Here it is, your all new National Grid thread. The chart features Bollinger Bands, MACD, 50 and 200 day SMAs.

Web Site Link:

http://www.nationalgrid.com/uk


Here's the link to the old NG. thread

Delighted still to be holding these and enjoying the recent run. I have thought on several occasions that I should make a trading sell. How much further before we hit top?

Ho Hum.

Societe Generale Sell 765.00 765.00 634.00 674.00 Retains

HSBC Overweight 765.00 765.00 850.00 850.00 Reiterates

JP Morgan Cazenove Neutral 765.00 765.00 720.00 - Reiterates

New highs again.

Five year closing high today. These are better than a gilt. I reckon the yield will be bought down to 5%. First stop 800.

New high again today @793.50p

£8 touched.

£8.75 a good Target

New high @£8.03.

And back down again. Third time lucky?

816.50p touched.

824.50p. . 826P

What a strong run over the last three months.

New high today @835.50p.

Final results on Thursday 16th.

A bid for SVT today. I wonder what other high-yielding, rock-solid utility might be in line for a bid?

Morgan Stanley Overweight 847.00 847.00 775.00 880.00 Reiterates

Sell on the Final's news tomorrow? or maybe not in this rising market.

Results for the year ended 31 March 2013

Good financial results led by solid operational performance in 2012/13
· Operating profit[1] up 4% before currency movements, timing and major US storms[2]
· Profit before tax1 up 6%
· Earnings per share1 up 12% to 56.1p, up 13% excluding timing and major storm impacts
· Continued strong UK performance. Improved US regulated return on equity: up 40bp to 9.2%
· Recommended full year dividend up 4% to 40.85p in line with one year policy

Significant strategic and regulatory progress
· Agreed new eight year UK price controls covering nearly £24bn of regulated assets
· Finalised four US rate cases with two others settled, pending approval: covering approximately 55% of US rate base
· Capital investment of £3.7bn, contributing to £2.7bn growth in regulated assets
· Strong financial position: issued £2bn of very competitively priced hybrid bonds

Outlook for 2013/14
· Continued growth driven by efficient investment, strong operating cash flows and attractive returns
· New dividend policy to apply from 1 April 2013 - aim to grow the ordinary dividend at least in line with the rate of RPI inflation each year for the foreseeable future

National Grid says regulator deals provide platform for dividends

National Grid insisted it was well set to meet its target of delivering inflation-proofed dividend payments in the coming years after striking long-term deals with UK and US regulators....


National Grid Profit Rises as U.K. Growth Offsets U.S. Costs (1)

National Grid Plc (NG/), the operator of energy networks in the U.K. and North America, said fiscal full-year earnings rose 6 percent as growth in its British business countered costs from a hurricane that hit the U.S. in October.

Deutsche Bank Sell 830.25 600.00 600.00 Retains

Morgan Stanley Overweight 830.25 880.00 880.00 Reiterates

Back on the rise. Looks like Morgan Stanley has it over on Deutsche Bank - thankfully.