National Grid Share Discussion Threads

[skinny] 23/11/2023 10:21

Yes, well done - nice when its that easy.

[bountyhunter] 23/11/2023 10:19

Well done Tufty!
I was going to do the same but missed the 1047 in the morning and it was downhill from there. Your divi is effectively (46p - dealing costs/stamp duty) then so about double what we will get.

[tuftymatt] 23/11/2023 09:57

Back in today at 1001

I bet it's too soon and something in the 990's comes along but I am ok with holding again / building out another position.

Good luck all 👍🏻

[utyinv] 22/11/2023 17:35

Told it would fall at 14:30, the Yanks are predictable.

[utyinv] 22/11/2023 11:46

Tuftymatt,

You may have made a good move, as I too believe it will fall by more than 19p tomorrow and fall again on Fri.

History proves it to be a high probability. Then come the new year and revenues (majority of which come in second half) show promise we may see a rise back up to £12/share.

However, the next year might not pan out like other years as we don’t know when the election will be called. Despite Starmer saying Nationalisation is off the books, that doesn’t mean regulation and draconian measures won't be adopted to pacify the ‘Left’ within the Labour Party.

As stated in earlier posts, if Labour win, then the Markets will take a beating. But where do you put your hard earned wealth and shelter it from the ‘Green Eyed Monsters’, who want to take it from you because they want something for nothing?
Cash: not good unless you have it in ISAs and then the % rate is usually lower than normal savings rates. Putting it in normal savings accounts suits the Treasury as anyone with a nominal tax rate of 40% is only allowed to earn £500 interest before taxed ( £1000 for 20% tax payers).
Property: Too much regulation in the pipeline, tax incentives removed etc, more trouble than what its worth, hence, so many property owners off-loading.
Gold: Not bad but you don’t get income from it only capital growth that usually comes with unstable world events. Then when you come to sell you are subject to spot prices.
Bit Coin: very risky even if your accounts aren’t hacked by scrupulous hackers working on behalf of rogue political regimes.
Spend it: yes, but what if you have plans for the future?
Ride out the storm which may result from a Labour Gov, may be one if the best options considering all.

The upshot is that in the UK, a hard working sensible person finds it really hard to build wealth because the envy of others try to take it from you through Government intervention / policy.

Do you know the richest Country in the world does not have any inheritance tax, they applaud wealth creation and respect the professional ‘ethos’ that you have got to put something into life to get something back out.

Despite my dislike for the Shyster Hedge Funds in the USA (which affect all Markets), we can learn a lot from the US as aspiration and ambition are not such dirty words as they appear to be in the UK.

When I was a student ( many years ago), if I saw something I liked but couldn’t afford it, my stance wasn’t to lobby the Government to tax the owners as in a fit of jealousy, it was to ask myself what do I need to do to achieve and possess the same.

There wasn’t any jealousy just a surge of aspiration and belief that I could achieve but would have to work for it.

[skinny] 21/11/2023 16:36

Uncrossed at the high of the day.

[bountyhunter] 21/11/2023 16:11

1034! We should stay above £10 XD at this rate.
Buyers jumping onboard for the divi?

[utyinv] 20/11/2023 11:20

Will fall at 14:30 hrs Weds 22nd

Though the shares go ex-divi on Thurs 23rd the US ADRs go ex divi on Weds. Thursday the US markets are closed for Thanksgiving and expect volatility beforehand.

[tuftymatt] 20/11/2023 10:16

😂👍🏻

[bountyhunter] 20/11/2023 10:14

We should be working for Deutsche Bank tufty as we predicted that their 1 yr target price would be hit within days! So much for their analysts but maybe they have been topping up!!

[skinny] 20/11/2023 09:55

free stock charts from uk.advfn.com

[tuftymatt] 20/11/2023 09:07

Roughly there now BH 😀

Good luck all 👍🏻

[bountyhunter] 16/11/2023 14:32

Back up to 1005 with a week still to go until XD. There's still plenty of time to hit that 1020 target before 19.4p XD :)

[bountyhunter] 15/11/2023 11:51

Yes the announcement of the SSE divi cut and share price reaction were quite some time ago now, factored in long before today's results.

[anhar] 15/11/2023 11:28

A strong set of results for SSE this morning. 1020 here ahead of the 19.4p XD next week is looking more and more likely :)

I've held NG. and SSE for many years in my income port. Although generallly the SSE figures today weren't bad, the large 38% divi cut for 2024 matters to me as purely an income investor. It was flagged well in advance so no surprise about this today but it still stings. Incidentally it makes SSE a much lower yielder than NG..

However I continue to hold both as part of the clutch of utis in my port.

[tuftymatt] 15/11/2023 08:41

I agree bh 😀

Good luck all 👍🏻

[utyinv] 15/11/2023 08:34

CPIH for Oct is 4.7% down from 6.3% last month.

So this financial year, so far: CPIH April 7.8%, May 7.9%, June 7.3%, July 6.4%, Aug 6.3%, Sept 6.3%, Oct 4.7%.

[bountyhunter] 15/11/2023 08:22

A strong set of results for SSE this morning. 1020 here ahead of the 19.4p XD next week is looking more and more likely :)

[bountyhunter] 13/11/2023 13:17

Certainly imho 1020 is possible by the XD date. These analyst targets seem like pure guesswork to me, 1020p in a year's time?! What a nonsense of a target that is.

[tuftymatt] 13/11/2023 12:17

Yes my mistake bh as from memory I had it as this week 👍🏻

[bountyhunter] 13/11/2023 12:12

There's time yet with 10 days to go.