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?

Acting as it should today, Defensive.

Toying with 6 quid again.

Ofgem E-Serve said Thursday that it has a short list of four bidders competing to own and run links to a further three offshore wind farms, and said the shortlisted bidders for the second tender round are competing to own and run connections to the Gwynt y Mor, Lincs and London Array, phase 1 offshore wind projects.

MAIN FACTS:

-The first round resulted in estimated savings of GBP350 million for offshore wind farms and ultimately consumers.

-The following bidders have been shortlisted for all three projects in the second tender round:

-*Balfour Beatty Equitix consortium, a consortium of Balfour Beatty Capital Ltd and Equitix Ltd

-*Blue Transmission, a consortium of Macquarie Capital Group Ltd, Barclays Infrastructure Funds Management Ltd and Mitsubishi Corporation

-*National Grid Offshore Ltd

-*Transmission Capital Partners, a consortium of Transmission Capital Partners Ltd and International Public Partnerships Ltd

-The shortlisted companies are bidding to become Offshore Transmission Owners or OFTOs which will take over ownership of the links and receive a stable, regulated income for 20 years.

-Ofgem expects to announce the preferred bidders for the Lincs and London Array phase 1 projects in autumn 2011.

-The preferred bidder for Gwynt y Mor will be selected later than the bidders for the other two projects, as construction is not as far advanced.

-Tenders for a further three projects in a follow up stage Tranche B to the second tender round - Humber Gateway, West of Duddon Sands and Race Bank - are expected to start next spring.

-In total these six projects represent around GBP2 billion of offshore transmission links connecting some 2.8 GW of offshore wind.

NG - has now almost recovered the pre rights issue price and looks to be breaking out.

Go on my son up up and away.

Finals tomorrow - still yielding 6.2%

Looking good. Also Booker finals.

Preliminary Results.

Results for the year ended 31 March 2011

HIGHLIGHTS

Solid performance in 2010/11

-- Pre-tax profit1 up 25% and earnings per share(1) up 4%2

-- Good financial and operating performance

-- continued strong UK returns

-- US return up 130bps to 8.2% with actions underway for further improvement

-- Benefits from timing in year contributed approximately 5p/share

-- Operating cash flow3 up 12% at GBP4.7bn

Investing in growth and improving long-term returns

-- Strong balance sheet capacity for planned investment

-- Net debt of GBP18.7bn after GBP3.2bn rights issue in June 2010

-- Record capital investment(4 ) in 2010/11 of GBP3.6bn, up GBP265m

-- Expected investment of around GBP19bn in four years to end March 2015

-- Progress with US business improvement

-- Revenue decoupling and cost trackers implemented in the majority of businesses, though a disappointing revenue outcome from the Niagara Mohawk electric rate case

-- US restructuring and cost reduction programme progressing well

-- Divestment of New Hampshire businesses on track for completion in second half of 2011/12

Positive outlook for 2011/12 - focus on improving returns and efficiency

-- Benefits from US restructuring, rate case reviews and investment

-- Delivering value from increased investment in UK regulated assets.

Dividend 36.37p +8%.

Looking good skinny thanks for post.

.

NG off to the races - ex dividend on 1st June.

I'm tempted to sell some of these ahead of tomorrow's ex divi. Hmmm.

Same argument/predicament on the VOD thread, but some say there will be a trading bounce in the afternoon to take advantage of the divi/sp drop. Tricky, imo.

Harry - I have seen the statement of fact on there :-)

In the end, I held here. I placed a few limit orders in the 590's - none of which have been filled!

Bit of a scary correction there, skinny! Divi + a bit more? Chart still looking good though med term.

Harry dividend is 23.47p - four figures for me which is nice.

FTSE dragging everything down.

Shorters will have the FTSE again today