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

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

Can't go wrong with these.

Hardly any SP change today so far.

It has had a 24p range.

HL take

24p eh, Thats very reasonable isn't it.

If you are trading 100,000 shares :-)

Yep, 3% very nice.

I wish :-)

Yeah, That would be nice wouldn't it -):

National Grid Management Discusses H1 2014 Results - Earnings Call Transcript

National Grid PLC [NG.] Ex-divi wed 4th Dec (14.49 p)