Ok is there a mutter from the gutter going about today or what?
Shares are now consolidated, payout deadline gone, no official
news......??????

(scratches head......)

Any clues among us beautiful BB'ers this afternoon?

Sorry - UKX - now annotated.

.

Chart wise 660 looks achievable.

Easy peasy skinny, 700 before end of the year.

That will be 650 then - I love boring shares :-)

You should buy Tesco then.

Bernard - I have them - albeit from north of the current price.

You would have made more money putting the cash in the post office.

Here is a man who trusts his wife :-)

RNS Number : 6901O

National Grid PLC

21 September 2011

21 September 2011

National Grid plc (NG.)

Directors Interests In Shares

Nick Winser has received confirmation from the Company's Registrars that 196,112 NG ordinary shares formerly registered in his own name have today been transferred to his spouse, Mrs D Winser. His interest remains unchanged, in a total of 1,032,301 NG ordinary shares.

Dir shares move)... That confuses me, still never mind.

Now, anyone into these NG. Bonds? They look like good value, being g'teed not to fall below their "face value" - and will pay 1.5% above inflation . . . so very good if inflation develops - which more QE is bound to happen, even if very slowly.

RNS Number : 1532P

National Grid PLC

29 September 2011

29 September 2011

National Grid plc

Board Appointment

National Grid today announces the appointment of Ruth Kelly as a Non-executive Director with effect from 1 October 2011.

Ruth Kelly is a Managing Director at Hsbc and has held various important roles during her ministerial career in Government from 2001 to 2008. These roles included Secretary of State for Transport, Secretary of State for Communities and Local Government, Secretary of State for Education and Skills and Financial Secretary to the Treasury. She is also a Governor for the National Institute of Economic and Social Research. She has a MSc in Economics from the London School of Economics and spent her early career in the Bank of England.

Sir John Parker, Chairman, said: "I warmly welcome Ruth to the Board of National Grid. Ruth brings a wealth of financial and economic experience, knowledge of large infrastructure projects and the regulatory interfaces from her years in the higher levels of Government and in her current role at HSBC."

National Grid confirms that no further information is required to be disclosed pursuant to LR 9.6.13R of the Listing Rules of the UK Financial Services Authority.

RNS Number : 2514P

National Grid PLC

30 September 2011

National Grid PLC 30 September 2011 National Grid RPI Linked 10 year Sterling Bond - Close of Offer Period

National Grid announces that the offer period for its RPI linked 10 year Sterling bond which began on September 13(th) has now closed. The final issue size is GBP260m.

National Grid is the first company to issue an RPI linked bond available to retail investors and listed on the LSE's Order Book for Retail Bonds ("ORB"), having previously only offered such bonds to major institutional investors. This issue also represents the largest amount raised to date in an ORB transaction.

Malcolm Cooper, Global Tax and Treasury Director at National Grid, said:

"This has clearly exceeded our expectations and we are extremely pleased about the total amount raised. This shows that there is demand for inflation linked products from a business such as National Grid".

National Grid has a history of diversifying its funding sources as a prudent way of managing risk and the success of this offering means that National Grid may consider expanding its offerings to retail investors over the coming years.

Is this Bond listed on this site....can someone give me the "Code" so I can track this issue?

Wasn't this a Retail Offer (last lines of 119=prev. post).

http://www.telegraph.co.uk/finance/newsbysector/utilities/8827853/National-Grid-reopens-retail-bond-offer-after-strong-demand.html

NG1Q is the ticker for the Index linked Corporate Bond Issue, but don't think MoneyAm is offering that service.

Yes its not covered here - you can follow it over the road.

National Grid PLC (NG.LN), an international electricity and gas company said Monday that it has agreed the sale of Utility Metering Services which trades as Onstream, a non-regulated metering business in the U.K., to Macquarie Bank Ltd, for a total consideration of GBP274.3 million.

MAIN FACTS:

-The cash proceeds from the sale will be used within National Grid to fund the continuing investment program.

-The sale, which is unconditional, is expected to complete shortly.

-Onstream is a non-regulated gas and electricity metering business and represents around 9% of National Grid's total U.K. metering activities by operating profit.

-The sale of Onstream provides a clean exit from the business at an appropriate juncture in its development and delivers good value for investors.

-Shares at 0838 GMT up 1 pence, or 0.2%, at 637 pence, valuing the company at GBP22.64 billion.

Thursday - National Grid, which operates Britain's power and gas networks, offers its interim results. John Musk, an analyst at RBC Capital Markets, expects it to report pre-tax profits for the half of 961m, against 971m a year earlier. The UK regulatory environment remains "attractive" and that National Grid's US business is improving, he said. But he estimates the operator faces 150m additional costs in US electricity distribution because of Hurricane Irene this summer

Half Yearly Report.

HIGHLIGHTS

Good underlying performance in first 6 months of 2011/12

Profit before tax1 up 2%, up 19% excluding impact of timing and Hurricane Irene2

Operating profit1 up 7% at constant currency3 excluding impact of timing and Hurricane Irene

Earnings per share1 down4 2% at 19.6p, up 14% excluding impact of timing and Hurricane Irene

Interim dividend increased by 8%, in line with policy

Good strategic progress

Delivering our core investment programme to drive growth in our asset base

Submitted RIIO Transmission business plans, including 25bn of forecast capital investment

Transition to new US operating model completed

$200m cost reduction programme on track

Over 350m of cash generated through disposals of non-core assets from our portfolio in October

Outlook and priorities unchanged

Focus on improving returns and efficiency

New RoCE metric introduced to increase clarity of portfolio performance

Matthew Holehouse, 11:58, Thursday 17 November 2011

National Grid (LSE: NG.L - news) has reported a 3.1pc dip in pre-tax profits after Hurricane Irene and snow storms in America left the power distributor nursing a 140m clean-up bill.

Steve Holliday, the chief executive, said a series of storms had given the power distributor a "pretty exceptional six months in the US".

National Grid reported a 3.1pc fall in pre-tax profits for the six months to 30 September to 971m, down 30m.

The bill for Hurricane Irene came to 69m and the snow storms to 50m, bringing the total storm costs for the period to 140m - against 25m in the previous year.

Once the impact of Hurricane Irene and timing differences on the collection of revenues were factored in, underlying profits were up 19pc, the company said in a statement.

Revenue for the half fell 2pc to 6.306bn.

Shares rose in morning trading 6 to 633p.

Hurricane Irene flattened power lines and knocked out two nuclear power stations, leaving 1.4m National Grid customers without electricity for up to a week. It was followed by 30 inches of snow in Massachusettes in October, again shutting down supply.

"We will work hard to recover that cost over the next few years," Holliday said.

He said the restructuring of the US business had not hindered their response to the storms, which killed 56 people and caused extensive flooding and wind damage through the Caribbean, US and Canada. "The response was exceptional," he said.

He acknowledged the anger of customers, saying: "When a storm comes and your power's off for that duration people aren't happy. People want their power back. As customers, our expectations are getting higher. People expect more from us."

National Grid has cut 1150 positions in the US as part of a 127m cost cutting drive.

The company has scheduled 3.2-3.3bn of capital expenditure to upgrade the UK electricity and gas networks.

Holliday said he was "concerned" by the number of workplace accidents in the past six months and said he would "redouble efforts" to ensure safety.

"We will use the lessons learned from incidents over the period to further reduce risks for our people, our customers, our contractors and the public," the company said.

The company will pay an interim dividend of 13.93p a share, up 8pc, on January 18.