Centrica Share Discussion Threads

[discodave4] 30/5/2020 09:14

Hunterston reactor 3 should be back online Monday, will it for once go to plan?.

[discodave4] 30/5/2020 00:21

Are you NYB?"Another attack on 40p next week...."

[sbb1x] 30/5/2020 00:11

Blimey 2 posters seem to love each other on here Dow finished up 300 points since 4.30 close.Another attack on 40p next week....

[nortic 007] 29/5/2020 22:56

I'd do done homework before you start preaching and please don't be fooled by the child that shouts wolf !!!

[florenceorbis] 29/5/2020 21:31

British Gas Owner's 33-Year Reign in FTSE 100 Index Nears an End
Bloomberg News
Joe Easton and Lisa Pham

May 29, 2020
9:37 AM EDT


(Bloomberg) — British Gas’s more than three-decade connection to the U.K.’s blue-chip stock index looks set to come to an end after shares of parent Centrica Plc plunged by more than half this year.

Analysts expect Centrica to be demoted from the FTSE 100 benchmark in a quarterly re-shuffle next week. That would represent a moment of historical significance for a stock that under different names has been ever-present in the gauge since 1986, the year that the Conservative government of Margaret Thatcher privatized British Gas through an initial public offering.

The shares’ 56% slide this year has reduced the company’s market value to a level where it no longer passes the test to retain its position in the FTSE 100.

“Centrica’s ejection would cap a multi-year share-price slide that dates back to a peak of almost 400 pence in 2013,” Russ Mould, investment director at brokerage AJ Bell, said in emailed commentary. The stock closed on Thursday at 39.05 pence, valuing the business at 2.3 billion pounds ($2.8 billion).

According to guidelines from index provider FTSE Russell, a stock will be removed from the FTSE 100 if its market capitalization ranks 111 or below among eligible shares at the time of the re-balancing. At its current valuation, Centrica is the 140th biggest company on the FTSE All Share index. The next quarterly review will be based on June 2 closing prices and announced on June 3.

[sicker] 29/5/2020 21:15

NORTIC,
With the greatest of respect it is really time you GAVE READERS ON THIS BOARD A REST.
84 posts of complete rubbish since I last looked in.
Please grow up and move elsewhere.

[discodave4] 29/5/2020 20:09

Currently only CCL sits below this dog. Quick calcs and this needs to hit about 55p to stay in the FTSE100, assuming all others stay as is........the odds I would say are heavily against it.

[jeannettetigger] 29/5/2020 19:18

Double diku, Nortic has got you wrapped around his little finger! 😇

[discodave4] 29/5/2020 19:06

Live stream on Trumps speech about "China" today/now if anybody is interested. Could dictate Monday's action:Http://www.knau.org/post/live-stream-trump-addresses-chinas-actions-hong-kong