British Energy Share Discussion Threads

[speedy] 25/9/2008 08:29

harkishan - link?

[harkishan] 24/9/2008 21:26

I know its a bit too soon but has anyone looked into the merits of going for the partial and additional notes options? If anyone is interested there are some detailed slides and documents on the BE site.

[sat69] 24/9/2008 17:53

This thread will soon be closing down. Last man out please switch the lights off - we mustn't waste our new found friend's nuclear energy!! :-)

[bobp] 24/9/2008 17:32

Cheers all, unless something 'Julyish' happens I'm out of this stock now having sold at 770p ( I'll give them the 4p )

See you on other boards perhaps.
BP

[sat69] 24/9/2008 17:09

MMx - Glad you closed your short just in time!

[pb10] 24/9/2008 16:30

Still too cheap 14 quid nearer the mark. ;and in the hands of a foreign power too!! What currency are they paying with, Euros? I want it in gold!

[pc4900074200] 24/9/2008 10:30

Nice 450% profit for me.

:-]

pc

[mmx trader] 24/9/2008 10:12

good call holders

[speedy] 24/9/2008 09:22

Has anyone looked at the 700p option? Has it even been published?

[t1lal] 24/9/2008 08:31

Can somebody tell me what will happen with my BE warrants.

Should I convert them into shares or will i get the same amount for them taking into account the conversion price.

Thanks in advance.

[bobp] 24/9/2008 08:30

Out! Yahoo !

[bobp] 23/9/2008 21:46

'' Under the terms of the deal, shareholders will be offered two options: either 774p cash per share or 700p per share plus a newly formed "contingent value right" (CVR) which allows them to participate in any upside through the rising value of the new company.

The Government has opted for the first option and is simply selling its 35pc stake, raising £4.3bn for the public purse ''

Thats more like it!

[bobp] 23/9/2008 21:38

don't know, just hope this CVR gimmick doesn't mess things up

[manrobert] 23/9/2008 21:00

seems to be widely known its 774.Channel 4 city page shows it as headline news and quotes 774.wonder what price they will b quoted at after formal announcement.maybe 750.any views?

[bobp] 23/9/2008 18:34

I hope the analyst 'informant' got it right at 774p or 770 plus cvr, and not 774p or 700 plus cvr which is what I think has kept the share price down...

[manrobert] 23/9/2008 16:38

is that a hope?774p seems to have been mentioned in several paper stories.

[rat attack] 23/9/2008 16:33

Potential deal at either 774 or 770 + CVR.

[manrobert] 23/9/2008 15:57

that sounds a pretty positive statement re board meeting.

[a2584728] 23/9/2008 08:44

Just added a few more, should be out by the end of the week.

[bobp] 22/9/2008 22:20

Something odd going on. Bags of news claiming 774p yet not reflected in the price..

mmx, well done. A quid in the hand is better than two in someone elses ( just made that up! )

We'll find out tomorrow whats going to happen, runes have it that it may be announced at the Labour party conference?

[a2584728] 22/9/2008 11:09

If this was about to be done why does the market not think so, the markey usually know's.

Interesting though.

[mmx trader] 22/9/2008 10:09

bobp - I'm out with a small profit.
not gone long though, still not confident about this "Deal" and current market conditions.

wish you all good fortune and luck

[manrobert] 22/9/2008 08:13

pretty hopeless on selftrade this morning they are not accepting any calls to dealers and you can only buy blind.