Member Info for seen_it_done_it

The result isn't really that bad but just the 33% dividend cut is doing the damages again, damn it. How I wish I had sold when it had reached 130p a week or so ago!

ng seems to have missed this rebounce. The market is now up 50points but ng only hanging there and also in the red from time to time today. This isn't a good scene to watch. Tomorrow could be another frightful day to come.

will the sp down more than the 26.70p divis? Fingers crossed, let's hope not!

It looks like that this may have a chance of turning blue later today if the Dow opens not so badly. At the moment it is only down 0.1p.

eventually, this snail is about to beat quite a few hares. The SP is higher than it was before the market falls. Unbelievable indeed, so, may be patience is what we all need then.

Indeed this is most unusual, some analyst just said that this is one of the 5 shares can stand any market conditions better than any other shares. May be he said it too soon!

It seems that many people don't bother with the dividends, they are selling just before the share goes xd.

It was David O'hara....

National Grid..by Daviod O'hara The share price history of National Grid plc (LON:NG) suggests that it is among 5 of the shares, which will avoid big market swings. As a provider of vital energy infrastructure, National Grid (LSE: NG)'s services are some of the least discretionary offered by any company in the FTSE 100. This makes their profits and earnings reliable and their shares steady. Despite all of this, the shares have risen 18.9% in 2013. Shares in the company now stand within touching distance of a 10-year high. National Grid is forecast to increase its dividend again this year. A 5.3% increase is expected, pushing the yield for the year to 4.5%. Another similar rise in being pencilled in next year, meaning that the shares trade on a prospective yield for 2014 of 4.7%. A big earnings per share (EPS) increase is forecast for 2013. That puts the shares on a 2013 price-to-earnings (P/E) ratio of 15.1, a small premium to the rest of the market. Other 4 shares are: Reckitt Benckiser Group Plc (LON:RB), G4S plc (LON:GFS), GlaxoSmithKline plc (LON:GSK) and British American Tobacco plc (LON:BATS)

from its height now! It might well break through it today or tomorrow. 900p is in sight! GLA, ATB.

Nice to see this thing moving up with the market for a change and more than 1%, WOW!!!

Do you really believe that NG will come down to under 6 pounds again? Last time when it was below 6 pounds that I think must be almost 2 years ago (August 2011)!

Time2Retire, I think RSA's main attraction was its divis. Now it has been cut, so, it has less attractions now. That's probably why the SP is not moving anymore or down more when the market is bad.

Source: Digital Look -- may 20, 2013 +++++++++ National Grid currently trades on a P/E readout of 15.1 for 2013, cheaper than both its sector counterparts as well as the broader FTSE 100. Furthermore, the electricity giant's prospective dividend yields far ahead of both of these groups, making it in my opinion a stock worthy of serious consideration for those seeking meaty dividend income. The firm continues to invest heavily in its asset base, particularly in the UK -- total capital investment rose £291m last year to £3.7bn -- which I expect to drive long-term profits and underpin steady dividend growth. In addition, the new eight-year regulatory regime agreed with sector regulator Ofgem helps provide excellent earnings visibility for a considerable time. ++++++++ Seem pretty solid to me.

It should read : when you need to buy (not sell) something for 100 pounds ....

With no disrespect, but may be you don't understand much about business negotiations. It is actually a knid of haggles, say when you want to sell something for 70 pounds, you need to start asking for 100 pounds. After a few exchanges, you will most likely to get the 70 pounds you wanted or even 75 / 80 pounds if you are a good negotiator. So same as when you need to sell something for 100 pounds then you should start asking 70 pounds for it. You would most likely to buy it for 100 pound or less. That was same case scenario for NG's negotiattion with Ofgem. They put forward a 30.9 billion pounds investment request for the next 8 years and got 24.4 billion (not 22 billion) allowance. That could be more than what NG was in mind for the actual figure they really wanted to spend because some of the work they summited were totally unneccessary, which means in order to get what they really wanted that they have inflated the figure like the example I gave you above and eventually they got a good allowance. The reason why the Ofgem have to cap their oringinal spending application was to protect consumers like you and me, beacuse the more Ng have to spend on their supply network the more they will have to charge for transporting of electicity and gas and that would be eventually passed on to you and me. That's the whole idea of regulatory work. Without that, the hell will break loose and the inflation will be uncontrollable. Many greedy companies will rip us up to pieces. I hope this will help you to understand more about this matter. GL, ATB.

I believe the follow link is what you were talking about: http://online.wsj.com/article/SB10001424127887324662404578332000763575128.html I personally think it isn't bad at all, as the article put it, they asked more and settled for less, which means they asked for more than they need to get what they really want. In other words, the negotiation was kind of a success with Ofgem really and that was why they could afford to offer the investors a dividends grow promise. On top of that, the UK assets value has been esstimated at an 80% increase after 8 years time from the current 22 billion pounds, so the SP will increase accordingly.

Despite the market's continue fall, NG managed to recoup some of the losses from yesterday. So, indeed this is a defensive stock, and sorry for doubting it.

May have said it too early, there seems to be kind of a slow reaction here, The SP is gradually following the herd, damn!

NG is holding up pretty well under the current market situation. We are still quite near to the high and hope that after the xd by the end of next week or the beginning of June won't be much harm to the SP either, fingers crossed!