British Energy Share Discussion Threads

[grippa] 13/12/2005 15:54

Good day today...We should be back over £5 pretty soon. IMHO

[grippa] 08/12/2005 09:30

Interesting to see that Deutsche Bank have increased their holdings again...

[stoic warrior] 08/12/2005 05:35

FWIW, Societe Generale has, on 7 Dec, rated BGY as a Sell.

[karateboy] 04/12/2005 17:56

There is no Assets in the US or Canada. Government forced BE to sell them and pay government debts. Disgraceful.

[hightech] 04/12/2005 15:07

Thanks pc4900074200,
The cost of 10 nuclear power stations is around £12bln and there is no shortage of money.... BGY has quite a bit already... I think the share price is tooooo cheap.
What about their assets in the US and Canada!!

[mr.oz] 28/11/2005 19:27

British Energy Group PLC
Daily Commentary


Our system posted a BUY-IF today. The previous SELL recommendation that was confirmed was made on 24.11.2005 (4) days ago, when the stock price was 498.0000. Since then bgy has fallen -5.62% .

Is this finally a good time to buy? Well, it depends. First check what happened at after hours trading and future values. Then, follow the next session very carefully and be on your toes. This candlestick pattern is a bullish one, but we have to see whether it will be confirmed or not.

Do you see a gap-up at the market open? Do you see a white candlestick forming with a higher close at the session's end? Shortly, is it a nice bullish day? If so, place your buy orders and open new long positions. The market is now on the bull side.

But, be careful, also. If you see a gap-down when the market opens, or if the session closes with a bearish sentiment producing a black candlestick characterized by a lower close, do not challenge the market. Ignore the BUY-IF alert. Cancel the buy orders and cover any new long positions that you might have opened. Bears are still in control.

[carer] 28/11/2005 16:04

people seem to chase the news headlines rather than analysing the fundamentals of this company.It will be paying its liability for years to come, plus all these unplanned outage of reactors. Even though the government gives the go ahead for new reactors, they will take many years to recoup the investment. I would avoid this share at all cost.

[owston] 28/11/2005 10:23

For those callculating huge profits they seem to easily gloss over a few fundamentals.

Firstly BGY contracts a substantial portion forward at lower prices of about $28/MWH but has to pay huge penalties if it fails to deliver, therefore they lose the revenue and pay massive balancing charges.

Secondly, those calculating the valve neglect to put in any costs, these are substantial and growing rapidly to cover 10 years of under investment.

[mr.oz] 27/11/2005 14:27

Nuclear debate will not go away in a hurry - must still be a buy IMO
We'll see lots more hype around this for a while yet




The dawn of a new nuclear era
Tom McGhie, Mail on Sunday
27 November 2005
TONY Blair will launch Britain into a new nuclear age this week in an attempt to tackle soaring gas and electricity charges. The Prime Minister will tell business leaders on Tuesday that nuclear power is vital as part of a balanced energy policy.

[mr.oz] 26/11/2005 18:31

UK is threatened with an 'energy timebomb'

Prime Minister Tony Blair will outline his government's planned review at the Confederation of British Industry's (CBI's) annual conference on Tuesday and is expected to raise the prospect of building new nuclear power stations to bridge the country's looming energy gap
New nuclear power stations could replace British Energy's second-generation reactors, which are scheduled to leave service in the coming decade. If they are not replaced, Britain could have to decide between running out of power or generating more carbon dioxide. The government will have to convince the public that atomic energy is safe, however; next year is the 20th anniversary of the Chernobyl disaster in the Ukraine.

[huwrayhenry] 26/11/2005 11:07

->profit warnings come in threes!!

[hightech] 25/11/2005 17:12

ADRIAN MONTAGUE added at 493p though..
1 terawatt = 1,000,000 megawatt
61 TWh x £100/MWh = £6,100,000,000 = £6100 M is good....
Am I missing something?

[splodley] 25/11/2005 16:15

Sold mine at 517 p on Wednesday but I couldn't sell my warrants without signing a disclaimer form which I'm still waiting for.

[mr.oz] 25/11/2005 15:56

What an opp for those missed most recent rises ! - IMHO

[darkside] 25/11/2005 15:37

wonder what brought that on?

[splodley] 25/11/2005 15:35

The report of recent unplanned outages will have cost BGY a lot with market prices at over £100/MWh during the current cold spell.

[mr.oz] 25/11/2005 12:10

BRITISH ENERGY SHARES CHARGE UP TO A RECORD


The Evening Standard (London) MARKET REPORT BY MICKEY CLARK British Energy is no dud when it comes to its shares lighting up the leaderboard these days. They were in impressive form again today, climbing 14p to a record 513p as brokers began tipping them as a chart breakout. Next stop 600p, went up the cry. The price has now come up from about 249p since the start of the year. It followed the group's billion-pound refinancing programme, which dragged it back from the brink. This had been necessitated by falling wholesale electricity prices but they have now bounced back.

[hightech] 25/11/2005 08:23

to find 1% for Barcley's the price had to go to 520p. Another 1% can push it to 550p imo.

[corski] 22/11/2005 15:51

HighTech a lot of interest and £5-00 now

[corski] 22/11/2005 13:35

1006 GMT [Dow Jones] Collins Stewart reiterates "strong" buy rating on
British Energy (BGY.LN). Notes renewed government commitment to substantial
investment in nuclear power. Currently has a "conservative" 600p price target,
but believes it will go higher than this "in good time." Also points out that
energy prices are inextricably linked to gas/electricity prices, thus not a bad
market. Shares +0.8% at 488.5p. (PBA)



(END) Dow Jones Newswires

22-11-05 1006GMT

[stonec10] 21/11/2005 10:20

I'm surprised that you think there is a lack of interest in these shares, given the daily trading volumes!

[hightech] 20/11/2005 11:32

I'm surprised by the lack of interest in this share. I was expecting above £5 by now.

[grippa] 17/11/2005 18:03

There were a couple of huge sells just before the close...i think you are right Carer, might be time to follow the big guys and sell which I have done at £4.8425, will hopefully buy back at a lower price...or if it breaks resistance close to £5. Good luck.

[carer] 17/11/2005 12:53

both deutch bank and goldmans are reducing thier holdings in the last few days. they have mad massive profits out of BGY share. The chart does show it will go down a bit soon. watch out and sell if you are in profit. follow the big boys!!