Centrica Share Discussion Threads

[tim 3] 20/10/2017 10:16

The mobile charging is far worse than the energy companies imo.

At the end of 2 years they are basically charging you for something you have already paid for at least here you are still getting the gas!

[capeview] 20/10/2017 10:01

@Supermarky, Like with energy firms, change to a provider that gives you better service and prices.

I don't use british gas as my supplier is far cheaper even than BG's cheapest tariff but i'll happily take the divi and any profit I can get from the shares.

For instance, Tesco mobile will reduce the price saving you having to change contract when your initial period has finished meaning you don't have the hassle.

Maybe Tesco should get in the Energy game if they haven't already.

[tim 3] 20/10/2017 09:19

I think a smallish cut may be priced in could even start a rally.

[mj19] 20/10/2017 09:12

Soon he may have to cut the divi

[supermarky] 20/10/2017 09:06

Markets always overshoot. How much more overshoot to the downside does this have to do? This is indeed a profitable company with many attractions.

[mj19] 20/10/2017 08:23

Can't stay up 1 lolJust to helpCentrica PLC (LON:CNA)'s stock had its "sell" rating reaffirmed by equities researchers at Deutsche Bank AG in a note issued to investors on Friday. They presently have a GBX 160 ($2.13) price target on the integrated energy company's stock. Deutsche Bank AG's target price suggests a potential downside of 6.98% from the company's current price.

[gaffer73] 20/10/2017 00:35

Justice, that's why I think CNA will be least affected by the government bill.

[dr biotech] 19/10/2017 21:16

Buybacks are a way of boosting the share price in the short term to make incompetent management look better than they are buy boosting the EPS. Leaves companies in long term debt and slows possible expansion. If you have excess capital, return it to shareholders via dividends.

[justiceforthemany] 19/10/2017 18:14

Centrica's average standard variable tariff is already the cheapest among the Big 6 and has the smallest differential to its cheapest overall tariff.

[justiceforthemany] 19/10/2017 18:12

16:49 172.05p 1,281,606 £2,204,956 Buy NT
15:35 172.20p 625,000 £1,076,250 Buy NK
The dividend must be maintained IMO. Buy backs only depress the share price further - just look at KGF, WPP, NG these past few months. Impact of any cap + bad sentiment overdone IMO. Should recover once attention is diverted.

[supermarky] 19/10/2017 15:30

Mr Conn should also tell a few home truths on the bbc about the useless mp idiots. Shareholders have watched this plummet from 400 to 170

[supermarky] 19/10/2017 15:16

I think cost savings and unfortunately job losses will spike the price higher. If cna says in the news this is all because of the mps that will be amazing

[nick rubens] 19/10/2017 12:59

To protect Shareholders Interests Centrica may have to look at cost cutting and that can mean job losses. Sainsbury's just announced such measures, though maybe it's just natural synergies with the Argos acquisition.

[gaffer73] 18/10/2017 18:38

If they cancelled the divi for a year they could buy back and cancel just short of 400m shares saving 47m a year. It would still leave 5bln shares so wouldn't really make an impact but I suspect the drop in the share price would be large. Long term they would save but it would need to be a long term strategy to really reduce the shares by any degree.

[portside1] 18/10/2017 15:57

excellent post

[capeview] 18/10/2017 15:36

Imagine if they sold of the Councils and run them like Private companies. We might actually have systems that work and save tax payers money as they wouldn't just squander it and waste the end of year budget on another bodge road works.

Or better yet, just make the Councils actually responsible for Tax Payers money and if it is just being wasted, then they get a budget reduction, meaning they can't just squander the end of year on silly projects that don't need doing.

[portside1] 18/10/2017 14:54

the question to ask gov why did your party sell off the elec gas water to be free of gov to then stop free enterprise ,
if you do not like the free market renationalise them ,

water is a bigger rip off than my elec or gas .

my internet is a rip off .in my view my party the con party is now unelectable for investors , so will never vote for the party again its pointless we may aswell have any scum running the cesspit

[portside1] 18/10/2017 14:37

CNA pay out at 12p 600.000.000 in divs they should cancel the div for 12 months and buy back the shares with the cash . that would reduce the cash paid out over the next few years , and have under 5b in issue it is common sense to buy back when the shares are cheap

[nortic 007] 18/10/2017 14:30

I HEAR WHAT YOU'RE SAYING SIR!!!

[portside1] 18/10/2017 14:23

IN MY VIEW CNA ARE CHEAP AND A COMPANY AS A CHANE TO BUY BACK BY REDUCING SHRES THEY SAVE MONEY ON NOT PAYING DIVS ON THOSE SHARES , ON ONE MILLION SHARES THAT SAVES 120K OVER TIME IT COST THE COMPANY NOTHING

[dr biotech] 18/10/2017 13:59

Last thing they need to do is to show they have excess capital to buy their own shares. What would that show to the regulator and politicians?

[anley] 18/10/2017 13:58

What a silly statement to make PORTSIDE when you are not in the position to make such a remark.

There are all sorts of reasons to buy back - cancel - or put in to treasury to be sold at a higher price - so please give us your benefit as to WHY you made this remark?

Look what GAFFER said as a start................

CNA has more to it than just British Gas - take a look at all the other divisions and work out the value of these businesses then value BG.

Food for thought........