National Grid Share Discussion Threads

[colsmith] 15/2/2024 10:10

mark - to ensure some sort of fiscal prudence a rate between 4 and 6% is reasonable. Virtual zero rates over 10 years or so have put the money printing and borrowing on steroids. How to get rid of debt, one way with obvious risk is inflation! It used to be millions, then billions now trillions. But its a push pull - those who get rich on low rates and those who see the need for fiscal prudence perhaps to stop the real fiscal meltdown - who knows.

[marktime1231] 14/2/2024 16:46

It is easy to describe inflation as being "stubborn" at 4.2%, but we know there are further falls to come. Keeping interest rates at 5.25% is perhaps embedding the problem rather than solving it. The base rate is the number folks will look at when pay bargaining and is why wages are still rising at 6%.

The former chief economist Haldane recently observed that the job of the setters is not to wait until high rates push the economy down a hole, it is to understand the way things are going and to adjust before doing unnecessary damage.

Unfortunately Fatboy Bailey is not showing much understanding. A pity there aren't more real world guys like Haldane on the MPC to counter the Ivory Tower academics. Does the Treasury have any opportunity to make substitutes, or expand the group and parachute in half a dozen right minded types?

Edit ... oops just spotted I am wittering away on the NG board sorry to off- topic.

[lippy4] 14/2/2024 16:45

i would love that..

[utyinv] 14/2/2024 16:28

anhar;

Not anti-American by far , hold many US based stock and spend a lot of time in US, but the Hedge Shysters are definitely shorting UK stock more than their own stock. NG is very successful with great potential but that is not reflected in its share price.

Maybe a Qrt divi policy would curb the level of shorting that Yanks carry out on Brit Stocks

[anhar] 14/2/2024 11:58

As always Dow up, FTSE down. Dow down, FTSE crashes.

Soooo corrupt!

Corrupt how? Maybe it has more to do with the US having a lot more companies that enjoy greater success than the UK.

In any case the comparison is rather invalid because the Dow has just 30 shares whilst the FTSE has 100. The US market has far more stocks than the UK so a much better comparison with the FTSE is the S&P500.

You'll find that the S&P has way outperformed the FTSE but obviously, unless you are some kind of conspiracy theorist, it is not due to corruption but to the much greater number of highly successful companies in the US.

I really don't get your persistent and baseless anti Americanism and will continue to hold NG. for income whilst more or less ignoring price movements, which I don't believe for a moment have anything to do with some kind of conspiracy. Short term prices nearly all move randomly. Long term they are related to company performance though it's not a precise relationship.

[utyinv] 14/2/2024 09:23

CPIH for Jan 4.2%

So as before, to date we have:
Apr ‘23 : 7.8%
May ‘23 :7.9%
Jun ‘23 : 7.3%
Jul ‘23 : 6.4%
Aug ‘23 : 6.3%
Sep ‘23 : 6.3%
Oct ‘23 : 4.7%
Nov ‘23 : 4.2%
Dec ‘23 : 4.2%
Jan ‘24 : 4.2%

[utyinv] 13/2/2024 17:06

As always Dow up, FTSE down. Dow down, FTSE crashes.

Soooo corrupt!

[gbh2] 13/2/2024 11:16

Drops because it's dead money investment between Final Ex dividend dates.

[utyinv] 12/2/2024 19:02

Concensus from TIPRANKS ( take overall averages from wide range of analysts) Average value £12.0813 (strong buy) and high value £13.30.

Low Value is £11.50 hense consensus vastly oversold🤷

[utyinv] 12/2/2024 18:57

Dow at record highs and disparity vs FTSE highest ever. DOW powering ahead whilst FTSE is the poor index of the world

Last publication regarding NGG ADR shorts ( US) is 31st Jan where the shorts increased by 38.6% and compared to the last three years has increased by 250%

[viscount1] 10/2/2024 13:43

Who thinks "Base rates are being discussed as going up at the next move"? That is the opposite of the swap rate predictions.

[anhar] 10/2/2024 12:33

Shares fluctuate randomly over the short term in most cases so there are no reasons. Blaming "yanks" is entirely misplaced. In any case, short or long, pros never act from emotional reasons like "hate" as you claim, it's about making money. The only hate I see is yours against the US, dunno why, they are the greatest innovators on Earth and the only reason we can even communicate like this is due to their tech.

Shorting is practised by pros both in the US and UK and involves substantial risk, it's not exclusively American. So you should equally dislike Brit shorters. In my view if they wish to do it, so what? It's part of an open market. If you can't live with that, the obvious answer is to refrain from investing. But if you want to invest in NG. or any share you have to accept market action.

[pierre oreilly] 09/2/2024 20:07

Lippy, it's acting like a gilt, as usual. Base rates are being discussed as going up at the next move. Maybe they will, and ng will stick around this level for a while, or maybe they won't and they'll rise. Certainly, a quarter point rise is now priced in. Whatever, the Divi will rise as per previous divi strategy statements.

[1carus] 09/2/2024 18:31

I am totally out of this. Better divi to be had elsewhere and potential of growth. Shame as I have been in here for well over a decade. Such potential to be world leading both in technology/knowledge and financially, but one of those is not to be. Only in the UK do we squander so much.

[lippy4] 09/2/2024 17:27

what the hell has happened here,is this a bump in the road or some thing worse.have held this for years as an income share bought a load at £6.50 so still in profit.

worse part i just bought dome more at £9.70 thinking it looked stable but it seems the whole stock market is under pressure downwards..

[tuftymatt] 09/2/2024 14:41

Yeah that's my take on things too.

Back in today at just over 1000. Could be too soon and while my last exit may have been a bit too early it was better than holding.

I hold plenty of others where I have got beaten up sticking with them so I am going to try and trade some to keep my mood somewhat inflated!!

Good luck all 👍🏻

[1carus] 09/2/2024 09:29

I see the slides, so why the share price drop. I see there has to be large investment to electrify all things green etc, is the perception that he debt required to do this will cripple the company similar to what 4G and 5G and fast fibre has done to the telcoms companies, where ofgen similar to ofcom hamstrings the companies from making significant profits to pay back the debt. ( The devaluation of UK telecoms over the last decade has been criminal ) This used to look like a bond in terms of return with year on year growth. There seems little point in holding here anymore. Trading in and out of dividend payment dates seems to be the only viable play here. If you can be bothered.

[mirandaj] 08/2/2024 17:08

The slides are available

[1carus] 08/2/2024 16:55

Hmm, what happend there?

[mirandaj] 08/2/2024 11:18

"National Grid and its contractors are celebrating a total of four million hours worked on the Hinkley Connection Project while maintaining a world-class safety performance.

The Hinkley Connection project stretches 57km from Bridgwater to Avonmouth, and will connect six million homes and businesses to new sources of low carbon, homegrown energy, including from Hinkley Point C.

Construction began in 2018 and is set for completion in 2025. The four million hours worked to date by teams from National Grid and its 12 specialist contractors have been put to good use.

Key achievements include:

constructing 116 pylons to the new T-pylon design in a world-first;
installation and energisation of 8.5km of underground cables under the Mendip Hills, a designated National Landscape;
planting of over 5,000 trees along the route;
volunteer and STEM events with schools along the route, plus over half a million local school children supported via STEM grants;
preservation by record of a previously undiscovered Roman settlement;
construction of two new substations at Shurton and Sandford;
removal of 249 existing pylons from the Somerset landscape to make way for the new connection;
making available over £1.6 million of grant funding for 100 different community projects;
construction and opening of a new traffic-free section of the popular Strawberry Line Heritage Path.
Steven Haskayne, project director for National Grid, said:
"The total number of working hours demonstrates the scale of the project and what it takes to deliver the critical infrastructure that will build future resilience into the network and support the UK’s net zero by 2050 ambitions. I’m proud of every moment that each team member has dedicated to the Hinkley Connection Project, and what we’ve collectively achieved so far.

"Even more important for me is the fact that we’ve achieved all this whilst maintaining the highest safety standards. No programme milestone is more important than ensuring everyone gets home safely to their families at the end of the day."

[philanderer] 05/2/2024 14:07

Grain LNG signs new deal with Venture Global further strengthening the security of supply of LNG to the United Kingdom

[philanderer] 05/2/2024 10:25

Jefferies raises National Grid to 'buy' (hold) - price target 1,330 (1,000) pence

[skinny] 01/2/2024 09:27

FWIW :-

Bernstein raises National Grid price target to 1,180 (1,170) pence - 'market-perform'