LON:DCC
DCC Energy PLC
ACTIONABLEMethodology gates passed
Position levels
Currenttoday
6435.00p
Buy <=wait / entry
5633.33p
Trim >=take some off
6500.00p
Thesis breakThe investment thesis is invalidated if the acquirer publicly withdraws the GBP 65....
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Scenario-weighted conviction
| Probability | Score | Contribution | |
|---|---|---|---|
| Bull case | 25% | 100 / 100 | 25.0 |
| Base case | 50% | 62 / 100 | 31.0 |
| Bear case | 25% | 10 / 100 | 2.5 |
| Weighted conviction | 59 / 100 - OPPORTUNISTIC BUY | ||
Top risks
- M&A activity: agreed GBP 5.75bn takeover by KKR and Energy Capital Partners consortium at GBP 65.25 per share
- Earnings growth: adjusted continuing operating profit +3.6% to GBP 634m and adjusted EPS +9.9%
- DCC Energy operating profit +3.5% with 7.9% growth in H2 and 108% free cash flow conversion