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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 4501 to 4523 of 4550 messages
Chat Pages: 182  181  180  179  178  177  176  175  174  173  172  171  Older
DateSubjectAuthorDiscuss
15/3/2021
15:10
Any idea what is behind that rise Castleford?
boozey
15/3/2021
12:29
BOOM Up 10% Tiger
castleford tiger
10/3/2021
17:52
Castleford Tiger, I bought DGOC (Diversified Gas and Oil) shares with my DRX profits. We'll see if that turns out to have been a good idea. Growth prospects are modest but the divi is high. Usually my selling a share gives it an extra upward impetus ;0)
cassini
09/3/2021
18:32
good luck and pop in to see how we are doing
castleford tiger
04/3/2021
15:23
Sold at 388p earlier this week. Drax has a decent divi considering my much lower buy price but in the end, what with the (more than) total recovery from the lows I have decided to see if my money can be better put to work in another share.
cassini
11/2/2021
03:48
Over 400p, new closing high and highest price since the beginning of 2019.
cassini
08/2/2021
12:31
Thank you scotches believe it or not I was going to sell up here today , I am well in profit but have noticed lately it is doing nothing, my age is against me I am 82 years old , when you talk of 2027 it’s possible I won’t be around anymore, I will hang on for now thanks to you, good luck,
alangriffbang
08/2/2021
11:46
hTTps://www.standard.co.uk/business/drax-power-station-canadian-biomass-green-energy-environment-b918941.html hTTps://www.proactiveinvestors.co.uk/companies/news/940629/draxties-up-canadian-biomass-purchase-to-turn-it-carbon-zero-by-2030-940629.html hTTps://www.bioenergy-news.com/news/drax-group-to-acquire-pinnacle-renewable-energy/ Drax, once the UK's most polluting coal-fired power station, today accelerated its push into green, biomass power generation by buying a major Canadian wood pellet producer for £226 million. The UK's largest power station is set to switch off its two remaining coal generating units in March and move to entirely burning biomass, which comes in the form of wood pellets from sustainable forestry. Today's deal to buy Pinnacle Renewable Energy is key to the project as it will massively increase its supply and cut its costs because the business it is buying is more efficient than Drax's existing resources in the Deep South of the US. Drax has to get its costs down because in 2027 the government will stop providing subsidies to fund its green transition.
scotches
11/1/2021
12:40
The analysts have now managed to observe that the share price has gone up so up go their "forecasts". "Share price forecast The 10 analysts offering 12 month price targets for Drax Group Plc have a median target of 390.00, with a high estimate of 475.00 and a low estimate of 248.00. The median estimate represents a -0.76% decrease from the last price of 393.00." Tomorrow will be Tuesday....
scotches
07/1/2021
12:51
Is the FT page on forecasts up to date. Broker forecasts on price usually track an improving share price even if generally incapable of predicting future direction. hTTps://markets.ft.com/data/equities/tearsheet/forecasts?s=DRX:LSE "The 10 analysts offering 12 month price targets for Drax Group Plc have a median target of 355.00, with a high estimate of 400.00 and a low estimate of 248.00. The median estimate represents a -10.22% decrease from the last price of 395.40."
scotches
07/1/2021
01:37
I'm in a quandary as to whether to take profits. Consider this scenario - someone buys 500 Drax shares at 200p, then it rises to 400p. His original outlay of £1000 bought shares that have now doubled in value to £2000 and the dividend is 8.15% - relative to his original buy price. Not bad at all. He gets 16.3p per share as a dividend (£81.50 dividend annually in total). However the dividend is actually 4.08% to a buyer at the current share price of 400p. He could sell up DRX and with the proceeds buy £2000 worth (1751 shares) of, say, DGOC instead. With a dividend of 10.85p/share (maintained through 2020 incidentally), his DGOC investment will return a dividend of £190 per year. He is now getting over double the DRX dividend payment (if held in a SIPP, as DGOC is subject to withholding tax). Considering the original outlay into Drax was £1000, that's a bit like getting a 19% dividend on the original £1000 investment inside of a year. All this supposes of course DRX does not climb in value much further and DGOC does not drop or stop paying the dividend. You can replace DGOC with a similar high yield share. Of course Drax could climb higher - it's been much higher in the past, but it's met resistance at ~400p since 2015. Decisions, decisions...
cassini
30/12/2020
17:58
Yes, I agree Castleford. No glaring bargains in the UK, anymore, though if HSP falls back, I'll buy some more. MFX I ducked. I've been re-cycling profits from the UK into Japan, where there are still some very good bargains in small and medium caps with sound businesses and enormous downside protection, which have been left behind by the market rally. All the best for 2021.
cjohn
30/12/2020
17:29
john Like you I bought lots in March to add to my core holding. A profit is always a good thing but I cannot find anywhere better to place the potential block of cash. I have finished buying HSP but have some gaps with MFX/RBN/LPA as well as TND whenever it gets close to 500. happy new year
castleford tiger
30/12/2020
15:46
Lots of liquidity and buying going on in the last couple of days, and I've taken advantage to sell out my entire holding. I bought in in the COVID panic in Feb/March when they were exceptionally cheap like many other shares. At that point just about any buy did well or very well. I agree with Castleford Tiger and others that the yield is attractive, but on other value metrics they don't look particularly cheap anymore to me. Good luck to holders. And thanks to all posters for an informative board.
cjohn
30/12/2020
09:19
well my 400p suggested in November is getting very close. strong demand for DRAX Tiger
castleford tiger
15/12/2020
20:02
Article out tonight..“Drax Group has agreed a near £200-million deal to sell its gas-fired power station portfolio. VPI Holding Ltd, the company behind one of Europe’s cleanest operations in the Humber refining complex, has swooped in a £193.3 million deal. A total of 121 employees will transfer on completion. It forms the latest chapter in Drax’s green transformation, with coal - once everything to it - to be removed from the system in March after a huge switch to biomass.”
paulo435
01/12/2020
17:47
Gecko you are entitled to be whatever you wish to be! We are here to debate outcomes not to put the world to right! Drax has been a consistent performer since the start of the pandemic pays a great dividend and had directors buy in post excellent interims around 370p. A firm hold I would say.
boozey
01/12/2020
17:34
This ''dog'' has got a lot of life in it without a takeover bid - which by the way 6 months ago was mooted at 340p - ie. where we are now give or take ;)
boozey
01/12/2020
17:31
When is the dog going to get that elusive takeover bid?
geckotheglorious
01/12/2020
17:07
JdraxHas I ii
michael123harvey
30/11/2020
19:04
Tiger, the market fell out of bed. Not sure I read too much into it. Drax has been on a great run recently. Unless you feel otherwise? End of month Book keeping?
boozey
30/11/2020
18:27
What happened this afternoon
castleford tiger
17/11/2020
08:40
Nothing to my way of thinking, absolutely nothing, is so stupid as carbon capture. Mankind competing with the natural carbon cycle is nothing short of moronic. Firstly, and one can prove it in 5 minutes flat, CO2 is irrelevant to Climate Change. Secondly, CO2 is the most soluble of gases in water - up to 3% - and 1m of water falls as rain on average world wide washing it out. The entire world of plant growth absorbs incalculable amounts of the stuff. It is just one more measure of public brainwashing to conceal the fact that the Great Greenhouse Gas Fallacy is to protect the prop for the world ruling Oligarchy- cheapish fossil fuel to run their mega yachts, private airlines and global estates. Make the public cough up to solve the problem of a valuable depleting resource whilst enjoying rock bottom aviation fuel.
rburtn
Chat Pages: 182  181  180  179  178  177  176  175  174  173  172  171  Older
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