||ORD 6 14/81P
||EPS - Basic
||Market Cap (m)
|Gas Water & Utilities
Centrica Share Discussion Threads
Showing 6651 to 6675 of 6675 messages
|Brent over $50.|
|RSA Insurance Group plc
25 May 2016
On the 25 May 2016 the Company was notified that Stephen Hester, Group Chief Executive and a Director of the Company, will be appointed as a non-executive director of Centrica plc with effect from 1 June 2016.
This notification satisfies the Company's obligations under paragraph 9.6.14(2) of the Listing Rules
Hope he has time to fit us in his 'busy' schedule!|
|Not an expert on placings but would the fact that it's at 2 quid be keeping the share price in that area?|
|Fracking to go ahead should help CNA with it joint venture operations in Lancashire..........|
|Suadi Arabia's debt has been further down graded by Moodys. Expenditure exceeds their revinue apparently. Interesting times.|
Good point, bundle them together and create a meaningful portfolio.
On the other hand they would need to find a willing buyer at the right price.|
|May make existing assets easier to sell?|
|In light of recent statements farm out partnership would be a saving grace, but who knows .....is it woolly thinking?opportunistic expansion?start of a new strategy?.... with CNA we are in the dark|
|Maybe they will farm out part of the license? If they can find any partners.|
|8w - I agree. Thought they were moving away from oil/ gas assets. Are they allowed to sell on licences?|
|This move seems totally out of place with the strategy that was emerging, de-risking, playing to customer facing strengths, careful use of capex.
I really can't understand this move and has made me doubt whether there is a coherent business plan.
"Analyst" of course has an agenda, but I do agree with him.
|Seen it elsewhere. Not well received by the "analyst" who commented. EG
But, 8w, nothing on CNA website!|
|CNA awarded exploration licences by Norway..... In Barents Sea / Arctic Cirle. Surely some mistake? News item on HL...No RNS yet.|
|I must say MITCHY that gas/oil will over the coming years will become less of a profit center while the new acquisitions will become the new focus.
I am keeping a sharp eye on how the market sees this but I thought you may need to know as CNA wanted to and still do want out and capital back into paying down debt and releasing proceeds for working capital.
Hope this helps...........|
|Brent knocking on $50's door. The lack of investment in new wells is going to cause a massive spike in prices at some point in my opinion.Note too Conn ...DO NOT SELL ANY OIL ASSETS!Good Luck.|
|For those wanting to know more.
ENER-G Combined Power
With 30 years’ experience, ENER-G Combined Power undertakes Combined Heat and Power (CHP) projects from the initial design stage to the long term care of the installation.
Our commitment and dedication to the technology means we are the number one name in the cogeneration business across Europe.
ENER-G's cogeneration systems create electricity and heat simultaneously and reduce carbon emissions by around 20%, while cutting electricity costs by approximately one third.
Seems a good idea, environmentally. Not sure how much profit in it.|
|Don't know enough to comment on the latest acquisition but there's obviously a strategy behind it.
Brent now $49. Happy days
|Centrica acquires CHP business to enhance distributed energy offering
Centrica plc has acquired ENER-G Cogen International Limited (“ENER-G Cogen”), an established supplier and operator of combined heat and power (CHP) solutions, from ENER-G Holdings PLC for £145 million.
ENER-G Cogen has over 30 years’ experience and a strong track record in delivering end-to-end CHP solutions for industrial and commercial customers, and has around 1,400 units totalling over 500MW under contract with a growing customer book. The business operates predominantly in the UK but also has operations in the United States, Hungary, Italy, the Netherlands and Romania and has a strong, diverse customer base across private and public sectors. It also participates in Australia, Ireland, Japan, Canada and Turkey through sales partnerships with local entities. The acquisition of ENER-G Cogen will immediately contribute to cash flow and earnings.
The business will form part of Centrica’s new international Distributed Energy & Power business and complements Centrica’s existing capability in installing and managing distributed systems for customers in both the UK and US.|
|Oil looking good for 50$|
|Looks like they happy to keep it around the £2 placing price unless they decide to close that gap below if they do could be s great trading buy imo|
|I don't think he has a strategy.|
|Is the latest acquisition even making a profit, no pre tax figure given.
Not sure on this strategy at all.|
|Overall these must be my worst performing holding, but surprisingly I do start to feel we may be near to the bottom if the wider market holds reasonably steady. I guess a key element of the share price is the pronouncement on the credit rating. Does anyone know if there is a date we are moving towards or will the ratings review emerge in its own time ?|
|Brent back over $47 .|