Member Info for Ian1970

You can guarantee it will do the opposite of what I think it will.

Where did you source this information please?

I agree, the markets seem to react disproportionately on any bad news like this. I would bet on a working vaccine early next year.

https://www.theguardian.com/world/2020/sep/09/pause-in-oxford-coronavirus-vaccine-trial-not-necessarily-a-setback-says-han****

It's going to yoyo on every bit of good and bad news. Long term it should all fine. Fingers crossed. I am just one poster on here, and tbh I usually get it wrong.

320ish , no idea if it will get there though. It's just one opinion among many.

Think today is a knee jerk to rising cases, threats of more quarantine. and also the Oxford Vaccine trial has been paused as someone has fallen ill. They're recovering already. There is no detail as to whether the illness is due to the vaccine or something generic. I sold out last week, looking for another entry point as my gut feeling and the evidence seems to point towards steep rises next year, fingers crossed.

They are fairly low at the moment, I can't see them going much lower, but nobody has a crystal ball. I have a holding worth about £15K, I don't worry too much about the daily price (I bought in at c960), I bought them for the dividend. There was an article in Motley Fool a few days ago (search online) that said they are growing their operations in USA, which will provide additional revenue streams so if successful I can see them going over 1000 again and beyond. But if they don't, I'm not complaining over c5% dividend pa. On the negative side, demand for electricity could fall as we tip into recession (though in all likelihood not massively) and the government regulators are always pressuring them to be ecofriendly, meaning greater costs of producing electricity etc. A case of DYOR, but - bearing in mind my interests are to see the price rise, with a second wave likely, this is seen as a relatively safe stock or at least as safe as they can be. Hope that helps :-).

I'm not sure why the UK government is resisting this, unless it's to boost domestic tourism. Though there is a suggestion they will test on arrival then insist on quarantine for five days with another test, which is better than 14 days. Short term, it's looking likely that Portugal and maybe Italy might got on quarantine list, which could cause sharp drops, so opportunities to buy back in for me as I can see 600p next year.

Fundamentally we're in the same situation we were in three months ago. The sustained growth should come if (when hopefully) there is a vaccine. Until then it's going to be airbridges up and down, quarantine on and off etc, with the consequent yoyoing in SP. But I'm looking to buy back in if it falls back again.

Thought process is that England & NI may follow rest of UK on quarantine on Poland etc, which will send them tumbling again giving a buy back opp. But it's like betting on a horse.

Sold mine now, I just copy you. Nice c£8K profit on last buy at 298, thanks ANAPA.

Agreed, Sadly it is looking increasingly likely Portugal will be put on quarantine. https://www.dailymail.co.uk/news/article-8692891/Portugal-brink-quarantine-Britons-facing-dash-flights.html, then possibly Greece. So there is more volatility, but I reckon we're almost out of this now, so the big gains will come later in the year or early next year.

I've mixed opinions on Motley Fool, but maybe this may give some hope to those of us used to the daily 1% falls that seem to have being going on for a month now. https://www.fool.co.uk/investing/2020/08/30/why-i-think-the-national-grid-share-price-can-help-you-get-rich/

Countries are going to go on and come off as infection rates vary, it will impact SP in short term, but long term it's likely a working vaccine is around the corner and we'll see big gains. Anything under 300 and I top up.

For me personally, I think these countries will go on the quarantine list soon, meaning SP could drop below 300p, for me that is time to top up. Long term see good growth especially as rivals going to the wall. Just an opinion. I'm thinking 500-600 by mid 2021 if there is a vaccine.

And.... after a short break.... He's back......

I was (pleasantly) surprised to see the rise today, I was expecting sharp falls with the COVID flight and infection rates rising in countries like Portugal. Just shows what I know.

I bought in recently just below 300. I'm bracing myself for a sharp drop if Greece and Turkey go into quarantine (though it is coming to the end of the holiday season), but aside from that I think they will grow steadily, especially if a working vaccine can be distributed globally before the next season. I cannot see them go much below 300p though even in worst case scenario. If they do, I will top up.

I guess this morning's sharp fall is due the latest quarantines, but these are relatively small destinations, plus Cuba is reopening so I suspect there will be a recover later today once the market has digested the reality.