British Energy Share Discussion Threads

[hightech] 05/6/2007 12:39

What is its rank after the sale?

[astol] 05/6/2007 11:55

British Energy 544-3/4 up 7-3/4
FTSE 100 promotion hopes

[v01101999] 05/6/2007 11:13

look at both bid and offer.

BGYW - 430/445
BGY - 542.75/543

So you cannot sell it easily without losing money and not to mention the loss of dividends. 5 p gain

[hightech] 05/6/2007 08:45

bgyw is 5p cheaper than bgy

[bgyered] 01/6/2007 23:12

Re: warrants - no dividend on warrants, so if you're holding BGYW, IMHO now must a good time to exercise them before BGY goes ex-divi. If they manage 38p divi this year, that's a nice 40% discount on the cost of exercising the warrants. Now that BGY is moving back into profit/divi payment, the cash sweep reduction should help future dividends so making it more worthwhile to hold the shares rather than the warrants. Anybody know when BGY goes ex-divi?

This is just my personal opinion not advice - as ever do your own research!

[partimetrader] 01/6/2007 13:24

Hambledon Mining Plc

Hambledon Mining Plc is an AIM listed gold company working in the mineral-rich Altai region of East Kazakhstan.
Hambledon owns 100% of TOO Sekisovskoye which holds two adjacent licence areas, Sekisovskoye and Tserkovka, with gold resources totalling 3.4 million ounces.

TOO Sekisovskoye has been informed that it will be awarded two more adjacent
territories known as Glinka and Krugliachka.
At Sekisovskoye, mining operations commenced in June 2006. Until the start up of the processing plant, mining is focussed on pre-stripping so that waste material can be used for the construction of the tailings dam and other facilities. Ore is being stockpiled.

TOO Altai Kenbai-itu, also 100% owned by Hambledon, is constructing a 850,000 tpy treatment plant at the Sekisovskoye site, which is expected to start up in the
first half of 2007. This plant will be capable of treating both open pit ore and
underground ore when this becomes available.
Initial production from open pit will be around 40,000 ounces per year, rising to over 100,000 ounces as underground ore is substituted. Further expansions are likely as exploration of extensions to Sekisovskoye bring the inferred resources into the indicated category and following exploration of the newly acquired territories.
http://www.hambledon-mining.com/

[astol] 01/6/2007 12:17

Hitech i bought at 597p before the blessed placing!

[hightech] 01/6/2007 11:50

PE is about 6.5 now and, given the recent results, forward PE is much lower.
Am I wrong?
I bought at 598 and expect £10 in a year.

[astol] 01/6/2007 09:28

Placing sorted-results were good and now that plants operational here comes 600p!!!Shorters must close.

[astol] 01/6/2007 08:56

Maiseymouse thanks for this-if it reaches 600p I get my money back

[maiseymouse] 01/6/2007 08:33

see ubs is a fan

[astol] 01/6/2007 07:55

Now the sale has been sorted see a progressive climb back up to 560-570p by next week

[pc4900074200] 01/6/2007 07:50

Just a thought?

What will they be doing with the warrents they were issued with?

Would have thought it would be worth shelling-out the extra £00.98p
for each and then selling them on as well.

pc

[astol] 01/6/2007 06:58

Bang on 520p placement if only I could predict the lottery numbers!!

[astol] 31/5/2007 14:48

Just a hunch the shares have been placed circa 520p per share.Implying the bottom has been reached?

[astol] 31/5/2007 14:25

looks like it was the low

[astol] 31/5/2007 14:06

There we go a 7p bounce off todays low of 517p well hope that was the low!!!

[astol] 31/5/2007 13:42

Well and truly stuffed having bought last week at 597p holding for now hoping for a bounce once the nuclear dust has settled

[v01101999] 31/5/2007 13:25

I would think selling govt stock is usually a good sign .. also the "cash sweep" element would reduce in coming years so that EPS should improve.

[hightech] 30/5/2007 13:50

This news was decided sometimes ago. They could find a buyer first and then inform the market. Those who knew are not the losers. Only the holders and tax payers are losing on that.

[grahamburn] 30/5/2007 13:45

ACORNOPTICAL

Read the statement from the DTI - book building with institutions between today and tomororow close of play.

[tommy25] 30/5/2007 13:39

isnt it good news, now e can talk about BE being a takeover target.

[acornoptical] 30/5/2007 13:31

will the gov sell the shares slowly or place them with various institutions?

[idle dreamer] 30/5/2007 12:20

Just bought in (in a small way), on the basis of results, lowish P/E, nuclear coming back into fashion, rising energy costs and potential to get back to previous highs around 750 (maybe better in the long term. Also had an email from SVS tipping it this am as a CFD trade. For once I was lucky - I bought in after the government announcement!