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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
  0.20 0.04% 492.80 494.80 495.20 505.00 488.60 505.00 1,984,007 16:35:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Electricity 4,235.0 -234.7 -39.8 - 1,966

Drax Share Discussion Threads

Showing 4301 to 4323 of 4550 messages
Chat Pages: 182  181  180  179  178  177  176  175  174  173  172  171  Older
DateSubjectAuthorDiscuss
25/6/2019
10:10
does anyone know why the share price is so weak...i can only guess that it is being sold by ex Woodford funds (St James Place) since Woodford has sold his in the EIF. Or maybe investors don't believe that the suspended gov subsidy will be re-instated...or broker downgrades....?
catscats
24/6/2019
19:46
SP seems to be in daily free fall. Is the recent restored dividend level sustainable in the years ahead?
nick rubens
24/6/2019
11:30
What was the EU political donations all about?
zcaprd7
10/6/2019
00:53
https://www.thetimes.co.uk/article/strike-threat-at-biggest-power-station-drax-d65t5hfdxCould be a problem?
zcaprd7
30/5/2019
08:57
zcaprd7 you are quite right, it is even more cuckoo when any competent physicist can show you that the unscientific and ill-defined greenhouse gas theory is bonkers. The water cycle governs Earth's temperature and climate. Mankind's industrial development is having a massive impact on the quantum and distribution of water vapour and its condensate - clouds. I have written to the CEO and recently the Chairman suggesting they are tilting at windmills with carbon capture and asking why. Just like all the great and the good to whom I have written with very straightforward arguments demolishing this conspiracy, not a word in reply. Drax is not alone. I see a former Chief Scientist is forming a Cambridge Unit to consider a crackpot scheme for seeding clouds with salt to increase 'albedo' - as if that will replicate the sheer versatility and self-regulating function of clouds! More likely it will do irreversible ecological damage. Why not just trickle water over pavements sufficient to lower temperature to the surrounding land and leave the sun and vapour pressure to do the rest? The basic principle whereby Earth manages its temperature is simple and it is mildly embarrassing for a scientist to have to explain. The authorities must know the scale of the deception - all to deny the fact that population swarming and surface degradation is at the root. The scientists who ignore all the data and produce conclusions from flawed - or, is that doctored? - models are paid stooges.
rburtn
29/5/2019
10:27
Trying to be carbon negative seems like cloud cuckoo land?
zcaprd7
22/5/2019
10:02
Woodford no longer holds Drax.
minerve 2
08/5/2019
09:20
With the CFO nibbling is this the bottom? Any reason Drax has sold off a touch over the last few weeks as not seen the two main holders, Invesco and Woodford , offload much. Invesco last offloaded 1% mid March I think it was. Is it Remuneration issues again?
gordogecks
03/5/2019
12:05
catscats It is the recent carbon objectives that hit the share yesterday. Drax have got some gas assets that will be of concern. They have acquired some more recently although management are acutely aware of the needs to manage these down as we go forward. I don't think it is anything we should be too concerned about ATM.
minerve 2
21/3/2019
09:10
anyone know why this has sold off this morning...?
catscats
11/3/2019
17:24
Failures and the date of collapse include: National Gas and Power - July 2018 (80 non-domestic customers) Iresa - July 2018 (100,000 domestic customers) Gen4u - September 2018 (500 domestic customers) Usio Energy - October 2018 (7,000 domestic customers) Extra Energy - November 2018 (108,000 domestic and 21,000 business customers) Spark Energy Supply Limited - November 2018 (290,000 domestic customers) OneSelect - December 2018 (36,000 domestic customers) Economy Energy - January 2019 (235,000 domestic customers) Our Power - January 2019 (38,000 domestic customers) Another one bites the dust today - Brilliant Energy (not that brilliant! he he).
minerve 2
15/2/2019
12:23
I am always suspicious of firms buying in their own shares that it might be to meet the demands of an influential holder wishing to get out. Wonderful timing this downgrade - just after the buyback finishes. If Citi had sold into the buyback, what a wonderful shorting opportunity their downgrade now makes for them. I'm not saying a thing though!
rburtn
15/2/2019
11:41
We update our earning and PT to reflect the latest commodity prices and acquisition of IBE generation assets. Our EBITDA is -1% to +49%, while our EPS is +70% to -46% over 2018-20E. 12m PT now at 320p. Ends.
minerve
15/2/2019
11:41
Capacity payment will contribute to c.15% of Drax’s EBITDA (normalized for FY19-21). While our working assumption is that the capacity market resumes in FY20 with no major changes to the structure of the auction process thereafter, there is no guarantee that this would be the outcome. Furthermore, we see Ofgem’s strategic review of the microbusiness retail market to increase level of competition and/or intervention. Drax shares are currently priced as if neither such risks exist.
minerve
15/2/2019
11:41
The correlation between Drax share price and commodity prices appears to be broken. Since January, Drax shares are +10% vs -10% of UK power and gas. In our view, this decoupling is unjustified and we see significant downside risk to Drax’s share price.
minerve
15/2/2019
11:41
Citi - courtesy of FT Markets live We believe the purchase of IBE generation assets is value destructive, to the tune of c.£140m. Despite a +20% in UK generation from intermittent renewable sources, similar pump storage assets have actually seen a reduction to peak / off peak spreads from c.£12/MWh to £7/MWh. This together with an expected 10x increase in UK’s utility scale battery storage capacity to 2025, and a 3x increase in UK’s interconnection capacity to 2022, we see little reason to be bullish on the outlook for pump storage assets.
minerve
15/2/2019
11:38
Not a holder, but probably an indication someone wants to load up before the results. Very common for a broker to downgrade before stellar results.
liam1om
15/2/2019
11:14
Perhaps an indication that the full-year results for year ending 31 December 2018 are going to be disappointing?
victorjohn
15/2/2019
10:59
Citigroup has downgraded Drax Group to Sell with a price target of 320.00p
liam1om
15/2/2019
10:13
Ideas behind the drop?
essential
08/2/2019
12:24
rburtn I'd agree with what you say but perhaps they said the same thing after the first installation of a solar panel or windfarm.
minerve
08/2/2019
11:48
Won't that increase acid rain. Anyway BBC link, BusinessGreen link
skinny
08/2/2019
10:37
rburtn I don't think it is idiotic. There are plenty of issues to be addressed but it is one part of the problem that has been shown to work at plant level. Good on them IMO. I am pleased I am an investor in Drax.
minerve
Chat Pages: 182  181  180  179  178  177  176  175  174  173  172  171  Older
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