Share Name Share Symbol Market Type Share ISIN Share Description
Drax Group LSE:DRX London Ordinary Share GB00B1VNSX38 ORD 11 16/29P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -3.60p -1.11% 320.50p 320.10p 321.00p 325.80p 318.70p 325.80p 724,846 16:35:23
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Electricity 2,949.8 197.1 48.0 6.7 1,303.48

Drax Share Discussion Threads

Showing 4151 to 4172 of 4175 messages
Chat Pages: 167  166  165  164  163  162  161  160  159  158  157  156  Older
DateSubjectAuthorDiscuss
28/7/2017
13:02
Could Drax benefit from the electric car revolution with the predicted increase in demand for power. (December 2016 article on Drax website so not independent comment) hTTps://www.drax.com/energy-policy/power-and-the-rise-of-electric-cars/ "Drax, as operator of the UK’s largest biomass power station and with plans for new, rapid response open cycle gas turbines (OCGTs), is well placed to be at the forefront of providing reliable, affordable power in the event of a widespread rollout of electric vehicles. The OCGTs in particular, are designed for use in peak times which, in the future, could be when the nation’s electric vehicles are plugged in overnight – today this is when electricity demand is at its lowest."
scotches
15/6/2017
13:06
What's the yield on that then?
zcaprd7
03/6/2017
08:58
...along with Syria and Nicaragua lol
volsung
17/5/2017
23:01
If you remove derivative contracts of unearned gains/losses, it produces a clearer picture of Drax's operations. The fall in commodities had a big impact. http://bit.ly/2rssqVr
walbrock82
12/5/2017
08:31
The company has been a subpar performer for L-T holders with inconsistent dividend payments. Recently, it recovered some lost ground. There are some things investors may find interesting in 2017: - -Net Profit won’t be boosted by Forex gains and derivative contracts unless both the Pound and commodities prices took a dive. -Net Profit won’t be boosted by Opus Energy because they made £14m. -Free cash flow will turn negative this year. -And, total debt will rise to £750m to £800m, with annual interest costs ranging from £40m to £50m. For more, please visit: http://bit.ly/2qz30Jg What do the analysts think? From 17 analysts, they think about the following: - -Analysts are confident that dividend payment will increase to 9 pence per share in 2017 and rise to 14 pence, a year later. -EPS is expected to rise to 9 pence this year and jump to 17 pence a year later. -Revenue is forecast to grow by £3.5bn this year and rising to £3.62bn.
walbrock82
06/5/2017
20:23
What it say then?
fangorn2
05/5/2017
13:54
Good letter in the telegraph about Drax today...
zcaprd7
28/4/2017
11:12
If anyone was wondering , Barclays upgrade.
cboney
26/4/2017
22:16
Today's announcement is interesting... So when we see headlines about no coal power being used, then station is in use, but burning wood!
zcaprd7
03/4/2017
15:42
They are really tying themselves into this wooden pellet nonsense aren't they?
zcaprd7
27/2/2017
09:46
So, as suspected, the offers are made.
minerve
19/2/2017
12:08
Just thought some would be interested LEONIDAS. Take it or leave it.
minerve
19/2/2017
11:45
http://electricinsights.co.uk/#/homepage?&_k=oyuhpm
minerve
17/2/2017
11:26
zcaprd7 16 Feb '17 "I think it might be the passing over of uncertainty to shareholders, via the dividend policy?" Some would see that as prudence. They could be more assertive on dividend policy and get it wrong and then be in the position of oil majors paying dividends - some would argue - they cannot afford.
minerve
17/2/2017
11:20
Yes it seems like it. I'll probably sell my holding and move on..
grindertraderuk
16/2/2017
17:21
I think it might be the passing over of uncertainty to shareholders, via the dividend policy?
zcaprd7
16/2/2017
11:18
Yes even with guidance the market probably doesn't like the operating losses and decreasing margins There was a one off Asset obsolescence charges of 109.2m in 2015 applied to the income statement that skews the headline profit before tax increase of 242% (59m to 197m). Excluding this adjustment and the rise is around 17% which is still respectable. Diluted EPS is 47p so at time of writing I PE around 7.5p The balance sheet is strong though. I am not an expert in this market though, but I have invested as part of a diversified portfolio. I currently HOLD.
grindertraderuk
16/2/2017
10:28
Blimey, they met guidance, Mr market still not happy though?
zcaprd7
28/1/2017
18:15
Brooker from the telegraph isn't a fan :This collective act of make-believe is devastating our environment and our budgetshttp://www.telegraph.co.uk/news/2017/01/28/collective-act-make-believe-devastating-environment-budgets/
zcaprd7
04/1/2017
11:57
Hi, I am new to this share, the chart is good and the theoretical value is a about 70p higher than present. But it seems that $125 /Mwh is very high compared to rest of world. Therefore how secure is this income?
uncle john
19/12/2016
13:33
EC approval today Drax confirms that the European Commission (EC) has today approved the CfD Investment Contract(1) , awarded to Drax by the UK Government, for its third biomass unit conversion. hxxp://europa.eu/rapid/press-release_IP-16-4462_en.htm The strike price remains GBP100/MWh(2) and there are no changes to the terms of the contract. The unit will commence operating as a fully converted biomass unit under this contract in the coming days, having previously operated as a co-firing unit under the Renewables Obligation. Approval of this contract was a condition of the proposed acquisition of Opus Energy and today's announcement represents a positive step towards the completion of this process. Dorothy Thompson, Chief Executive Officer of Drax Group, said: "We are pleased the European Commission has completed its review of the contract and approved it in line with our expectations. We now look forward to fully converting the unit to run on sustainable biomass. "Drax is already playing a vital role in helping change the way energy is generated, supplied and used as the UK moves to a low carbon future. "With the right conditions, we can do even more, converting further units at Drax to use sustainable biomass in place of coal and through rapid response gas projects to plug the gaps created by intermittent renewables. "Our plans for greater diversification will deliver a package of reliable, affordable electricity to the UK's households and businesses."
keelstow
19/12/2016
12:40
Well, that might help! £4 is the obvious looking resistance...
zcaprd7
Chat Pages: 167  166  165  164  163  162  161  160  159  158  157  156  Older
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