Centrica Share Discussion Threads

[diohohku] 07/7/2020 09:38

Share price wander to update

[the grumpy old men] 07/7/2020 09:16

whatsup

you are on the wrong thread

[whatsup32] 07/7/2020 09:13

.

Thank you grumpy . Edited

[diohohku] 07/7/2020 08:54

ohoh you have point

[mroalan] 07/7/2020 08:45

now your getting there.

[ohoh] 07/7/2020 08:44

What's not clear to me is the companies growth plans, without this it seems its strategy is to batten down the hatches, cut costs and hope to remain solvent. If it can become the supplier of choice and by that I mean the cheapest on the market then I think it will grow its energy customer base. and then the skies the limit. But to be honest I don't know. It looks to be in a right mess.

[waldron] 06/7/2020 19:09

An upward trend might well suggest an evemtual resistence at 44.55p

[waldron] 06/7/2020 19:09

An upward trend might well suggest an evemtual resistence at 44.55p

[diohohku] 06/7/2020 19:01

diku or ohoh what is thought on CNA in future

[diohohku] 06/7/2020 16:24

hey Mercer share price to be good

[mroalan] 06/7/2020 16:06

yes well your going to be very disappointed young man.

[diohohku] 06/7/2020 15:54

I buy for divi in long run

[mroalan] 06/7/2020 15:33

Wald well you,ve got one out of two right,

In a trading update British Gas owner Centrica (CNA) said it had cancelled its final 2019 dividend of 3.5p, reduced capital expenditure by £400m as well as cutting bonuses in an effort to preserve cash. The shares fell 7% to 34.6p on the news and are down 60% over the last three months.

the rest of your post outlines my thoughts,its a rubbish co with only the great conn and the board making any money out of cna.

Don,t bother Merc Walds got it covered.

[ohoh] 06/7/2020 13:17

Fair enough.

Once we get the update all the bad news should be on the table.
Covid impact to business
Company reorg costs
Spirit sale etc
Nuclear sale
Price cap
....

[waldron] 06/7/2020 13:08

Strengths

The company shows low valuation levels, with an enterprise value at 0.25 times its sales.

This company will be of major interest to investors in search of a high dividend stock.

The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.

Weaknesses

The company has insufficient levels of profitability.

Sales estimates for the next fiscal years vary from one analyst to another.

This clearly highlights a lack of visibility into the company's future activity.
The group usually releases earnings worse than estimated.

With an expected P/E ratio at 725 and 6.16 respectively for both the current and next fiscal years, the company operates with high earnings multiples.

For the last four months, the sales outlook for the coming years has been revised downwards. No recovery of the group's activities is yet foreseen.

For the last twelve months, sales expectations have been significantly downgraded, which means that less important sales volumes are expected for the current fiscal year over the previous period.

For the last twelve months, the analysts covering the company have given a bearish overview of EPS estimates, resulting in frequent downward revisions.

For the last 12 months, analysts have been regularly downgrading their EPS expectations. Analysts predict worse results for the company against their predictions a year ago.

The underlying tendency is negative on the weekly chart below the resistance at 57 GBX

[waldron] 06/7/2020 13:06

Strengths

The company shows low valuation levels, with an enterprise value at 0.25 times its sales.

This company will be of major interest to investors in search of a high dividend stock.

The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.

Weaknesses

The company has insufficient levels of profitability.

Sales estimates for the next fiscal years vary from one analyst to another.

This clearly highlights a lack of visibility into the company's future activity.
The group usually releases earnings worse than estimated.

With an expected P/E ratio at 725 and 6.16 respectively for both the current and next fiscal years, the company operates with high earnings multiples.

For the last four months, the sales outlook for the coming years has been revised downwards. No recovery of the group's activities is yet foreseen.

For the last twelve months, sales expectations have been significantly downgraded, which means that less important sales volumes are expected for the current fiscal year over the previous period.

For the last twelve months, the analysts covering the company have given a bearish overview of EPS estimates, resulting in frequent downward revisions.

For the last 12 months, analysts have been regularly downgrading their EPS expectations. Analysts predict worse results for the company against their predictions a year ago.

The underlying tendency is negative on the weekly chart below the resistance at 57 GBX

[mroalan] 06/7/2020 12:54

Merc,i,ve got a minute or two could you kindly point the positives going forward.

[diku] 06/7/2020 12:46

And there are some who bark louder 24/7 here...

[nortic 007] 06/7/2020 12:15

They say every dog has his day !!

[mercer95] 06/7/2020 12:13

Badly burnt here Nortic, never say never though , Centrica still has plenty of positives. GLA

[diohohku] 06/7/2020 10:51

No wonder Discodave4 leave

[nortic 007] 06/7/2020 10:46

"Why do you let it bother you"Your words not mine. Doesn't bother me in the slightest but just pointing out a common theme.Good luck

[nortic 007] 06/7/2020 10:42

Hi ohohThanks for your thoughts..... much appreciated.

[diohohku] 06/7/2020 10:21

ohoh you buy more