Member Info for lucidbassman

Completely reasonable and logical. 11billion gas d sale completing in quarter 4 - proceeds of which back to shareholders in 1 off dividend. I've done a massive top up

Will be on 15th December. Sale complete in late jan - early March

Anticipating end of Nov, early Dec buyer confirmed Buy a chunk in early Nov because the sale is all geared towards giving the best shareholder value Ie one off divi or improved divi

I work on the Sale Programme - bidding and negotiations are still very much ongoing. Wouldn't expect to see share price change much.

http://www.ftsenews.co.uk/2016/04/26/national-grid-plc-lonng-issued-with-buy-rating-at-hsbc-securities/

http://www.independent.co.uk/news/business/analysis-and-features/steve-holliday-the-undersea-secret-thats-bringing-more-power-to-the-people-1757503.html http://www.financialdirector.co.uk/financial-director/interview/2299068/interview-national-grid-fd-andrew-bonfield

This is a solid share and forms a big part of my pension pot (in about 35 years!). It's a low risk Business model that focuses on generating shareholder value with consistent heavy investment in essential asset. I'm a middle manager at NG. Replace and Extend Programmes are in full swing and are HUUUGE in size and scope (£25billion over the next 8 yrs). The Business is currently performing very well under the first year of the RIIO regulatory period. The first of the 8 year period was expected to be a challenge in terms of delivering what Ofgem was expecting under RIIO (efficiency, savings, customer satisfaction and complaints). Performance so far has been above expectations in most areas. Operating profit - £3.5billion. Dividend consistently grows (36.3p, 39.3p, 40.85p last 3 years) and Steve Holliday has been quoted “We aim to grow the ordinary dividend at least in line with the rate of RPI inflation each year for the foreseeable future”. Mulberry - if looking for others, try BAT. Have grown consistently over last few years. BP looking good also. Alternatively try here for ideas. http://www.topyields.nl/Top-dividend-yields-of-FTSE100.php good luck. hope this is useful view from the inside for you all.

I work at middle management level for NG in Warwick. There has been much positive investor press around NG recently (fool.co.uk etc) along with the safe guaranteed income features of this share, plus growing dividends, this has come the place to go. Investors will move away to cyclicals now as alluded to below. The company is very solid. It is an income share however, and I certainly see it as part of my retirement fund and invest monthly. As a growth share, it will continue to fluctate and is risky. The company essentially operates as a monopoly across the North West, West Mids, London and East Anglia. Even with heavy Ofgem regulation and price setting, profits will continue to rise as mains replacement workloads over the next 10 years are HUGE. So, in my opinion this is a solid share for long term income. Nothing to worry about. Regards

this is at its highest level since share dillution days? From where I'm sitting the massive public spending cuts announcements tomorrow will mean less more redundancies, then less consumer spending resulting in less new cars being purchased, less second hand cars being purchased, people cutting back on standard dealer services (at 50k miles etc). Also the last RNS from lacrioux was very cautious and not particularly optomistic! am I missing something here?

any thoughts on the next good entry point?

see hallmarks last post. always dips after good news. got out at 325 on his advice, will now look for low entry point as things here get quiet until the dividend window later in the year

yep consolidated 10:1...shame my 18p buy would be looking pretty tidy right now!! (although im still happy with it)

many thanks for your comments, make alot of sense. I'm in at 18pence, and haven't done a thing since - just watched it go up to 345 and down to sub 250 (minor panic!). want to hold long term as this share has a superb track record (prior to recession!) GL

consolidation means we are relying on the big boys to move this around now. shame. i have no idea about the results, cant find much knocking around on the web. any ideas anyone? as this hasn't moved much im assuming the dividend is not due to be reinstated....

the consolidation will put off new investors - £3 for one share from the outset looks expensive if you are not a big trader and fancy a punt on a few shares. In the happy boom days of June 2006 you would have paid £27.50 a share, but the volume of shares out there was much smaller back then. Despite the consolidation, the volume of shares will remain very high - hence I can't see this being much of a growth share until we have a complete turnaround in the economy - some predicting that we are going to see hard times for another 10 yrs with tax increases and VAT increases, net result - people have less pockey money to splash on prestige cars. INCH will become an income share when they announce a dividend again next year, and a small dividend at that. INCH has served me well but i can't help but think its time to invest elsewhere. Any thoughts? DYOR, GL, lucid.

FTSE is down today anyway and this will follow it as high volume of shares (see homepage right hand corner risers fallers and volume tabs)

...don't pull out at a loss, unless you need the money right now. I've said before this is a long-term share - the downside being you won't make millions overnight on this. if you want quick profit you need to invest in more volatile small-caps that fluctate by the day - but have much more risk. The real gains will start to show in a year's time on this. In the meantime, I will be topping up where i can at low prices as this will gradually climb above 30 then 40 post-march. The glory days of 400-500 pence may never happen again due to dillution and the world economic climate over the next ten years - potential high inflation being the big concern. My advice, although you didnt ask for it, (!!) is keep your money here and wait. have a good weekend all bassman.

this is a great place to put your money in and wait 2 years or so, but i wouldnt expect any huge rises until the end of this year but its a good investment of the cheapest loan you will ever get in ur life. i was in this at 8p and sold at 31p made around £40k. i have put that £40k back in at 26p and would expect to double my money by the start of next year. gdluck all, hav a gd weekend.

its not that rosy, im not convinced that the results are going to be that great. there is still debt here and the rights issue means that the share price is heavily diluted from hereon so you wont see a move into the mid-late 30s till later this year. this is a sell for me at this price, wait until later in the year to buy.

a few weeks ago i saw the CEO speak at the london investors conference. He was very optimistic about the second half of next year, but there was little mention of the first half of 2010. Obviously, at an investors conference, you will focus on the good not the bad. And the short-term for inch is going to be tough. They cleared alot of debt with the rights issue earlier this year, but remember that this will have dilluted the share price and as a result it will take HUGE patterns of buying to cause a meaningful rise in share price. The next statement in Dec will be a cautious one, so buy in at around 21p in march and HOLD long term. this is a winner in 2011-2012