British Energy Share Discussion Threads

[hiram abiff] 14/5/2007 10:32

..........I think that the only way is UP for BGY (certainly if Oil remains above $60 pb). - Now that it is bringing its repaired reactors back online maybe in the next few weeks, then more generating power = more revenue. Also resulting in greater confidence in the company after the share price nadir during the recent repair period. Once all back online I see the share price rising (with oil price @$60 pb), to around £7+. However, needs to close above the £5.8 resistance level first, before next major share price hike northwards.

British Energy Group PLC
11 May 2007

11 May 2007

British Energy Group plc

British Energy receives permission from Nuclear Installations Inspectorate (NII)
to restart Hinkley Point B unit



British Energy Group plc ('the Company') confirms that it has today received
permission from the NII to restart Reactor 4 at Hinkley Point B Nuclear Power
Station.

The Company expects to receive permission from the NII to restart the second
unit at Hinkley Point B and two units at Hunterston B in sequence, as
anticipated, over the next few weeks.

These four units had been shutdown to allow for inspection, repair and the
preparation of safety cases related to boiler tube cracking issues.

Contacts:
Andrew Dowler 020 7831 3113 (Media Enquiries)
Andrew Page 020 7266 8397 (Investor Relations)

[pc4900074200] 14/5/2007 10:15

The Scotsman. 14th May 2007.



Nuclear groups wooing Centrica.

NUCLEAR power group British Energy (BE) and French utility EDF are trying to interest Scottish Gas-owner Centrica to join them in building a possible new nuclear plant in the UK, industry sources said yesterday.

However, they said Centrica is more likely to agree to be a buyer of nuclear power than to become an equity partner in a new plant.

"EDF and BE would like to spread the risk," one insider said.

EDF's UK unit, EDF Energy, and BE have said they would be interested in building nuclear plants in Britain if the government gives the green light.

Earlier this year, BE invited companies to talk about partnering in building new nuclear stations.

A BE spokesman said yesterday that the group had received "a lot of interest" in response to its invitation. However, BE, Centrica and EDF all declined to confirm whether there had been any talks on building another nuclear plant.

This article:

pc

[scania320] 11/5/2007 17:47

off on my long holiday rest of plants to start
by 22 may .good luck investors/speculators.
our job done.

[banjo1] 09/5/2007 06:47

Charles Stanley's enthusiasm for British Energy has been fired up by the new focus on reducing losses. It anticipates that the company should be able to cut unplanned losses to around 5% in the next 12 to 24 months. It says increasing awareness that the UK faces an energy deficit beyond 2010 should further boost shares.

[hiram abiff] 03/5/2007 13:55

..............seems like onward and upward for BGY. No bombshells in the presentation or any possibility of reduced generating power in the mediumterm future.

Perhaps it was a way that the company could put over to the investors that - "hey we're back - all is ok".

I would not read too much into the presentation - just confidence for the big investors. Still think the share price is undervalued c/w generating capability and current price of oil / gas etc.

Just my thoughts.

HAb

[yogaboy] 03/5/2007 13:39

Bonzophil - not really, no. It's not the first time the company has made an investor presentation. The presentation itself was positive, but lacklustre, IMO, and there was no real wow! announcement in it. Slow and steady seemed to be the message, hence the fall back of the share price once the talk was done. FWIW I sold at 575 as the Q&A were finishing.

[bonzophil] 03/5/2007 11:19

Anyone else think that this presentation could be the start of the Government preparing to offload their shares?
They postponed plans following the shutdowns, and may well want to offload before anything else happens.

[yogaboy] 03/5/2007 08:27

Don't miss out on the Investor Presentation this morning at 10.15.

Follow the link on the company website and see the webcast.

[sat69] 03/5/2007 08:14

Chris - You'll regret it more if you didn't sell and they dived!

[chrisanderton] 03/5/2007 08:11

when's the special divi due/announced..

i'm really tempted to sell, as i bought at the 400p dip a couple of weeks back so am nicely in profit.. if only i'd whacked more cash in.

this is the point in time i really should be selling, but i'm sure i'll get greedy as usual and regret it..

[jonak] 02/5/2007 21:20

the life extension review will be interesting....

[scania320] 02/5/2007 13:55

3 reasons to fill your boots
1. back to full power shortly
2. special divi coming up
3.new plants in partnership with power suppliers.

just bought 10k.good luck holders.

[chrisanderton] 02/5/2007 08:49

i'm tempted to cash in..

[astol] 02/5/2007 08:24

Ground control to Major STAN hope you closed the short and bought long????

[chrisanderton] 01/5/2007 17:08

groove on..

[bonzophil] 01/5/2007 15:23

The safety review seemed quite positive, and if Hunterston B and Hinkley Point B come on line in the next few weeks, it will surely see the price close to, if not above 600p. There is also the prospect that the other stations that were put back on line at 70% output, could be ramped up to pre-shut down levels.

[ajmace] 01/5/2007 15:14

This is a sure-fire riser from today. There was even talk today on the TV of a special dividend payment to take account of the high price of energy.

[stannardin] 01/5/2007 14:31

I'm OK - you reckon it will rise further now? Perhaps it is time to buy and try and catch the upside!

[jezboy1] 01/5/2007 14:11

stan.... stan.... STAN.... YOU OK STAN?

[astol] 01/5/2007 14:06

scania320 good advice.
More upside sure to come this week post the news today.

[scania320] 01/5/2007 14:03

close it stan

[stannardin] 30/4/2007 11:17

I am short on this stock at the moment and think that it will fall to £5 at least. The market is up 50 as I write this and BGY is static.

[tommy25] 30/4/2007 07:15

delays again!!!this will fall surely?