Centrica Share Discussion Threads

[portside1] 13/12/2017 08:43

conn is a dud why as he not started a SHARE BUY BACK buying back stock at these levels is a winner for all , cancel the div and buy back 1.5b shares with the cash

THREE YEARS AND CONN AS DONE NOTHING TO STOP THE FALL IN THE share price M/C

BUT WHEN YOU READ THE REMUNERATION REPORT THE DIRECTORS ARE COVERED BY GIVING THEM MORE FREE SHARS TO COVER THE FALLING SP

ITS DISGRACEFUL
THE DIRECTORS HAVE LOST VERY LITTLE
THE REMUNERATION COMMITTEE HAVE SEEN TO THAT THEY DO NOT

[diku] 13/12/2017 08:05

It is a vote winning exercise...

[careful] 13/12/2017 07:59

some idiot Tory MP who is on the energy committee suggested yesterday that gas suppliers should not raise prices to customers despite a huge spike in gas prices.
..because it was not their fault.

What a moron, he knows nothing about business, what chance do we have.

[wi1l] 12/12/2017 17:48

Push it above 145 hopefully and then onwards and upwards.

[gswredland] 12/12/2017 16:49

Oil and gas prices up and cold weather - all good for CNA!

[nortic 007] 12/12/2017 14:08

Energy prices jump after explosion at gas hub in Austria

[capeview] 12/12/2017 12:50

Losos, #7054, I tend to turn heating down over night when it's needed to around 12 which is a comfortable number to sleep in. Any hotter and the body gets too hot and then you dont get a good nights sleep.

At least that way the temp in the house overnight hasn't dropped drastically which takes more time to heat up and probably more gas or other heating fuel.

Obviously, if you get really cold in the night then up the temp, but during the day I leave it on all the time set to about 18 and only turn it down a few degrees if we go out for a few hrs, because I always find as we walk back into the house, for us it's a more comfortable feeling than feeling like a sauna which you then find uncomfortable later on.

That's just how I do it, but when it's not this cold its hardly ever on.

[yump] 12/12/2017 12:47

Losos

Actually a chemical engineering friend of mine did the calcs. and it is absolutely not better to run the heating all the time - even for a day - I don't know where the heating engineers get that from. Its thermodynamically impossible. Far better to come into the house and put on some rapid convectors to get the rooms up to temperature in 15 mins while the central heating starts.

Part of the reason is that when you heat the room up the heat flows out through the walls following the temp. gradient, so any thoughts about cold walls making the room colder are nonsense - the heat is flowing in the opposite direction.

[justiceforthemany] 12/12/2017 11:28

Yes find it surprising that all the doom and gloom over lost customers and possible price caps gets all the coverage yet any impact from this would be more than covered by a rising oil price and higher E&P profits - which never gets a mention! In the oil industry a profit margin rising from say $5/barrel to $25/barrel is huge, especially if you are producing 50 million barrels +

[losos] 12/12/2017 11:23

yump - do I leave the heating on ?

Do what feels best for you, never ever do what some numpty who you've never met, likely never will meet, and who (in reality) couldn't give a dam about your personal circumstances.

Anyway most heating engineers I've spoken to say it's better to run the heating all the time even when away for days, just maybe turn the thermoset down a few degrees.

Where we used to live, in the winter, I just loaded up the boiler (with coal) and ran it 24 hours a day every day!!!

[justiceforthemany] 12/12/2017 11:18

Brent Crude now hitting $66. People forget this is still very important for Centrica with their E&P assets. Even a $20 rise from last year's oil prices could boost group profits by £500M+

[yump] 12/12/2017 09:55

Oh the guilt... its the old capitalism vs. the environment thing and I was horrified when Trump reneged on the climate change treaty... it is very cold though...

[cernunnus] 12/12/2017 09:26

Lol! Turn it up.

[yump] 12/12/2017 09:22

Well I have a major problem this morning as a holder of Centrica and getting my energy from them as well...

As I have to go out for at least half the day and I am fairly committed to behaving in an environmentally friendly way, do I leave the heating on ?

[portside1] 12/12/2017 09:05

come on CONN start a buy back you fool

[diku] 11/12/2017 23:19

Is the oppositions job to just oppose everything for the sake of opposing without an alternative plan?

[careful] 11/12/2017 23:15

it would not stop corbyn.
it would just give him an excuse to pick it up for nothing.

[muffinhead] 11/12/2017 22:54

If I was Mr Conn, I would put everything and the kitchen sink into the accounts and start reporting headline losses and redundancies

There is no other way of convincing current politicians to back off or stop Corbyn from nationalising the sector

[temmujin] 11/12/2017 21:22

ive discovered another 50 bagger..if you look at my research on Inspirit Energy INSP the takeover thread you will see the research is rock solid...i believe Centrica will buy them out for £50m plus...they bought out a similar firm for £145m a few years ago and this bioler technology is far superior..ive done all the hard work for you...price is 0.1p and market cap about £1m...and guess what Centrica announced today a new joint venture company with a norwegian firm...the name Spirit Energy!

[careful] 11/12/2017 18:27

We just want sensible regulation.
This would drive efficiency and investment and allow Centrica to make a fair return on capital invested.

It cannot be that difficult to regulate a company such as CNA.

[dr biotech] 11/12/2017 18:04

BG put up prices 12% earlier this year - about 70GBP per customer. I doubt they were losing £20 per customer before this. Unfortunately since privatisation the utilities have pulled the wool over the eyes of the regulator and now there is little trust in their figures.

And I'm a holder too.