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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

Post by David_Adellon Feb 26, 2010 5:50pm
430 Views
Post# 16825346

imuana property alone is worth alot!

imuana property alone is worth alot!    Am  I the only guy here who is weirded out that    Salinas and  Peter Munk   both have  huge stakes in the Company.  Its weird how this languished for years and now all of a sudden  we are flush  with cash  and  deep investor pockets.    This is what   I think.  If    capital is required to  convert from    vat processing to  a more conventional  form  at Sinuvit    I see Salinas  doing a loan  to NGG    at terms favorable to NGG.  Why would  he do that you  ask? Then  it appears that  there r   "good guys   "  here     to attract other  players.  Moreover,  if  Salinas lent  NGG       and was repaid   in production or cheap  interest  ,say  a 5 %  loan, the shares would  SOAR since no   dilution  would be necessary.  Since   Salinas owns owns about   35  million shares    who do you think would benefit the most from  adopting the "  good guy" approach  ?  Salinas  and every other shareholder.   Finally a win  win  here.   Gold   is  on the upswing . Thi is absolutely the best junior   company   with the most upside and minimal down side.  GLTA.
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