National Grid Share Discussion Threads

[newbank] 15/12/2023 18:11

viscount,

I have been investing for over 40 years and in 99.9% of cases buybacks do absolutely nothing for the Investor that require income and growth from their nest eggs. The shares stay low. Just one example of this is within the banking sector. The share prices of all our banks are still at firesale value.

Buybacks only help the 'Board' which artificially boosts the PE triggering a bonus. In addition, the ‘Board’ are employees who get paid a great deal of money to do their job. Many of the shares bought back in buybacks are not cancelled but banked to provide unjustifiable bonus giveaways to the Directors who do an average job.

The logic in how Buybacks are executed baffles many. Ideally, buyback should occur when the share is at a low price but invariably we see the Companies buying back at high prices.

Just remember Investors include many pensioners and professionals who have invested life savings in order to get extra income to supplement their pensions or salaries.

[fludde] 15/12/2023 12:20

Should keep the dividend but pay it 4 times a year and ignore any calls for share buybacks.

[bountyhunter] 07/12/2023 11:33

Cheers Tufty, yes timing of sales especially is tricky but you were spot on around the divi! I wish I had a few more of these and less O&G.

[tuftymatt] 07/12/2023 10:42

Hey bh,

Yeah my Friday call turned out wrong and over the weekend I did set a buy order for a bit of a profit / stamp covered to get back in but it didn't get hit unfortunately for me.

Good luck to those who are holding and I will see what the New Year brings 👍🏻

[viscount1] 07/12/2023 10:28

Share price correlated with gilt prices again.

[bountyhunter] 06/12/2023 17:23

Tufty, 2 out of 3 wasn't bad ;-)

[laurence llewelyn binliner] 06/12/2023 10:36

The more electricity is generated, the more of it there is to distribute, and conversely too, so our performance capacity is directly linked to power generation and the transit fees from it..

[anhar] 06/12/2023 10:18

Okay, so how does generation affect NG. revenues, profits, divis etc? As I understand it, the proportion of an elec. bill that is due to transmission cost is not affected by the proportion due to the unit cost of elec. on that bill.

[utyinv] 06/12/2023 09:16

anhar,

When there is any news about Elect Generation the media puts up photos of NG Transmission lines. There is much confusion and consequently illogical general sentiment that tends to affect our share price. However, when the spotlight is placed on Elect Generation it usually shines on NG too where many like to take a swipe at the Company not because of knowledge but because of ignorance or Shyster Hedge Funds trying on any account to depress the share price to make a short term killing.

You also have to acknowledge, that NG revenues are inextricably linked to Elect Generation too, .

[bountyhunter] 05/12/2023 18:00

Comments regarding any form of electricity generation are welcome on this thread.

[anhar] 05/12/2023 14:26

NG. far as I'm aware does not generate electicity so I don't see why the price or source of uranium for nuclear plants is of much interest to NG. shareholders.

[bountyhunter] 04/12/2023 11:39

Russia did cross my mind with regards to Uranium, a very significant point!

[bountyhunter] 03/12/2023 10:35

No veto I hope!

[laurence llewelyn binliner] 03/12/2023 09:01

#Bounty Hunter, I bet Germany were all over that ..:o)

[bountyhunter] 02/12/2023 18:21

Nuclear looks set to gain momentum..

At COP28 22 Nations have just agreed to triple Nuclear capacity by 2050 with a nuclear summit to be held in 2024..

[tuftymatt] 01/12/2023 15:48

Thanks and I think you could be right bh.

I hold SSE too and have no plans to chop there so took profit here instead. Being a Friday and with Chair Powell speaking later, I know he is US focused, I just thought some of the froth could go flat so took it.

Good luck to you and all holders and I will be watching for a re entry 👍🏻

[bountyhunter] 01/12/2023 15:38

You've done brilliantly with your trades since before XD Tufty but I reckon this time you may have sold too soon as I see this going higher alongside SSE with Cop28 and a Santa rally 🎅

[tuftymatt] 01/12/2023 15:35

I couldn't resist the quick run to 1034 since selling / buying around the divi so took profit today.

Good luck all 👍🏻

[1carus] 30/11/2023 14:11

GBH2, labour interference, here or not, still worries me. Well actually how the market views it is what worries me. Last election we got hammered here with the thoughts of Corbyn getting his mitts on this company and I am not to sure it will be seen as any difference this time around. It has served me well over the years with a regular re-invested dividend and an original buy in clos to £8. I don't have a huge interest here value wise, but enough not to want to lose a few K of profit on my buy price. History shows I could probably sell here and buy back my shares within 12 months for considerably less. Nervous times with this for me.

[bountyhunter] 29/11/2023 10:26

Thanks I'll have a look for that one.

[1carus] 29/11/2023 10:19

Sorry Bounty I clipped the wrong URL the one I have is actually this one
hxxps://www.ishares.com/uk/individual/en/products/251382/ishares-msci-world-minimum-volatility-ucits-etf

I actually only have two etf's the other is similar to this one and invests in all things green/renewable and wonderful.... doing OK but not as good as the S&P one, but hoping it will be a better long term gain... talking decades not short term.

[bountyhunter] 28/11/2023 18:36

This one? GSPX