Centrica Share Discussion Threads

[russell250] 25/11/2017 13:39

I bought this share on Thursday 4 separate buys from 134-139

this is bottom fishing - without a doubt Conn has lost shareholder value since taking over -

the recent news shows losing touch of the USA business - and serious questions should be asked

the loss of 823k uk customers was greed combined with the arrogance of the 12.5% increase in electricity prices - 640k were group customers definite low margin return.

if the UK loss of customers was of low margin its still a loss

the dividend has been guaranteed for this year - at current price 8.7%

if the uk business is in decent shape as claimed as stated in lex on Friday the price should recover.

will it split into two separate companies ?

the proposal of no standard variable to new customers should allay some fears also take government off its back

further price increases for sector soon - if oil continues to rise which is expected with opec extension pending Saudi float --
a takeover target if it fell much further -

the dividend may be at risk next year -

consolidation in the industry - as seen with sse/npower

but despite its arrogance still number one -

I see a gradual move back to 150/160 -- if it falls I will wait for dividend

on RSI FRIday was 19% which is a huge signal of bottom fishing

when negative press drops - this will creep up

[careful] 25/11/2017 13:26

the market looks steady.
but so many shares, CLLN,CNA,BT,MKS have more than halved.
My portfolio is a train wreck. (no clln though)

..but if I look at turnover, dividends, cash flow these businesses are quite steady.

Market prices should be ignored.
The plaything of high frequency traders and hedge funds.
Rigged and manipulatd.

[champian] 25/11/2017 13:05

There is an interesting article in The mail today.
It mentions about dividend cut in 2019 and may be a takeover target.

[richj5000] 25/11/2017 10:39

Gaffer, why are they paying the CEO £4m when I'm sure you would do it for £2m?

[careful] 25/11/2017 10:17

nothing will happen until the government publishes its paper on energy pricing.
Big things are going on in this shambolic market.

HMG committed to the cripplingly expensive, French built nuclear plant at Hinkley point.
Also their green credentials cost money with those damned uneconomic windmills everywhere.
Who pays?, Centrica customers in part through the outrageous green levy.
Then to top it all, HMG wants to be popular by making Centrica provide energy at below cost.

This is the tories version of state control and nationalisation.
They are the high 'stealth' tax party now.

[gregpeck7] 25/11/2017 09:43

Conn needs to buy a million shares next week to show his faith.

[gaffer73] 25/11/2017 09:26

They should also take advantage of the drop and buy back all the script divi's they are issuing next week.

[gaffer73] 25/11/2017 08:44

They really need to look at the business model and make some major changes here now. The loss of customers is unacceptable and needs addressed urgently. CNA have the largest market share so there is no reason why they can't offer the best deals. This needs sorted as a priority, even above maintaining the divi.

[holts] 24/11/2017 22:36

Divi cut is certainly on the horizon if they can not stop losing customers , but the other spectre is the tool Corbyn and co .

[minerve] 24/11/2017 17:24

I think it is premature to say that the costs of servicing debt will increase. They are still able to reduce their debt. It is the dividend that is more in question. I think the UK government are more likely to get a Moody's downgrade than Centrica.

[mitchy] 24/11/2017 17:05

Short covering. It'll be down again on Monday. Centric is basically worthless. The government are intent on making Centricaa non profit making company and they won't stop until they do. It will mean that the debt cna carry can never be cleared making itworthless. No investor is going take on British Gas or cna for more than £1. Expect downgrade from Moods and brokers. The cost of servicing the debt will increase dramatically and the only way to pay for it will be to dump more paper on the market.Centrica is DEAD. DO NOT THROW MORE GOOD MONEY AFTER BAD. CENTRICA IS A DEAD DOG WALKING.Good Luck.

[mnomis] 24/11/2017 16:51

I picked up a few yesterday. Happy to hold at this level. All the analysts were always going to cut today once the horse had bolted ...

[nortic 007] 24/11/2017 16:31

Take a screen shot for memories sake :)

[careful] 24/11/2017 16:29

something wrong with my computer.
What is that strange blue number in my CNA share price movement column.
it has always been red in the past.

[knowing] 24/11/2017 16:25

Suppose we could use the opposite tactic

hxxps://www.solarpowerportal.co.uk/news/distributed_power_could_provide_multi_billion_pound_boost_for_economy_centr?utm_source=rss-feeds&;utm_medium=rss&utm_campaign=general

[andycapp1] 24/11/2017 16:20

With the greatest of respect what on earth does that have to do with the current sum of parts?? You cant use a balance sheet number to derive what the assets and its resultant cashflows are worth to someone else? If you look at a 10MW windfarm which cost, say, £12m to build - so it is in the balance sheet for £12m - it isn't worth £12m!!Depending on wind etc it might be worth £24m+. Ditto a CCGT or offshore windfarm. The B/S value is meaningless!

[portside1] 24/11/2017 16:14

CAPE HAVE NEVER IN THE LAST 4 YEARS SEEN ANY BG IN ANY SHAPE TRYING TO SIGN UP CUSTOMERS , conn must act or go . I would get the share price over 300p in 4 weeks and get customers coming to bg

[capeview] 24/11/2017 15:58

It's also not very ethical to be negative against your competition, because that person if true, is a Rep for EDF and can be bad press for EDF and leave people thinking 'Why would I be with a company with customer reps like that'. Not that I find that a bad thing as I never really liked EDF anyway.

Trouble is, they own so much of the energy production for the UK, which is why we need more of BG along with other suppliers of alternative energy to get us away from just one big energy firm that does all.

[portside1] 24/11/2017 15:53

EVER WEEK IN MY LOCAL MALL EITHER SSE OR EDF TOUTING TELLING PEOPLE OR ASKING PEOPLE ARE YOU WITH RIP OFF BG , I REPORTED EDF TO THE CENTRE MANAGER AND SAID I WANT TO BE THEIR WHEN YOU CHALLENGE THIS PERSON AND I WAS HE WAS BREAKING THE LAW AND WAS REMOVED FROM THE MALL

[portside1] 24/11/2017 15:46

the fact are clear for 6 months they have been losing customers and done nothing

that is bad news and still silent on what actions they are going to take

CONN GET IN TOUCH WITH ME AND I WILL SOLVE YOUR PROBLEMS FOR FREE

[portside1] 24/11/2017 15:43

NG ADVERT ON TV BUT NO ADVERT ATTEMPTING TO GETTING ENERGY CUSTOMERS

I THINK ITS TIME TO REMOVE THE BOARD , IF THEIR IS NO ACTION ON GETTING CUSTOMERS BACK
THEY ARE ATTEMPTING TO GET NEW HOMCARE CUSTOMERS AND NOT LOOKING AFTER THE ONES THEY HAVE THEY NEED TO KEEP HOLD OF THEIR PRSENT CUSTOMERS BUT THEY ARE NOT ,
MORE POOR PR FOR EXISTING CUSTOMERS

[knowing] 24/11/2017 15:38

It's rising so NY Boy must have bought in