one hour early, effectively, due to the UK clock change.

There is usually some erratic volatility during these weeks as the US Shyster Hedge Funds have an hour longer to play mischief

[utyinv] 27/10/2023 15:29:21

Yanks at it again😤

[bountyhunter] 22/10/2023 10:51:21

MNG also looks interesting, only 5 years of dividend history but increased every year even during the pandemic, and currently with a yield of 10.6%. The danger of course is that such a high yield could be a red flag.