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?

Morgan Stanley reiterates its Overweight stance TP reduced from 740p to 730p.

Looked at these but think that SVT are a better risk in this type of sector i.e. defensive at the moment.

HSBC Upgrades to Overweight TP raised from 740.00 to 770.00

Nicely off the 200 ma.

Interim Management Statement

Liberum Capital Upgrades Buy Old Tp 685.00 new Tp 730.00

Thankyou "skinny" for all your help.

You're welcome Baylis - I just post news/charts on shares that I follow/hold.

New 2year+ highs this morning.

£7.

HSBC upgrades to Overweight Tp increased from 770p to 790p.

Sparks fly again on National Grid amid takeover rumours

The powers that be in the City are adamant that there is a multi-billion-pound takeover bid being hatched in the utilities sector. Corporate financiers have apparently been busy burning the midnight oil for weeks in order to bring the deal to light before the end of the month.

All fingers yesterday were again pointed at National Grid. Shares of the operator of most of England’s energy pylons and pipelines touched 693p amid growing speculation that GE Capital, the financial services unit of US giant General Electric, and its advisors are working on a cash offer well north of £9 a share. The close was 2p easier at 691.5p.

The word is GE Capital wants to get its hands on National Grid’s American activities and would be a seller of its UK operations.

I did have a nibble in the end and have taken my profit today, Sell on the rumour.

Back in on Fri. and up already, nice little trading range developing here?

National Grid plc
Initial Proposals: consultation response

Today, National Grid has published its detailed responses to Ofgem's initial proposals for the UK electricity and gas transmission (RIIO-T1) and UK gas distribution (RIIO-GD1) network price controls.

The initial proposals are the first time that National Grid has had an opportunity to test Ofgem's evidence and analysis and as a result the responses are extensive and thorough. As previously stated, National Grid believes that the initial proposals as they stand give rise to a number of important issues which need to be resolved over the coming months to ensure a fair balance of risk and reward for investors and customers. National Grid is committed to working with Ofgem to deliver an affordable deal for consumers which will allow these networks to finance around £25bn of essential UK infrastructure investment.

Out again.

Light weight! :-)

12 month high of 706 could be vulnerable today.

.. Well if it does us lightweights won't be very pleased -):