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
  +2.00p +0.55% 366.00p 366.00p 366.20p 366.40p 354.40p 360.00p 1,902,868 16:35:14
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Electricity 3,685.2 -183.2 -37.2 - 1,463.90

Drax Share Discussion Threads

Showing 4251 to 4274 of 4275 messages
Chat Pages: 171  170  169  168  167  166  165  164  163  162  161  160  Older
DateSubjectAuthorDiscuss
13/9/2018
19:51
I hope you're right and it will finally break 400p after a few years' doldrums
robi_n
13/9/2018
11:02
Lots of resistance at this 385 level. But patience is a virtue. Soon it will blow through it to 420 area
moorsie2
21/8/2018
13:40
Under any Brexit scenario this company is worth more than before the vote due to the greater strategic importance of UK mainland power generation. Still significantly undervalued...
moorsie2
20/8/2018
09:36
Is the Drax share price benefiting from a potential no-deal Brexit and a rerating of a secure chunk of UK supply. "A Brexit crash landing will have a number of impacts for energy. It’s unlikely to mean that the lights go out, but it may well result in an increase in wholesale electricity prices and wholesale electricity price volatility. Interconnectors are not expected to stop flowing, but they will no longer do so on a frictionless basis. The UK will be free to choose its decarbonisation trajectory and pathway." hTTp://blogs.lse.ac.uk/brexit/2018/07/26/what-a-no-deal-brexit-would-mean-for-britains-energy-markets/ hTTps://www.theguardian.com/business/2018/aug/18/brexit-looming-energy-sector-builds-new-links-europe Back in May the new Drax CEO speculated that a reliance on interconnectors threatened security of supply. "While energy debates are currently dominated by cost, Gardiner said ministers’ priorities were likely to swing back to security of supply, driven by events such as the “beast from the east” cold weather, which put pressure on the country’s energy system." hTTps://www.theguardian.com/business/2018/may/20/drax-power-station-boss-warns-against-reliance-electricity-imports-interconnectors
scotches
10/8/2018
13:02
Ready now to push onto 395 area
moorsie2
03/8/2018
17:43
Woodford selling is totally irrelevant. Good riddance. He's messed up a load of investments and just needs cash to cover his losses.
robi_n
03/8/2018
16:44
Will test new highs next week I feel. Should continue climbing to 390s
moorsie2
31/7/2018
11:51
Can't really tell you why, but having gone up more than 60% in just over 3 months, technically I feel this may pop soon.Eyes open. Buy stop in place.
from8to800
31/7/2018
09:58
rburtn Personally I believe Woodford trades too much. They sold out of BATS not long ago stating the tobacco market had done pretty much all the consolidating it can do and then have been buying back in??? Some of his exits though have been well-timed. BT for one. I think the main risk to Drax is the OCGT business but I will hold because in my portfolio it has a place even though it might not be stellar growth.
minerve
31/7/2018
09:53
My first thoughts whenever a company buys back its shares is that some large shareholder wants to sell and then I wonder why. Does he know something we don't or is it just that he has better use for the proceeds? In this case, I believe Drax has done the better deal of the two - or at least I hope so..
rburtn
31/7/2018
09:49
Ref Woodford Which is very odd about the RNS yesterday considering his two portfolios didn't show any Drax holding for the month of June. So when did he sell and has there been a failure to update the market? By-the-way, I'm still holding regardless of what Woodford is up to. Can some please explain this discrepancy? I can't think of a reason other than error.
minerve
31/7/2018
09:30
hTTps://www.thetimes.co.uk/article/for-woodford-drax-is-no-longer-a-burning-issue-q9kfkgqhc "Neil Woodford has halved his stake in Drax, the owner of Britain’s biggest power station, something of an abrupt turnabout for the renowned fund manager, who has long been a backer of the FTSE 250 energy group. Woodford Investment Management, the company’s third largest shareholder, has cut its holding from 9.89 per cent to less than 5 per cent, with a total of 401,650,976 shares, according to a stock exchange filing yesterday." Article speculates that it could be part of raising some cash to meet redemptions on the equity income fund now the star has lost his lustre.
scotches
27/7/2018
08:30
Date Broker Recommendation Price Old target price New target price Notes 26 Jul 18 AlphaValue Add - Upgrades 26 Jul 18 Credit Suisse Outperform -target 410.00 Reiterates
moorsie2
26/7/2018
09:49
Care to indulge us with why?
minerve
26/7/2018
09:41
New broker report with a price of 410 out today :)
moorsie2
25/7/2018
22:24
Only sharing my views but am holding myself anyway. In the mid term earnings are secure and will grow as well as dividends. Share price will follow. I'm just having some problems shrugging off all the gloom I've seen over the last few years.
robi_n
25/7/2018
12:17
Robi_n I can't argue with your rationale. You could prove right. I'll hold. It's a good diversifier for me.
minerve
24/7/2018
21:36
The CEO is personally invested for 5M worth of shares at 318. Therefore he is heavily incentivised to get it and keep it significantly north of there...
moorsie2
24/7/2018
19:04
I doubt it stays over 300 over the next couple of months. I saw it plenty of times with this company. Lousy interims then five or six months steady share price decline... Its only chance is OCGT debacle. They keep on repeating they're doing it IF they got capacity payments contract which obviously they DON'T get. It's clearing lower and lower each year and they aim for close to 30 per KW. Never gonna happen unless they massively lower they hurdle rate (but is it profitable then?). Either way this whole OCGT is gonna fail. That means two things: -first PnL will be hit down the road with all they'll have spent on this (pending on balance sheet right now) - second cash will be preserved which can be returned to the shareholders That said I see it that way: poor share performance for at least half a year, yet another capacity auction failure and another buy-back announcement at year-end results.
robi_n
24/7/2018
16:55
The half-year results are fine. Nothing changes the status quo and if the outages - which were well known month's ago - hadn't happened we would be looking at another £20M+ on the EBITDA for the full-year according to some analysts.
minerve
24/7/2018
16:52
It's Green Energy because burning trees is carbon neutral - if they are left to rot they release it anyway - and the land that the trees are grown on would - as studies have shown - be used for cattle farming - which is definitely not green. Considering the whole thing pellet transportation does not make it 'not green'.
minerve
24/7/2018
16:48
Fingers crossed eh Moorsie. Decent Divi raise but i cant for the life of me see how this Biomass is "Green Energy" Agree re H2. Just hope no more power outages.
fangorn2
24/7/2018
16:34
Disappointing yes - but management reaffirmed full year expectations so that tells me the underlying performance in H2 is even better than expected. Management credibility will be on the line for the H2 so I do not expect them to miss it. I think the sell off today is overdone considering these points. By end of August I would be surprised if not trading closer to 400
moorsie2
24/7/2018
16:06
Troll Alert!
minerve
Chat Pages: 171  170  169  168  167  166  165  164  163  162  161  160  Older
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