British Energy Share Discussion Threads

[spacemoggy] 21/11/2007 19:24

I'm watching this now very closely and would expect a bounce from the support line if it reaches it, a downward breach of that support line would be very negative, but it looks like a good buying opportunity might well be in the offing soon...Rick

[sat69] 21/11/2007 18:59

Sounds like you have a position here Scrib?

[scribbler101] 21/11/2007 18:29

RichB - No, I don't think it's "designed" to give that message.

B...dy government more concerned with pointless security measures and health messages etc than with securing energy supplies.

[sat69] 21/11/2007 18:07

Looks like we could be heading back to the 400p level.

[richardbroughton] 21/11/2007 16:54

Is it possible that these problems with output are designed to let the Gov't, Gen Public, Greenpeace, Dept of Energy, Uncle Tom Cobley and all, know that the old stations are knackered and that to ensure security of supply we had better get our asses into gear re new build PDQ?

[speedy] 13/11/2007 19:56

It seems possible that final year income figure may turn out not very different
from last years if I read what was said in the interim report correctly.

Looking at the figures slightly differently and taking the income attributable
to shareholders as the earnings, the p/e ratio looks close to 10. The question then is, will the generators run for another 10 years? Thoughts anyone?

[scribbler101] 13/11/2007 14:59

quiet here innit?

[tilmanstone] 09/11/2007 13:59

They update on Tuesday don't they: Should be interesting at the very least...

[mdin79] 09/11/2007 12:44

Goldman Sachs buy note tilman - i remain sceptical & see this trading in £4 arena soon.

[tilmanstone] 09/11/2007 08:08

That was a fine opening this morning: anybody know why?

[bgyered] 07/11/2007 22:15

Have you noticed Brown has almost nothing to say about the existing UK nuclear generators as regards new nuclear build? At the moment British Energy is expressly forbidden to build any new capacity anyway thanks to the European Competition Commission's conditions in the "restructuring" agreement. Any new build will be based on foreign reactor technology where British Energy has neither build nor operational experience (we sold it all off recently to help fill Gordon's coffers). In fact, the only aces British Energy holds are the existing station sites - and these could no doubt be "compulsorily purchased" in the national interest at 5% of their value (just like the shares were remember).

Far from a no-brainer. I imagine Brown's ideal solution will be his usual off-the-books PFI deal where some vast Euro-consortium (with a token British representative of course) will slam in a packaged build-operate-guaranteed-profits deal, leaving us willing tax payers and electricity consumers to pay through the nose for decades to come. The new operators won't touch our clapped-out AGR fleet, so the future role of the British Energy seems likely to be that of an ageing caretaker quietly dusting off its reactors as one by one, they all go out.

[sat69] 07/11/2007 07:51

...and with oil reaching $100pb (and only in finite supply), they will need nuclear for a cheaper, cleaner alternative.

[tilmanstone] 07/11/2007 07:35

The annoying thing is that long term I think this is a no-brainer. Demand for nuclear is only going to increase IMO so this should be one to tuck away and hold, but announcements like last nights don't help...

[sat69] 07/11/2007 07:02

Yep - Expect a large drop today I'm afraid.

[tilmanstone] 06/11/2007 22:58

Thats not a clever post market announcement... Will be down in the morning me thinks...

[mdin79] 05/11/2007 13:19

Looks like another revisit of £4.50 is on the cards.

[sat69] 30/10/2007 20:56

Buying time, but the general trend still appears to be down.

[mirex] 22/10/2007 16:15

There you go, back up to about 530p, think of it as a chance to top up! :o)

[pc4900074200] 22/10/2007 14:12

Hope so, has removed in one go the slow but
steady gains from the last 2.5 months.

pc

:-[

[mirex] 22/10/2007 13:20

Bad news on the reactors, especially close to the November results but from the inside perspective, complicatiions with the reactors shoudl be planned meticulously and the other reactors shutting down is VERY conservative so shoudl be resolved quickly. Allong with a terrible FTSE and US day, this should bounce back to £6 quickly on some good news, hopefully at the Nov'07 H1 results!

[webby] 17/10/2007 17:10

Getting close to your 590 Moggy. I'm Holding with a trailing stop loss

[spacemoggy] 04/10/2007 08:27

Tipped in Shares mag today...near term rise to 590p...Rick

[webby] 04/10/2007 08:21

Money week and fleet street letter give a price target of £8 in 2008. Now that would be nice

[atomik] 04/10/2007 00:02

£6 + here we come

[webby] 01/10/2007 20:21

Read a report from moneyweek and fleet street letter today. It said that on 10 October the Governement is going to aprove the building of up to 14 new nuclear power stations. Some on existing sites and some at new sites. They tip LSE:BGY,TSX:CCO & LSE:NU.