National Grid Share Discussion Threads

[colsmith] 07/10/2024 11:30

Any info on XD date or likely date?

[tuftymatt] 07/10/2024 10:22

😂 Keeps someone in a job I guess

Good luck all 👍🏻

[skinny] 07/10/2024 09:30

FWIW :- Goldman Sachs cuts National Grid price target to 1,130 (1,135) pence - 'buy'

[1carus] 04/10/2024 14:51

oooch!, matters not in these first few quarters ahead of us. Assuming the plan happens, the share price is going to end up between 15 and 20 within a reasonable time frame. Just enjoy the dividends for now. This could also be the last time you see these prices.

[gbh2] 04/10/2024 13:30

Nah, holding is for youngsters, whereas Long Term is three to six months for me.

[goldgeezer] 04/10/2024 13:17

That's always been the case. Don't trade, hold.

[gbh2] 04/10/2024 12:55

Disconcerting when we know that PIs are the last to know what's going on.

[goldgeezer] 04/10/2024 12:52

Big dip for you

[amishp67] 04/10/2024 07:55

Sooner than that i hope. I've just been adding on the dips

[gbh2] 04/10/2024 07:47

Yep run to the results will kick off soon, I hope .

[amishp67] 04/10/2024 07:43

It will recover

[gbh2] 04/10/2024 07:19

Gone from being my best holding to one of the worst, in just one week :(

[utyinv] 03/10/2024 10:56

Spot on Newbank👍

That’s why the CFO Andy Agg expressed at the AGM in July, that after the programme was completed then the Asset value of the company would be £100b ( excluding inflation), compared to £35b in July .

Rough maths at play here, if the current share in circ ( 4.8 billion), remain, then £100b / 4.8 = £20.83 / share.

That ignores the fact that NG are very good at delivering a return on Capital Spend, wanting a return of £1+ for every £1 spent.

That’s the theory anyway🙏

[newbank] 03/10/2024 10:46

rivetest,

NG is very different from other Companies, its a Utility where the capital is normally raised through debt with preferential rates and then paid back through Customers bills over the 40 year lifespan.
However, in this case because the regulator says that shareholders and the Company will win through with an increasing Asset capital valuation (and the bills Companies pay to NG to use the sytsem to deliver the energy to customers is a rather complex mathematical expression based on Asset value), then according to the regulator, Shareholders should bear some pain in delivering some capital through the RI. Its more of a PR issue and welcomed by the Government.

Also, in addition to the RI, debt (paid back through Customer bills) any businesses sold, ie ESO and the 20% remaining from the Gas sale will be ploughed back into the £60b pot, so to speak.

[smcni1968] 03/10/2024 10:26

For what it's worth they claim that no more is needed through 2031

[rivetest] 03/10/2024 10:10

"60 billions worth of pylons" they only raised 6 or was it 7B at the last RI, so when's the next etc?

[gbh2] 03/10/2024 07:09

National Grid, another major player in Britain's energy sector, said its half-year performance came in line with its expectations, adding that underlying earnings in the second half of the fiscal year are expected to be more than the first-half period ended Sept. 30.

[smcni1968] 02/10/2024 19:39

Not so good regulatory decision in the US today but ultimately no big deal

[amishp67] 02/10/2024 18:50

https://www.marketbeat.com/instant-alerts/lon-ng-insider-buying-and-selling-2024-10-02/

[philanderer] 02/10/2024 14:30

Deutsche Bank reinitiates National Grid with 'buy' - price target 1,100 pence

[amishp67] 02/10/2024 09:16

What a tumble..

[goldgeezer] 01/10/2024 14:52

But he's a liar

[philanderer] 30/9/2024 14:58

Voters will have to accept pylons or higher taxes, says UK PM Starmer

[gbh2] 30/9/2024 12:58

Next time Milly gets something right, will be his first time!

[1knocker] 30/9/2024 12:23

Just wait and see, Pierre.