Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

National Grid ADR repsg 5 Ord Shs V.NGG


Primary Symbol: NGG Alternate Symbol(s):  NGGTF

National Grid plc is a United Kingdom-based energy company. The Company's principal activities involve the transmission and distribution of electricity in Great Britain and of electricity and gas in the northeastern United States. Its segments include UK Electricity Transmission, UK Electricity Distribution, New England, New York and National Grid Ventures. The UK Electricity Transmission segment includes the high-voltage electricity transmission networks in England and Wales. The UK Electricity Distribution segment includes the electricity distribution networks of NGED in the East Midlands, West Midlands and Southwest of England and South Wales. The New England segment is engaged in gas distribution networks, electricity distribution networks, and high-voltage electricity transmission networks in New England. The New York segment is engaged in gas distribution networks, electricity distribution networks, and high-voltage electricity transmission networks in New York.


NYSE:NGG - Post by User

Comment by art27on Feb 27, 2009 10:05am
257 Views
Post# 15808017

RE: NGG is a steal at this price.

RE: NGG is a steal at this price.We shall see if it is a steal or no steal. My going concern for now is this:

Capitalization  
Shares outstanding at 20/11/2008: 156,242,480
Fully diluted at 20/11/2008 :
172,305,684
Authorized:
Unlimited


and the questionable management. What is better: a good and trusty management with average rocks ? Or bad management with great rocks ? I figure I'd go with better management over the quality of rocks as good management will always strike good deals, find a way, and bad management will make bad decisions and screw its shareholders. And the fact they are at 172mil OS proves they aren't very sensitive about their shareholders, and you are always risking a share rollback at some point if SP stays this low. So, kinda risky in here.

Art27
Bullboard Posts