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

Well no surge in SP for NG. this pre-divi then.

Interesting to read a 'view from over there' take on things :- Why National Grid's 5.6% Yield Isn't Worth The Risk

Yes and interesting possible scenario Skinny, but the Grid are a monopoly so not to worried myself but worth keeping an eye on all the same. Successive irresponsible Governments have ducked their responsibility on the question of power supply over years as we know, seems to be a too hot potato for them.

Take your pick.

Deutsche Bank Sell 753.25 749.00 660.00 660.00 Retains

Morgan Stanley Overweight 753.25 749.00 880.00 880.00 Reiterates

IMS for the period 1 April 2013 to 28 July 2013

HIGHLIGHTS

· Solid operational and financial performance during the period
· UK: Good progress developing UK business to deliver outperformance under RIIO
· US: Positive start to the year with all outstanding rate plan settlements now approved

Morgan Stanley Overweight 760.50 760.50 880.00 880.00 Reiterates

National Grid plc - Special Call

Citigroup Neutral 777.75 820.00 820.00 Retains

HSBC Overweight 777.75 875.00 885.00 Reiterates

JP Morgan Cazenove Neutral 777.75 735.00 - Reiterates

Bank of America Merrill Lynch Buy 777.75 800.00 800.00 Reiterates

Morgan Stanley Overweight 777.75 880.00 880.00 Reiterates

RBC Capital Markets Outperform 775.00 771.50 900.00 900.00 Reiterates

National Grid: Boring But Safe 5.5% Yield

Galvan Research Buy 750.50 800.00 800.00 Reiterates

This is my core long term holding and has been so for a while. Boring yes, reliable dividend payer is what`s important to me.

Morgan Stanley Overweight 739.25 737.00 880.00 880.00 Reiterates

Goldman Sachs Sell 739.25 737.00 692.00 695.00 Reiterates

General market apart, the chart looks rather bullish.

We got caught with a bit of the fallout from Mr Millibean's tirade against energy producers by the looks of things. I see this as a temporary blip that should sort itself out very quickly. A trading opportunity, I reckon.

A blip assuming Ed & his cronies don't win the next election! ;o)

Mandelson raises doubts over Labour energy bill freeze

Lord Mandelson has raised doubts about Labour's plan to freeze energy bills, suggesting people may think it is going "backwards" in its industrial policy.

The former business secretary said he believed the party had moved on from the days of having to choose "between state control and laissez-faire".

A view from over there :- 3 High Yielding, Undervalued Utilities, Part I: National Grid

Hi SK
Thought that was a good article from Seeking Alpha. I keep a few in my mother's portfolio as it is a steady yielder and at the right level. One to pay the housekeeping...

Half year report for 6 months ended 30 Sept 2013

Solid first half performance: National Grid on track for good full year result
· UK: delivering good incentive performance under the new RIIO price controls
· US: new rates in place; investing in enhanced capabilities to drive further improvements
· Operating profit1 1% lower2 at £1,572m, (3% lower at constant currency3 excluding the impact of timing4) reflecting the expected end of Niagara Mohawk deferral income recoveries and higher US system implementation costs
· Profit before tax1 £979m, 7% lower reflecting the temporary additional cost of pre-financing asset growth at attractive interest rates
· Earnings per share1 1% lower5 at 20.4p, (down 3% excluding the impact of timing)
· Interim dividend of 14.49p per share as announced in March 2013
· No interim scrip dividend option given high level of take-up on August dividend payment

Maintaining outlook for operating performance, asset growth and earnings
· 2013/14 capital expenditure of around £3.5bn, net of efficiency savings, expected to drive regulated asset growth of around 6%
· Overall performance in the first six months consistent with Group expectations for the full year