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Share Name Share Symbol Market Type Share ISIN Share Description
Drax Group Plc 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
  14.00 2.59% 554.00 556.00 557.50 566.00 535.50 547.50 2,325,367 16:35:16
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Electricity 4,235.0 -234.7 -39.8 - 2,210

Drax Share Discussion Threads

Showing 4251 to 4274 of 4550 messages
Chat Pages: 182  181  180  179  178  177  176  175  174  173  172  171  Older
DateSubjectAuthorDiscuss
25/9/2018
17:36
Broker Forecast - JP Morgan Cazenove issues a broker note on Drax Group PLC Tuesday 25 Sep 2018 10:40 JP Morgan Cazenove today reaffirms its overweight investment rating on Drax Group PLC (LON:DRX) and raised its price target to 400p (from 350p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk
moorsie2
25/9/2018
15:16
I've added nevertheless.
minerve
25/9/2018
15:16
This was BoA Merrill Lynch a few week's back: BoA Merrill Lynch upgraded Drax to “buy” with a 425p target price, largely on the prospect of cheaper biomass feedstock supporting earnings.
minerve
25/9/2018
15:15
Have you got the write-up on that note Moorsie2?
minerve
25/9/2018
13:19
JP Morgan likes it and increases its target to 400 Patience is a virtue here gents and ladies
moorsie2
25/9/2018
11:09
But wait, maybe they swallowed the info and like it. I did a bit of researh last night and I would, as an investor, like the pumped storage assets in the Drax portfolio. I've actually visited the site in Scotland. Impressive. At one point it was going to be expanded but I think they were looking for government support which didn't materialise. Perhaps they should have changed their name to Scottish Power Housing! That would have got the numpty Tories interested. LOL
minerve
24/9/2018
17:12
Market was getting used to share buybacks, increased dividends and a business plan that was clear and made sense. Now there is lots of mud in the water which may or may not be enhancing and may also be a cover for a plan that perhaps wasn't robust in the first place; hence the reaction.
minerve
24/9/2018
16:38
Market didn't seem particularly excited over it though. Time will tell.
from8to800
24/9/2018
07:20
News announcement this morning seems to explain the huge uncrossed trade at the end of Friday. Hold onto your shares!
moorsie2
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
Chat Pages: 182  181  180  179  178  177  176  175  174  173  172  171  Older
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