British Energy Share Discussion Threads

[sylvesterokojie111] 16/10/2006 12:40

BGY --------- hey hey where is flying to? Its not end of the world yet!!!!!!!!!
460p! What is going on? An hour is a really LONG TIME IN STOCK MARKET!!!!!!!!!!!!!!!1

[sahara] 12/10/2006 09:06

Looks like hinkley may be shut down after more cracks found.

S.

[audand] 06/10/2006 20:50

Sandbank
A long while after your post I know, but I think you are way off the mark.
I am a longish term holder of BGY but do not usually look at this thread.
Adrian Montague is a government lackey.
He was the guy gave most of BGY away.
The original small holders (ie employees with their pension funds and share holdings)were totally shafted.Bond holders took the cream and the govt. made sure assets were sold at a knockdown price to fulfill their political adgenda
The value of BGY bears no resemblance to what it should be now.
I have made a reasonable paper profit out of my dealings in BGY but they should have been higher.
As a largish shareholder I well remember being phoned by BGY on three occasions when they were trying to make sure the vote went their way.
This is not the safe share one would think it should be.
Not for widows and orphans

[quidzinn] 25/9/2006 15:27

Bought another 2k @ 551.4p in for the bounce - again ...

Q

[mohamedali_k] 20/9/2006 12:16

bought 0.5k at 575.05 - speculating an over sold situation

[quidzinn] 20/9/2006 09:04

Bought 2k @ 567.9p - in for the bounce

Q

[hightech] 20/9/2006 08:39

BGY made it clear that they won't build a new nuclear power. So the cost goes to the government and electricity price can only go higher.

[sandbank] 20/9/2006 06:57

Yes - you have to remember that the guy at the helm of BGY - Sir Adrian Montague - is a smooth-talking ex-Treasury insider who constructed the mind-bogglingly complex rescue plan that saved BGY. He finessed it through and turned the company around. He really has earned his knighthood and his CBE .I've seen him in action at BGY AGMs. He is a class-act.
The Government needs to have BGY's share price stable and at a reasonable level so it can dispose of its stake when the time comes.
As for the maintenance issues. Well they've been there all the time. If you run old power stations - like running old cars - you have to make sure they'll pass the equivalent of the nuclear MOT. I'm glad they're putting the equivalent of a new exhaust on these older stations - the UK can't manage without them. And where is about the only place they can built new stations? ....Why - where there's nuclear station already of course - and that means BGY will run them.

[farnesbarnes] 19/9/2006 18:32

This price target of 410 might be correct!

[quidzinn] 19/9/2006 14:57

In for the bounce - will buy 2k @ 580 ish

Q

[sandbank] 19/9/2006 14:42

I wouldn't get too worried about this. All it will do is highlight the case for pressing ahead with building new nuclear power stations as soon as possible. The fall is overdone

[bpoole] 19/9/2006 12:23

We have a malfunction Houston.

[hightech] 19/9/2006 09:39

This was said yesterday morning and repeated in the afternoon.

[choppa] 19/9/2006 08:12

British Energy sees further 2.0 TWh unplanned losses for delayed boiler service

LONDON (AFX) - British Energy Group PLC warned today that there will be
further delays to a return to service at Hunterston B and Hinkley Point B in
order to complete works to fix excessive tube cracking on boilers at the power
stations.
These problems are causing output reductions and the group also warned today
that these delays, together with other losses, are expected to give rise to
around 2.0 TWh of additional unplanned losses.
British Energy announced on Aug 16 that a boiler inspection of one unit at
Hunterston B indicated a level of boiler tube cracking above that expected and
that return to service would be delayed by around one month plus additional work
next financial year in order to undertake repair work to a number of boiler
tubes.
The work to Hunterston B is progressing, the company said today.
This will require the repair of a significant number of the defective tubes
during the current outage which may reduce available capacity with the remainder
being repaired during outages in the year ending March 2008 and possibly 2009.
The group cautioned that this may require further work and certain modifications
to the boilers.
The company believes there is not a similar degree of boiler tube cracking
at Hinkley Point B R3 as that at Hunterston B. However, with a statutory outage
at Hinkley Point B R3 already planned at the end of September, the company has
decided it would be prudent to bring this forward and commence inspections in
advance of its statutory outage planned for the end of September 2006.
The company continues to review the other unit at Hunterston B (Hunterston B
R4) and the other unit at Hinkley Point B (Hinkley Point B R4) and it said these
may also require further work and certain modifications to the boilers.

[e-mail]
slm

[alanatml2] 06/9/2006 12:40

BGY bounces around +/- 20p. Earnings seem positive and regenerative with good forward sales/prices. However with no Div to be paid the share price is blown about by other factors none more strong than the expected sale of the government's holdings to avoid complex conflicts of interests preceding new build nuclear reactors. Will the share price hold up with good interest in such a large share offer?
Politically some action has to be taken.

[wildchild] 30/8/2006 17:35

Up again. Been a lot of volume today, 7 million. Obviously been a bit of a seller recently but the buying of the last couple of days gives me confidence that theres more to come.

[wildchild] 29/8/2006 12:41

Wouldn't have thought so. Do think its been a bit oversold recently tho.

[hightech] 29/8/2006 12:31

Is it likely that they get involved in building Nuclear reactor for Iran?

[one for the money] 29/8/2006 12:16

A bounce to 750?

[wildchild] 29/8/2006 11:12

Anyone fancy this for a bit of a bounce?

[mednick] 18/8/2006 18:45

read these links:

[jezboy1] 18/8/2006 18:04

Latest brokers tip -

SG Cowen - Sell - New price target: 410 (surely some mistake????)

source, thisismoney.co.uk

[grippa] 18/8/2006 15:53

Chart not looking so great any longer!

[jezboy1] 18/8/2006 14:36

Agreed Santori -

I am waiting for this to finish getting a good kicking, then
might consider entry point....

anyone want to call the floor/support? (680, I suspect)

ALL IMHO, I will be honest, I have a short on this from 730,
so I am clearly biased - sorry longs.