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Lootman wrote:77ss wrote:Lootman wrote:Any article with a title like that is doomed.
Remember "Never Sell Glaxo", the love affair with Hanson and ICI, or the Nifty Fifty?
Personally I'm still waiting to get my money back on Coats Viyella and Marconi.
I agree with you about stupidly titled articles - harbingers of doom indeed - but of those you mention the only one I have any experience with is GSK.
I have held it (or its predecessors) for nearly 30 years now, and am sitting on an XIRR of 9.6%.
No miracle worker, but a satisfactory component of my holdings. I top-slice and top-up occasionally but have no intention (at the moment) of selling up.
Good luck with Marconi -:)!
Fair play although didn't most of that return in Glaxo happen in the first of those three decades? The share price looks pretty flat or down over the last 20 years. It peaked at 2288 in January 1999 and I am seeing 1550 today.
Thank God for the dividends, I guess.
richfool wrote:According to HL website, someone (or more likely some organisation) bought £19,637,546.13 worth of NG shares at 16.35 today. That was 2410994 shares. As the trade was priced at 814.50p HL assumed it was a purchase.
https://www.hl.co.uk/shares/shares-sear ... 2,-204473p
richfool wrote:Dod101 wrote:
Inevitably we now have two threads running. I know not why.
Yes, that's correct. As I understand it, that is why the system was set up.
The HYP Practical board is used for the discussion of matters more tightly related to the stock within a HYP portfolio.
The Share News board is used for the discussion of broader issues related to the stock and also avoids posters taking HYP discussions off-topic.
Itsallaguess wrote:richfool wrote:Dod101 wrote:
Inevitably we now have two threads running. I know not why.
Yes, that's correct. As I understand it, that is why the system was set up.
The HYP Practical board is used for the discussion of matters more tightly related to the stock within a HYP portfolio.
The Share News board is used for the discussion of broader issues related to the stock and also avoids posters taking HYP discussions off-topic.
I think tremendous credit should be given here, as I think it's the first time that I've read such a clear explanation of the intent from someone who's not involved with moderation.
Well done richfool - there's hope for us all yet!
Cheers,
Itsallaguess
richfool wrote:Itsallaguess wrote:richfool wrote:
Yes, that's correct. As I understand it, that is why the system was set up.
The HYP Practical board is used for the discussion of matters more tightly related to the stock within a HYP portfolio.
The Share News board is used for the discussion of broader issues related to the stock and also avoids posters taking HYP discussions off-topic.
I think tremendous credit should be given here, as I think it's the first time that I've read such a clear explanation of the intent from someone who's not involved with moderation.
Well done richfool - there's hope for us all yet!
Cheers,
Itsallaguess
Thank you for the thank you Itsallaguess.
Well that seems to be the theory of it, though in practice it tends to break down, as upon seeing an item of news, annual results, a report or update posted on the HYP Practical board, "all and sundry" tend to then be drawn in to comment on all aspects, rather than just the dividend or matters more strictly pertaining to their HYP. Thus the threads on the HYP Practical board then broaden out into all sorts of other aspects. That's why I now try and make any broader comments on this board.
Dod101 wrote:And therein lies the problem. The difference is all too subtle for a chap like me and apparently many others. However I daresay if it keeps most happy.........
Dod
National Grid has reached an agreement with the State of New York to immediately lift its natural gas moratorium for all customers in Brooklyn, Queens and Long Island for approximately the next two years. National Grid will therefore proceed to connect those customer applications put on hold due to the moratorium and start processing all new applications.
This agreement also provides the necessary framework for resolving the longer-term energy supply issues. Within three months, National Grid has committed to present options to meet New York's long-term gas supply needs. Following a consultation process through a series of public meetings, final long-term options will be identified, that reflect the public input, and should be agreed with the State by June 2020. This will allow for safe and adequate construction of long-term options.
As part of this agreement, National Grid will offer $7 million in customer assistance to address hardships arising from the moratorium, invest $8 million in demand response and energy efficiency programs and make an additional $20 million investment in clean energy projects and clean tech business investments.
The optional scrip dividend, allowing shareholders to receive new fully paid ordinary shares in the Company, instead of a cash dividend, is available to ordinary shareholders on the register on 29 November 2019, the dividend record date. A timetable is provided below.
National Grid has today submitted its final business plans to Ofgem for its UK Electricity and Gas Transmission businesses, as well as the Electricity System Operator, for the 2021-2026 RIIO-2 period. These plans have been developed following extensive engagement with customers, industry stakeholders, non-domestic consumers and households across the country.
Our Electricity Transmission plan has a baseline totex spend of £7.1bn over the five years. It assumes connection of 15.3GW of customer capacity, providing the UK with clean power and flexible storage, as well as continued investment to maintain reliability and resilience. Our Gas Transmission plan has a baseline totex spend of £2.8bn over the five year plan. It assumes an increase in asset health and cyber related investment, as well as a programme of work needed to test and prove hydrogen conversion options. The baseline spend, under our financial framework, would see consumer bills reduced slightly in real terms for both Electricity and Gas Transmission.
idpickering wrote:Report for the year ended 31 March 2020
Here; https://www.investegate.co.uk/national- ... 00063027Q/
Dod101 wrote:idpickering wrote:Report for the year ended 31 March 2020
Here; https://www.investegate.co.uk/national- ... 00063027Q/
Thanks. In comparison to the over complicated report from SSE yesterday, this report is very straight forward and they concentrate on statutory results, showing the underlying results alongside them. Very helpful and I think in the circumstances quite good. Furthermore they are increasing the dividend again.
Dod
Dod101 wrote:National Grid is the only utility I hold and I am happy about that. Since it controls the electricity network in England anyway, I should think that Kool Keith will be quite careful about it and in any case only the Marxist Corbyn has ever mentioned nationalisation in a recent Labour manifesto and a General Election is 4 1/2 years away.
Dod