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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
  -12.80 -2.55% 488.20 488.60 489.40 513.00 482.80 513.00 2,168,394 16:35:20
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Electricity 4,235.0 -234.7 -39.8 - 1,949

Drax Share Discussion Threads

Showing 4351 to 4371 of 4550 messages
Chat Pages: 182  181  180  179  178  177  176  175  174  173  172  171  Older
DateSubjectAuthorDiscuss
19/3/2020
09:27
Can't fathom the fall. In a post CV19 world will no one need power on a dull and still day?
trader2
17/3/2020
19:17
Watching. Yield is 9%. Not that that's remarkable nowadays...
cassini
17/3/2020
19:15
I bought today at 180p
nickthegambler
14/3/2020
11:26
"Any fundamental reasons this got such hammering ? I would imagine it should be more resistant to the virus mess than the average." This stock tends to correlate more with energy prices when sentiment on energy isn't good.
minerve 2
13/3/2020
23:57
Any fundamental reasons this got such hammering ? I would imagine it should be more resistant to the virus mess than the average.
nicedude1976
12/3/2020
17:04
Historical yield now 8.4%
cassini
02/3/2020
16:35
Forward earnings expected in the 35-36p range and post tax c£142m. :)
minerve 2
02/3/2020
15:14
So I know this'll sound naive, but given the dividend is 15.9p/share and the basic EPS is 0.1p, why is DRX paying a dividend at all? Or is the 2019 earning figure just expected to be a blip and they're paying the divi from retained cash in expectation of better times? Also, all their profits (£60m) equal the tax bill, leaving crumbs! Why so much tax? Anyone good at reading company financial statements?
cassini
27/2/2020
11:14
Decent Results, sustainable dividend, bucking the ftse 250 fall today. Reckon some new broker notes will come out with buys reiterated.
nick rubens
27/2/2020
09:39
COMING OUT of coal completely tiger
castleford tiger
26/2/2020
13:55
Anyone have any thought on how DRX results will be received tomorrow?
uhound
18/2/2020
18:33
https://www.vox.com/2020/2/18/21128205/climate-change-japan-coal-energy-emissions-pikachu
zcaprd7
03/2/2020
07:53
DRX has the ability to guarantee delivery - whereas wind and solar don't. You hope this is reflected in the price they get in the Capacity Market.
trader2
31/1/2020
10:39
Difficult one, I have been tempted to take a stake here. Real world says that we will need these sort of Gas plants until we get a step change in energy storage technology. However sentiment and regulation are always going to be against this sort of business. I am tempted to take a small stake primarily due to the recent weakness and the pretty decent covered divi.
salpara111
30/1/2020
22:17
I read today that the government is being sued by some climate people for approving the new gas fired power station which apparently will be responsible for 75% of the UK energy sector's total emissions.
patientcapital
16/12/2019
22:03
https://www.theguardian.com/environment/2019/dec/16/converting-coal-plants-to-biomass-could-fuel-climate-crisis-scientists-warn
zcaprd7
21/11/2019
13:52
hTTps://www.drax.com/investors/investment-programme-in-biomass-capacity-expansion-and-cost-reduction/ Will Gardiner, Drax Group CEO said: “Drax’s purpose is to enable a zero-carbon lower cost energy future. We believe sustainable biomass has a long-term critical role to play. That’s why we plan to supply 80 percent of our biomass from our own sources – a significant increase on the 20 percent we currently self-supply. Supplying more of our own biomass will cut costs and reduce supply chain risks, ensuring our biomass power generation remains viable in the long term. When combined with carbon capture it will also enable negative emissions, helping the UK on its path to net zero by 2050.”
scotches
05/11/2019
19:59
FT Oct 28 HSBC upgraded Drax, the power station owner, from “hold” to “buy” with a 360p target price. The upgrade came after the European Commission last week confirmed that a UK power capacity market scheme complied with EU state rules. The European Court of Justice had ordered the suspension of the capacity market in mid November to review its legality. Companies that missed out on historical payments would be refunded, the UK government said. “This is a significant reduction in 2019 earnings uncertainty for Drax,” said HSBC. The £75m of 2019 capacity payments due to the company compared with an operating earnings target of about £410m, the broker said. The return of the capacity market would also clear the fog around Drax’s expansion plans, in particular whether a new fleet of gas-fired turbines would be economic, it added.
scotches
25/10/2019
06:28
UK power generators are set for a £1bn Christmas bonus after the European Commission ruled on Thursday that the country’s controversial electricity back-up system did not break EU state aid rules.
trader2
09/10/2019
10:02
any news? why down again at today ?
jdung
07/10/2019
17:49
"But in a letter, Andrea Leadsom, Secretary for Business, Energy and Industrial Strategy, said the other projects might not go ahead." It would be nice to know what these projects are.
minerve 2
Chat Pages: 182  181  180  179  178  177  176  175  174  173  172  171  Older
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