Member Info for fleccy

There you go again, proving yourself to be a longtermidiot. I think I'll spend any free time I have next weekend going through NG's historic results, and look at doing lots of posts on the NG forum during next week, I know you enjoy it when I post on there so it could be fun.

"you thinking about your nonsense shenanigans of the previous day"

I had no idea liaising on here could cause a blocked nose and hay fever symptoms, go figure. If you think I worry about what happens on here then you really don't know me, sure I enjoy posting on here and I'll spend time playing with spreadsheets and reading through articles and results, but that's where it ends. Coming on here is just a way to pass the time and have some fun along the way, but anything that happens online stays online and doesn't get a second thought when I'm offline.

"NO I didn't start it - YOU started it,mentioning National Grid at 12:56, so once again, get your head straight."

Only in response to your "ludicrous" 😉 10:20 dig at me, which was uncalled for and out of the blue, did you forget about that?

""so once again, get your head straight"

I'm afraid this is as good as it gets.

https://images.app.goo.gl/Z44LfGxtjNjneV249

"Fleccy obviously has personal problems, so lets wish him well."

I'm not sure why you'd say something like that Daniel, when on many occasion's your posts have been incoherent and nonsensical. As far as my personal life's concerned, it's going pretty well at the moment, thanks for your concern. I'd recommend you stay off the Bell's in future

Well you don't know me Daniel, so keep your opinions to yourself instead of backing up longtermidiot.

Not true. Although Openreach is basically an infrastructure management company, and doesn't own the ducts, poles and Fibre, its valuation would be based on the guaranteed income from the contracts it holds with BT and other CP's. If BT were to sell Openreach, which I don't believe they will, yet, they would likely give them a long term lucrative contract to ensure a good valuation.

Well stay out of stuff that doesn't concern you then.

You don't see me complaining about the completely pointless prophecy posts that fill this board up with spam do you?

Shut up Daniel, mind your own business

"you appear to be creating a circle"

You started it with your "due to you thinking too much about how you can get your head straight". You can't complain if you instigate a response by having a go, what did you expect?

"i am very happy to be making a further 5 figure investment at 645p per National Grid share"

So you currently own over 5,318 shares, with an entitlement of at least 1,551 new shares, I'd hazard a guess you're not far over that either. I'd have been more impressed if you'd said a 6 figure investment at 645p.

I'm not a tax expert so take anything I say with a pinch of salt, but my understanding is that the current UK CGT allowance is £3000. If you bought 10,000 shares for £1 each and they then went up to £2 per share, meaning you're showing a paper profit of £1 per share, you could sell 1500 shares before you pay CGT, because the £3000 Capital Gain is within the yearly allowance. If you sold 5000 shares in the current tax year, to recoup your full initial £10,000, you'd incur CGT on the £7000 above the £3000 allowance.

Canada PPIB must be wondering about their short positions, they also have a Vodafone short position that's likely underwater too.

https://docs.google.com/spreadsheets/d/e/2PACX-1vSzpntXIbDbv3WIJxMzgrF484U08WUxqoWPJuzrHhTKoVPC-2NGC_bsiH4p5RVM3E8LnsOtS6NazImN/pubchart?oid=1398899881&format=interactive

I might even build charts and produce tables 😆

LTI my head's very straight when it comes to NG; They kicked shareholders in the nether regions and there's a reasonable chance the share price will be punished once the dust settles. I was actually thinking about leaving NG be, but I might just double down and make it my mission to post there in perpetuity, in view of your interest in following my every post..

Ignore that, I hadn't had my coffee this morning. You will get the dividend, but you'll be hit with the price adjustment. I had a bad nights sleep. 🥱

"If you sell your shares on the ex-dividend day you are still entitled to a dividend payment"

If you sell your shares on Ex Dividend day, you'll lose twice, you'll lose the dividend and you'll be hit by the share price adjustment.

It'll be interesting to see if they achieve their forecast 10% CAGR going forward, their forecast is probably right at the top end of what's possible.

"You need to look at their dividend paying history"

Time will tell.