Centrica Share Discussion Threads

[mitchy] 23/3/2014 23:18

Just noticed on the Accumulation/Distribution recording for the end of the week there was a huge buying spike. Is that Buffet stake building? He is always on the lookout for a bargain and Centrica's move to focusing on U.S may well have caught Berkshires interest. Centrica is certainly big enough to attract their attention!

[mitchy] 23/3/2014 23:03

Still not seeing anything other than a guesstimated 308 - 350 trading range.
But the 1% jump post bell 17M UT on Friday was a tad much even for a Friday in my opinion.

Could be the buy backs are really starting to make a difference. There's a loooong way to go on that score. Interesting times at Centrica..and that's saying something for one of the safest (re : boring)stocks on the market.

Good Luck.

[tamboerskloof] 23/3/2014 15:22

Ed Miliband's pledge to freeze gas and electricity bills for every home and business in Britain for 20 months if Labour wins the 2015 Election is set to be scuppered by a competition investigation into the sector ordered by the Coalition. They are due to report by the end of this month, but energy industry insiders and Whitehall sources reckon the report will call for a full review by the Competition and Markets Authority, a process which would take up to two years – well past the Election next year in May.

[mitchy] 22/3/2014 18:02

Pete..have seen moves outside of trading, of course, but never one that was so different to the closing price.

[karateboy] 22/3/2014 14:47

Any chance of CNA being taken into private hand? Is this big UT transaction anything to do with that?

[mitchy] 21/3/2014 22:30

What do we make of the 1% rise after the bell to 337.9p from a 17.5 M buy?
Buffet..China.. Russia ??

and there were further buys totalling another 1.5 M at 337.9p !? all 3p above the closing price ..sup?

[mitchy] 20/3/2014 19:46

Not much direction in the charts other than the guesstimated trading range of 308 - 350 .

[mitchy] 20/3/2014 17:50

You can't keep a good share down! On the Hargreaves broker round up for Centrica there's no strong sellers but 4 strong buyers..just saying.Good Luck

[tamboerskloof] 19/3/2014 11:22

So far so good, steady consistent gains; need a positive announcement in the Budget, come on George.

[mitchy] 19/3/2014 09:30

19 Mar 14 Centrica PLC Deutsche Bank Hold 335.55 300.00 300.00 Reiterates

[mitchy] 17/3/2014 18:45

There were 4 big trades which were marked as sells totaling 13M but the price refused to cave. Perhaps they weren't all sells. A buy can be recorded as a sell if timing of record is out which happens often on ADVFN.

[333pete] 17/3/2014 18:20

A £9M sell at 16:07!

[mitchy] 16/3/2014 23:24

..not forgetting the on going buy backs and tastey divi next month.

[mitchy] 16/3/2014 10:37

So, what now for CNA this coming week?

The Unkraine has to be the biggest mover on the market next week i'm guessing.
If sanctions over Oil and Gas from Russia are implemented or even seriously hinted at it could be to CNA's benefit but I really don't know.

We managed to claw a lot back last week but according to the 5 year chart ,post 'Millibanding' there is still a lot of upside to come.

The declaration by the CEO to focus more on U.S markets has lead to several upgrades with, I suspect, more to come. Expanding world wide would seem a logical path to follow for such a 'resourceful' (pun intended)company.

Good Luck.

[mitchy] 14/3/2014 16:47

A good week in a difficult market. Still seeing a target price of 350 at the top of the trading range in the short term. Support 306/8.

The Ukraineian monkey business adds an interesting dimension.Not sure what to make of it and how it might impact on CNA.

Good Luck.

[anley] 14/3/2014 15:12

It does NOT own BG which is a different business. Please do not confuse yourself and go on to Google and have a good read on just what BG does.

Just trying to help........

[karateboy] 14/3/2014 11:52

I bought some CNA shares for divi and future growth...one question I have. How come CNA owns BG (British Gas) with market value of £36b , while its own market value is only £17b....

[mitchy] 14/3/2014 11:05

Is Centrica PLC A Super Income Stock?By Peter Stephens - Friday, 14 March, 2014 | See also: CNACPYYY0inShareWith interest rates still at rock bottom and inflation being a persistent threat, shares such as Centrica(LSE: CNA) (NASDAQOTH: CPYYY.US) have proven to be very popular in recent years, as many investors have sought to generate additional income from their portfolio.Indeed, Centrica's yield of 5.3% makes it the 3rd highest yielding share on the FTSE 100. This is partly a result of shares having had a tough few months, with comments made by politicians surrounding the fate of the energy sector causing the share price to underperform the wider market.Much of this political risk now appears to be priced in, as can be seen in Centrica offering a yield that is over 50% better than that offered by the wider index (the FTSE 100?s yield is currently around 3.5%).However, what sets Centrica apart as a super income stock is not only its high yield, both on a standalone basis and relative to its peers, it is the increase in dividends per share that are forecast to come through over the next two years.Indeed, Centrica is forecast to increase dividends per share by 4.6% in 2014 and by 3.9% in 2015. With inflation being around 2% at the moment, Centrica appears to not only offer a great return to income-seeking investors (due to its high yield) but also an inflation-busting increase in dividends per share, too.Furthermore, Centrica is not struggling to make its dividend payments. It could have made them 1.5 times in 2013 and, looked at from another perspective, it could be argued that there is scope for dividends per share to be increased at an even faster rate than is forecast. While it currently pays out just under two-thirds of profit as a dividend, this proportion could be increased and leave shareholders with an even better yield while still leaving Centrica with sufficient capital to reinvest in the business.With shares currently trading on a price to earnings (P/E) ratio of just 12 (versus 13.5 for the FTSE 100) they appear to not only offer a great yield, but decent value, too. More importantly, though, impressive dividend per share growth and the potential to pay out a greater proportion of profits as a dividend mean that Centrica is a super income stock.Of course, Centrica isn't the only super income stock out there. That's why The Motley Fool has written a free and without obligation guide called How To Create Dividends For Life.It's a simple and straightforward way to improve the income generated by your portfolio.You can put it into use straightaway and it might just make 2014 an even better year for your portfolio

[mitchy] 14/3/2014 07:44

Labour's business credentials were dealt a blow in a note on the European energy market from HSBC yesterday. The bank said the decision of Centrica, British Gas's owner, to invest in the US rather than the UK has been "vindicated" by Ed Miliband's pledge last year to freeze energy prices if elected. Analysts said its shift "to higher-producing areas such as Norway and the US and away from the UK" justified its overweight rating, helping the company up 6.9p to 334.8p.HSBC also downgraded the energy provider SSE, off 8p at 1,417p, due to "increasing uncertainty about the implications of a Scottish referendum".Another day, another twist in Vodafone's attempted takeover of the Spanish cable operator Ono. After reports last week that it had tabled a second bid, thought to be between €7bn (£6bn) and €8bn, Ono's shareholders yesterday backed plans for a market listing in Madrid. The company's board are said to be still mulling the bid but it piles the pressure on Vodafone, down 5.15p to 224.4p, to up its offer.The FTSE 100 marked its fifth day of losses yesterday, down 67.12 points at 6,553.78, a five-week low. Retailers led the way down after dire results from WM Morrison spooked investors.One high street regular to make gains was the DIY group Kingfisher, up 4.5p to 407.4p, It was boosted by strong numbers from Home Retail Group, which rose 10.3p to 215.4p as it announced a sales boost at Homebase.Despite falling profits and job cuts, Numis was upbeat on Barclays yesterday, saying it is meeting regulators' capital requirements faster than expected. The bank clicked up 1.9p to 235.65p.On the mid-cap index, the online gambling group bwin.party made gains after revealing it was on track for a return to growth this year. Investors placed their chips on the table and the company rose 4.5p to 126.6p.The Aim-listed Equatorial Palm Oil and KEA Petroleum made big gains on City rumours of impending good news from both. Equatorial jumped 2.37p to 8.75p, while KEA added 0.62p to 2.92p.Gulf Keystone Petroleum slid 23.75p to 120.25p after lowering output guidance on its Shaikan site in Iraq

[mitchy] 13/3/2014 18:26

13 Mar 14Centrica PLC HSBC Overweight ....380.00 Upgrade

[mitchy] 13/3/2014 18:23

FTSE falls to five week low as Morrisons slumps, but Centrica climbsInvestors continue to be nervous over China, Ukraine and Fed taperingNick FletcherThursday 13 March 201416.52 GMTOn another down day for markets, with leading shares at a five week low, British Gas owner Centrica bucked the trend.Its shares added 6.9p to 334.8p after an upbeat note on the business from analysts at HSBC. They said political risks were decreasing, helped by plans to focus investment on the US rather than UK, and there was hidden value in its upstream assets. With an overweight rating and 380p target price, they said:It has been 12 months since Centrica's management announced a strategy announcement to focus investment on the US rather than the UK. This strategy was vindicated by the prospect of intervention in the UK supply market by the Labour party if elected to government in 2015 and the lack of political drive to offer attractive investment incentives for new gas-fired generation. At the full year results on 20 February, management pointed out that 20% of Centrica's customers are already on a fixed-price contract so progress has been made on encouraging customers to fix prices, which helps to mitigate political risk. 

[mitchy] 13/3/2014 14:10

VIDEO: Can Centrica PLC Benefit From The Ukraine Conflict?


By Motley Fool | Thu, 13th March 2014 - 11:00


Champion Shares PRO analysts Nate Weisshaar and Owain Bennallack take a look at a possible bigger-picture investing opportunity that might arise from the Russia/Ukraine conflict for Centrica (LSE:CNA) (NASDAQOTH: CPYYY.US).

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