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
  -4.60p -1.51% 299.40p 299.20p 299.40p 304.40p 297.20p 303.80p 148,800 11:24:52
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Electricity 3,685.2 -183.2 -37.2 - 1,218.66

Drax Share Discussion Threads

Showing 4201 to 4224 of 4225 messages
Chat Pages: 169  168  167  166  165  164  163  162  161  160  159  158  Older
DateSubjectAuthorDiscuss
20/4/2018
11:46
Whats this got to do with Drax exactly?
fangorn2
20/4/2018
11:45
Malcy (16/4/2018) gives Amerisur - AMER his most positive ever review: hTTp://www.malcysblog.com/2018/04/vox-markets-podcast-amerisur-resources-sdx-energy-president-energy-echo-energy-trinity-exploration-production-range-resources-faroe-petroleum-and-hurricane-energy/ Revenues flowing and more to come, cash rich, zero debt, Directors buying this week, fully funded 14 well drilling program for 2018, low OPEX, etc. AMER could be 10+ bagger this year.
winchcombe
19/4/2018
16:40
Gone Exdiv today I expect to see it bounce back to 315 by Monday
moorsie2
16/4/2018
15:04
that might be pushing it a bit!!! :)
moorsie2
16/4/2018
14:40
Still waiting for that 550p takeover bid myself :)
fangorn2
16/4/2018
10:09
significantly undervalued here Can see a clear run to 375
moorsie2
04/3/2018
10:14
Thanks for that reference Minerve. It links CO2 to Climate Change but, unless I am mistaken and government advisers really believe this, the real reason for subsidising renewables is to do with depletion of fossil fuel supplies and the cost and politics of supply. Climate Change is the lever with greatest public effect. Taking a look at the forest, rather than the nitty gritty of the trees, the linkage between CO2 and Climate is that photosynthesis goes up and down as the amount of sunshine goes up and down and is very sensitive to it. The latter goes up and down as the temperature goes down and up. So any period of consistent warmer average earth surface temperature, for whatever reason, will be associated with an increase in CO2 due to Earth's response mechanism of clouding over.
rburtn
03/3/2018
22:50
researchbriefings.files.parliament.uk/documents/SN05927/SN05927.pdf
minerve
02/3/2018
12:11
"Without this, Drax would be bankrupt." But it does have the subsidies! The question should be what are the risks of them disappearing and when. Companies without customers would be bankrupt. So what? It is a meaningless statement.
minerve
02/3/2018
10:57
The problem which dominates Drax is the false premise which is forced upon management. I bought in thinking that third rate scientists in third rate faculties could not maintain for much longer the fiction that CO2 causes Climate Change. There was even a hint of reason breaking out in an IPCC report admitting they had not considered the effects of clouds in their forecasts! These just happen to be instrumental in climate control. They reduce the amount of heat incident from the sun just as does a solar eclipse. Few people stop to wonder where the energy goes as a cloud passes overhead. It gets radiated coincidentally in all directions - that means more than half the heat loss by-passes the biosphere. It is the paving over of the world's lush and fertile regions by human habitation which lowers vapour and leads to less cloud cover and more solar energy entering. We thus find Drax accepting subsidies to burn a costly fuel in some Quixotic world only of sense to a politician. The environmental damage of mining compared with using forest as a fuel crop is debatable given all the incidental costs as is the pollutive consequences of combustion but it would make the business more honest if these were evaluated rather than being in thrall to a load of hogwash. As it is, the business is a cross between a stock and a government security, it should make its mind up - a gilt at government pleasure, or a business free to do as it wishes subject to genuine environmental constraints. The scale of the 'bung' needed to do irrational things from a shareholder viewpoint is quite unsettling. A a big payout for a low wind, cloudy, deep freeze period - as now - would only wake up the hack's protests at the size of the bung. I remain invested nonetheless.
rburtn
02/3/2018
10:29
'Without this, Drax would be bankrupt.' Uninvestible. If there was ever a Company thoroughly deserving of being nationalised, this is it.
liquidkid
01/3/2018
22:53
Me neither! :)
fangorn2
01/3/2018
10:11
Cheers Fanghorn2 Didn't realise it was that much.
nick rubens
28/2/2018
15:34
Drax Biomass Subsidies Rise To £729m In 2017 FEBRUARY 27, 2018 hTTps://notalotofpeopleknowthat.wordpress.com/2018/02/27/drax-biomass-subsidies-rise-to-729m-in-2017/ Last I saw on subsidy front fyi.
fangorn2
28/2/2018
11:19
Drax's profits and dividends have been shrinking for several years. Can this re introduced dividend be held over the next few years? Is the Biomass still being subsidized in any way? The accounts are not easy to understand as everything positive was EBITDA. Sounds like some cash was generated despite reporting losses. Some share buy back to come during the year.
nick rubens
27/2/2018
10:55
I'm in already. I might add.
minerve
27/2/2018
10:47
OK, so at 245p right now that is a forward yield of just over 5%. Combined with confirmation the biomass loader issue is fixed, and the fact that it is freezing outside and that coal is currently providing 23% of the UK's electricity, I'm getting tempted to get back in here. Not yet ready to hit the button. Andy
andyalan10
27/2/2018
09:47
One thing I do like about this share is the absence of moronic politicians talking about price caps and SVTs. The silence is wonderful.
minerve
27/2/2018
09:45
Looks OK to me, so far. Still working on it.
minerve
27/2/2018
09:36
For me it's on track for £425m EBITDA by 2025 and the current 12.5p div
scemer
27/2/2018
09:19
Not sure about those results, need some help?
zcaprd7
01/2/2018
15:55
Judging by the drop in price somebody knows and it's not good news
stal2309
01/2/2018
10:57
In mid December Drax announced an outage in their automated fueling thingie. They said they expected it to be fixed during January 2018, and the hit was likely to be £10 million. Anybody know a) if it is fixed and b) if the £10 million was CY2017. Held these until recently, out on the spike when 4th unit conversion was announced. May re-enter when I hear confirmation that they are operating normally again. Andy
andyalan10
17/1/2018
11:51
Let's hope Trump doesn't cut off our wood supplies lol...
zcaprd7
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