National Grid Share Discussion Threads

[skinny] 21/12/2021 08:08

bountyhunter - I'm sure I'm not alone on here in having held since those days.

[utyinv] 20/12/2021 00:24

The top 15 UK companies set to grow their dividends next year

[bountyhunter] 18/12/2021 19:15

Don't tell Sid!

(that will only mean anything to those of us old enough to remember the British Gas floatation :)

PS just checked and my memory from what is now 35 years ago is not quite right on that, it was actually "Tell Sid"!

[banj] 17/12/2021 15:35

Very nice Sid. Merry Christmas All NG. longs.

[eaaxs06] 17/12/2021 14:50

Those American's seem to love NG. when their own markets come off.

Good luck everyone, Sid.

[lovewinshatelosses] 17/12/2021 14:32

Ultimately, raising rates in a weak or vulnerable market is a bad idea - but these years of foolishness in not tackling the elephant in the room means that the bad idea is going to have to happen anyway, sooner or later.
After not raising in November, I too was surprised to see the raise yesterday. Should have gone bigger than 0.25% though if going to bother at all.
I guess if one believes the narrative of a recovering economy and jobs market, then further rate rises in 2022 will be fairly easily absorbed. IMO, this feels like stagflation, but I really hope I am wrong. GLA.

[utyinv] 17/12/2021 14:02

Bounty,

I agree it was the surprise rather than the amount. It gave the impression the Gov is panicking.

He dug his head in the sand rather than acting in November

[bountyhunter] 17/12/2021 13:17

Lws, it was the unexpected timing of the rate rise yesterday which surprised the markets not the scale of it.

[steveyc1] 17/12/2021 12:29

Seeing as this stock doesn't move that much it was a huge drop but mostly recovered the position now, good buying op for the brave

[lovewinshatelosses] 17/12/2021 12:28

BH: That is probably because the rate rise was tiny! I agree the debt pile is high here, and that is literally my only concern with NG as a holding.
I think the market currently believes that the BoE will not raise rates that much more over the next 12 months. Even though what many nations probably need is a number of Paul Volckers to pull the plaster off.
That would hurt a lot of outfits, including NG of course, but I fear sustained, rising inflation more.
I did not live through the 1970's and too young to be aware of this stuff in the early 1980's either...but they did not even have the type of debt pile that we do today, so goodness knows how bad it will be when eventually the music stops!

[bountyhunter] 16/12/2021 17:45

Not much of a drop at the end of the day given the surprise nature of the BoE news at midday.

[utyinv] 16/12/2021 17:32

Mattboxy,

As I said in previous post, Bailey is weak, he takes his stage from what happens in the US. This rise should have been done in Nov.

To arrest inflation we need to raise interest rates by 4%.

[gilesy911] 16/12/2021 17:29

Was tempted to buy back at lunchtime but now going to wait!Was I right in my decision?

[mattboxy] 16/12/2021 12:59

They have got a hell of a lot of debt. May be more of a thought that further rises will follow next year. Many hoped they would hold off with omicron hitting everything just before Xmas but they didn't

[mattboxy] 16/12/2021 12:31

Back to where you sold now

[steveyc1] 16/12/2021 12:18

Share price absolutely tanking, did not like that rate decision one bit. Buying opportunity now but how far will it fall? Only a small rise and expected albeit it slightly early, drop feels like an overreaction to me, minus 35ish points in 15 mins.

[utyinv] 15/12/2021 09:10

Mass inflation to pay for furlough, grants given to businesses and commercial premises to stay open.

This money printing will have to be paid for by someone and it is usually sorted by inflation eradicating debt, ie, the £303billion can be paid back in years to come by borrowing when £303Billion will be seen as small change.

One thing for sure, we will always need energy (heating, lighting etc) and as nothing in life is free these shares should keep pace.

If NG’s gamble to electrify transport, use clean energy etc etc and that decision pays off, the share price could be at levels never seen before.

I can see these shares in years to come being £20/ share, that would make the Company’s market cap £68billion.

Put things into perspective, Tesla only one maker of electric cars ( there are many other makers), has a market cap of £962billion

[suetballs] 15/12/2021 09:06

Yep a sound place to be especially atm.
Suet

[skinny] 15/12/2021 08:31

I've held since floatation in one shape or form - one not to lose too much sleep over!

[pierre oreilly] 15/12/2021 08:25

It's been at an ath hundreds of times. Doesn't make me sell. Held probably for 25 years, probably outperformed everyone who stares at the screen selling at each ath.

[skinny] 15/12/2021 08:22

1063.60p - highest since 20/02/2020.

[mattboxy] 15/12/2021 07:56

Looking at the 3 year chart we are near the highs. But calling the top or bottom is an impossible game.

[gilesy911] 14/12/2021 17:40

Where do you see it levelling off?I sold at £10.28 and now gutted lol

[mattboxy] 14/12/2021 12:32

Me too took 10-47 yesterday. Leave a bit in for the next man.