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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

Comment by TFIon Feb 28, 2013 9:14am
140 Views
Post# 21054310

RE: Be Careful out there...

RE: Be Careful out there...

The only problem is that they could and almost did run out of money.  It is good to hear they are getting along with landowners and having reserves is great but it does not mean much if you can't get the gold out of the ground.  This is a risky one but it could pay off big if things go according to plan.  Problem is that nothing has gone according to plan for this company in the last 3 years or so.

TFI

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