Hydrogen Economy
17 May 2018
Results Look solid,Revenue PBT in line, net income and EPS of 101p well ahead due to exceptional US tax reduction. Adjusted EPS 60.4p still ahead of forecasts.FY dps 45.93p in lineoutlook positive ~7% growth, price rises agreed in several US unitsThe results are however only one part of the story, the political risk will no doubt dog the SP for a while yet.H2
deepsleeves
15 May 2018
Re: Is good news on the way MarktimeWorse places to be overweight. Enjoy the dividendDeep
marktime1231
15 May 2018
Re: cor blimey and another bite at 839p, having a severe bout of Trading Tuesday -itis.No more.
marktime1231
15 May 2018
Re: Is good news on the way Gulp well I hope so, having trimmed oil stocks I added more tranches today at 842-843p, now overweight to the point of obese, banking on a 30p dividend and hoping for no bad news to shock the sp.
marktime1231
10 May 2018
Is good news on the way the market has been savage on recent company results, even quite good ones. Are we expecting anything more than steady progress and a 30p divi? As you quite rightly say we need to hear how NG's claimed focus on higher growth areas is going.That said NG was considerably over-sold on peak Corbyn, and has not yet recovered fair value which is and in my mind always has been around 930p. Could this be a case of reasonable results releasing momentum in the upswing? The background of reduced UK interest rate outlook and firmer USD helping things along.Actually I have no idea what is coming up nor where NG is going, stuck in an overweight position but holding on.
Hydrogen Economy
10 May 2018
Re: Questor Buy Sorry posted too soon wrong button!On the dip- the recent rise has been cycling within a band and showing signs of dipping, it dropped to 824 and bounced. I bought a few more at 830p as I think this represents good value and will recover, the results on 17th could be a trigger. (IMB had a tremendous day yesterday in response to pretty poor numbers and a few hopes on new products, the market must have been expecting much worse) Political risks remain with NG, but I don't know any risk free investments paying over 5% and likely to give good capital gain in next 12 months. I've ridden several cycles on NG over many years, it isn't get rich quick but buying around the lows and selling into the rise has worked OK for me.
Hydrogen Economy
10 May 2018
Re: Questor Buy Fair comment Jack, I posted it because it was relevant and gave a basis for their view, some of which I would agree with, some as Hardboy points out looks less well founded. I didn't see such doubts about Questor expressed in the piece on SMT you posted on Sunday but then I have also knocked the column in the past and neglect to do so every time. On the price dip-
Hardboy
09 May 2018
Re: Questor Buy H2, thanks for the post. "-the downside seems limited even in the worst case of nationalisation " I'm not sure that is quite true. McDonnell's idea is to grab ownership & give the shareholders government bonds, which may be worth significantly less than the current share price and yield less than the current shares. Though how that works with the American Business I don't know.And may I be pedantic and insert a phrase in one of your last bullet points: "Will benefit from the rise of" - BATTERY POWERED - "electric vehicles"Fuel Cells may yet overtake them, though they are way behind at the moment.
FRTEB
09 May 2018
Re: Questor Buy " Perhaps the days when the views of Questor were read as a guide to investment strategy by many are almost at an end. " With the world at one's fingertips most savvy investors are now more than capable of doing their own research - the internet is a wonderful thing. Well, apart from WasteYourLifeBook but that's another story. The likes of Questor and the Motley Fool, et al, are just distractions. Questor I put in the same bracket as Goldman Sachs - whatever they say, do the opposite. The Motley Doofus provides a regular chuckle but since when did anyone regard their articles as investment advice? The clue is in the name people!!!
trader jack
09 May 2018
Re: Questor Buy I am starting to think that many of use who have read Questor over the years are less than impressed given the fall in the SP since the write up on NG appeared in yesterday's Torygraph.I have noticed that those who write under Questor are either employed elsewehere in the finance industry (the author of this piece is employed at A.J. Bell) or a scribbler employed by the Torygraph and whose job it is to "advertise" the wishes e.g. buy / sell of some investment house.Perhaps the days when the views of Questor were read as a guide to investment strategy by many are almost at an end. Personally, I no longer look forward to the days when Questor has an article on any stock that I own.Kind regardsTJ
Hydrogen Economy
09 May 2018
Questor Buy Many on this BB are ahead of this. FY results out on 17th, it would be good to hear more about the higher growth areas which were to be investment focus after disposal of the Gas Transmission business. Mr. Corbyn is hardly encouraging investment in the UK business.H2Questor: few assets are more unloved than UK utilities, so now’s the time to buy National Grid[link] ML survey of fund managers finds British stocks least popular assets with professional investors at the moment. An asset that is unloved can also be undervalued.Utilities are unloved - perceived political risk, tighter regulation by the current regime and preference for growth stocks.-40pc of Grid’s assets are in the US (so their value rises as the pound falls)-it offers a fat yield, and comes with a price tag that appeals relative to both its American peers and the “regulatory” value of its assets in Britain-the downside seems limited even in the worst case of nationalisation some time in the next decade.-The shares stand at a four-month high and there could be more to come-Agreement to sell its remaining 25pc stake in Cadent, the British gas distributor, for £1.2bn higher than some analysts had been expecting. Plans to refocus its portfolio on higher-growth assets .-regulatory approval in upstate New York to increase residents’ electricity and gas bills by 2pc to 4pc over the next three years. This could pave the way for clearance across other parts of its US network.-Will benefit from the rise of electric vehicles Results due on Thursday next week ... so now looks like a good time to top up. Questor says: bu
marktime1231
06 Apr 2018
Topped up on NG today, just to show you can buy on the way up as well.
FRTEB
29 Mar 2018
Re: Sentiment shift? " Corbyn fears receding " Yes, for now. But there's a long time to go before the next election (probably) and anything could happen before then. Also remember that share prices don't usually go straight up or down, so I see this as a bounce, that's all, at present. The underlying concerns are still simmering away in the background. I was previously a long term investor in NG but until the outcome of the next election is known there is too much risk here IMO and better opportunities elsewhere. If you're going to invest in NG, or remain invested, at least make sure you're doing it with your eyes open.
Akis1999
29 Mar 2018
Re: Share buybacks! Because it is not enough (obviously). This money would be much better used in the business or if the directors can see no use, then paid out as dividends. As it is it simply gets lost in the vast market.
Lupo di mare
28 Mar 2018
Re: Sentiment shift? Ditto - I'd say that utilities have been given a kicking purely because of the JC nationalisation threat, and now that he's been on the back foot owing to his deselection habits, and now his obfuscation over anti-zio nism, coupled with TM riding high, the results are there for all to see.
