National Grid Share Discussion Threads

[newbank] 28/9/2024 14:07

End of Quarter fall.

[anhar] 26/9/2024 11:21

Black hole is a term pinched from cosmology. Not sure why the government is using it but at a guess, because it sounds more dramatic than a mere unadjectived hole. In the past it would have been described as a deficit.

Unfortunately it's become one of those endlessly repeated buzzwords, like "working people" whatever that means.

None of which has anything to do with NG..

[pierre oreilly] 26/9/2024 08:17

The black hole is now 20bn and 16m. Well find out where it'll all come from soon enough.

[gbh2] 26/9/2024 08:00

Who will the cash be "Recovered" from?

[goldgeezer] 26/9/2024 07:28

Good yield in the meantime to hold & build. No plans to sell for many years

[skinny] 22/9/2024 13:53

Very true!

I have a similar time frame with a few shares - which I don't trade much at all anymore - having long covered my original stake by trading and now treat as pure income.

SSE which I bought in 2010 and traded until 2017, is my third largest holding by value.

I should point that up until I started running my SIPP in 2009, I'd held both the above since the were privatised- 1990?

[bountyhunter] 22/9/2024 13:22

Yes that is a longer term chart :)

The same principle applies but your chart does show more clearly that the long term trend has been favourable for the few that have held for that long!
Buy and hold used to be easy but with 'free' online dealing at the click of a button churning portfolios has become more the norm, which has not necessarily been a good thing for investors. What I don't like about the 'free' brokers is that they often don't give you the price ahead of executing a trade.

[skinny] 22/9/2024 13:11

We can but hope, meanwhile I've held since 2010 with a then purchase price @495p, traded them successfully until 2013 and have held ever since, adding in this year's rights issue.

For a 'boring' utility, over the years, its been one of my better trading / holding/ income shares.

[laurence llewelyn binliner] 22/9/2024 13:00

#Skinny, PF weightings are very important for protection as discussed before, but IF you are going to get overweight it really needs to be a safe position, we do have a monopoly in the UK, NG post RI looks about as good as it gets outside of a fund/trust for the secure and index linked dividends so I am a more relaxed about it having doubled down taking up the RI and adding after it, IF they were to move to an equal quarterly that would be even better.. :o)

The uptrend post 2018 wave 4 is still very much intact, and should continue for some time to come..

[skinny] 22/9/2024 12:40

This is a long term chart :-)

[bountyhunter] 22/9/2024 12:28

The long term chart of NG. is an interesting one. When it takes a dip it doesn't stay down for long, but on the flip side when it spikes it doesn't stay up there for long either. It's the yield of course which has underpinned this investment despite the recent (unprecedented?) cut. In light of that and the rights issue I have been surprised to see the strong recovery of late since that fiasco.

[skinny] 22/9/2024 10:32

You are not alone - NG. are my largest (value) holding by some margin currently.

[laurence llewelyn binliner] 22/9/2024 10:02

#Skinny, they all need connectivity, no matter what the power source or power needs.. :o), I am here for the secure dividends and a bit overweight NG after the RI..

NESO now the operator, but NG own/build/support/maintain the infrastructure..

The biggest threat here would be a further step to nationalisation, an unlikely outcome, but nothing is a certainty apart from death and taxes of course..

[skinny] 21/9/2024 09:00

Thanks Phil.

[philanderer] 20/9/2024 21:36

Questor: Ambitious investment in the grid could electrify our income portfolio

Income portfolio: attractive yield and defensive qualities make for a worthwhile investment

[jam62] 19/9/2024 17:05

Today, there was a very large rotation out of utilities into luxury stocks. Absolutely no specific negatives regarding NG.

[skinny] 19/9/2024 16:17

NG. & SSE in my top 5 holdings by value - so not a happy day!

[gbh2] 19/9/2024 14:50

Almost back to breakeven :(

[1carus] 19/9/2024 13:01

Bounty, I may well buy in on any weakness (Nexans). Do we know who is tasked with building/supplying the battery back up for the grid, that may be a bigger opportunity.