Centrica Share Discussion Threads

[supermarky] 08/4/2014 18:30

Because x divi is due very shortly.

[mroalan] 08/4/2014 18:18

Volume has been LARGE, something afoot.

[mitchy] 08/4/2014 16:06

Looks like some serious buyers out there for CNA. People looking for a high dividend safe haven? Perhaps disgruntled LLOY holders fed up with no divi?
Or something else? Can't find anything in the news of note to account for a rising share price on a couple of grim market days. Anyone else find anything?

[mitchy] 08/4/2014 13:10

CNA Key Dates for 2014

Dividends

Final Ex-Dividend Date 23-Apr-2014
Final Dividend Payment Date 11-Jun-2014

[nabzi786] 08/4/2014 10:12

22nd april I beleive

[pritijay] 08/4/2014 08:28

what is the ex-divi date. TIA

[mitchy] 07/4/2014 22:10

07 Apr 14 Centrica PLC Citigroup Neutral 334.80 340.00 340.00 Reiterates

[mitchy] 07/4/2014 16:21

Motley fool recommend Centrica is still a buy...



Despite political scrutiny Centrica's shares continue to trade at a relatively stable valuation. Specifically, the company's shares currently trade at a forward P/E of 13.2, compared to a five-year historic average of 12.6.

However, according Goldman Sachs, at present levels, Centrica's share price does not reflect the potential of company's international operations. As a result, Goldman believes that a break up of Centrica would be good for the company as the newly separated international operations, free of political scrutiny would attract a higher valuation.

This implies that whether or not a break up goes ahead, it is likely that Centrica's shares can move higher.

Motley Fool summary

So overall, I feel that there is still time to buy Centrica

[mac15] 07/4/2014 13:38

Impressive rise on a bad day!

[mitchy] 06/4/2014 23:27

my guesstimate for the next week is we are going to see a short covering rally the closer we get to the ex divi date..topping out at circa 350p. No ramp intended..just me idle musings.

[mitchy] 06/4/2014 10:45

Not a lot to comment on chart or CNA's progress.Would like to mention CEO's free shares but to much of a gentleman.

[supermarky] 05/4/2014 20:34

Xd getting closer.....

[mitchy] 04/4/2014 06:50

04 Apr 14Centrica PLC Citigroup Neutral330.00 340.00 340.00 Reiterates

[philo124] 03/4/2014 18:49

CEO was just on sky news interview- missed what he was saying; anyone hear it?

[mitchy] 02/4/2014 17:18

Possible narrow uptrend? ..not sure. The buy backs continue apace with much further to go and this is now dividend month. So, some positives. I was expecting more of a response in the share price to the fracking news. Not sure why that didn't happen either. It's said production wont start earlier than 2016 so perhaps that's why the market didn't react more favourably.
Cameron wants it within 12 months...lol yeah right.."aint appnin dude"..

[mitchy] 02/4/2014 06:34

New fracking rules ,announced today ,making it easier to recover gas and oil. This should give the spa boost.

[mitchy] 31/3/2014 22:27

Still only seeing a trading range between 306/8 and 350 from the chart.

[supermarky] 31/3/2014 14:04

Bought some more for the divi

[mitchy] 31/3/2014 12:43

Competition Enquiry Makes Centrica PLC A HoldBy Motley Fool | Mon, 31st March 2014 - 11:00There's good news and bad news for Centrica (LSE:CNA) (NASDAQOTH: CPYYY.US) in regulator Ofgem's call for an enquiry by the Competition and Markets Authority. TrashedThe once-solid investment case - a vertically integrated utility with a substantial market share in a stable economy - has been trashed in the last 12 months. Indifference toward investment by the Tories, a proposed price freeze from Labour and calls for the sector to be broken up into companies whose "value proposition is to save households energy" by the Lib Dems have turned investment in the sector into a bet on the result of a political football match.Positively, the referral does take the heat off the Big Six energy companies in the run up to and aftermath of next year's General Election, as the investigation should protect them from any nasty surprises. In the last two weeks the life assurance sector has shown just how vulnerable to government action share prices can be.SoberWhat's more, the consequences of a competition review may not be especially adverse. Whilst critics point to the fat 11% margin Centrica made on gas supply in 2012, the same year it made a loss of 1.6% on electricity supply. Competition investigations are soundly based on law and economics: many sober commentators think the sector would get a relatively clean bill of health on margins.Companies must make profits in order to invest. Centrica CEO Sam Laidlaw has come out fighting, delaying investment in much-needed gas-fired generating plant the day after Ofgem's referral. He's not the first industry expert to talk of black-outs. If we are facing 1970s-style rationing by the time the competition authority reports the political mood-music would be different.The CEO of SSE, Alistair Phillips-Davies, has taken a more subtle approach with a pre-emptive self-imposed price freeze. But the message of his actions was, if anything, more powerful: controlled prices means job cuts, asset sales, reduced investment, and a focus on what government adds to energy bills. VAT and green taxes on the average fuel bill are double operators' profits.Break-up and BreakdownA bigger 'risk' for the sector is that a competition enquiry would demand a break-up of upstream and downstream operations. But Centrica's house broker Goldman Sachs, for one, thinks a break-up would be good for shareholders, though bad for customers. It would expose energy consumers to greater commodity risks but highlight the sum-of-the-parts valuation of the company. Politicians should be careful what they wish for.Of course the breakdown of trust is a negative factor, and Centrica's investment strike will slow profit growth. It may compensate by increasing emphasis on international operations. It has recently bought the retail arm of the Irish state gas company and committed to expand in North America.What happens to Centrica's share price will be determined by realities and rhetoric. But you can be certain that management will fight hard to maintain the dividend, which on the current price is a thumping 5.5% yield.

[mitchy] 31/3/2014 10:59

Nice spike at 11.30 . I'm guessing that was 'witching hour' or some such?

[anley] 31/3/2014 08:29

MITCHY.....what you propose in good faith is not logistical possible until smart meters are in every home.

I have just signed up with B Gas for their smart home system only to be told to wait..................that's only part of the problem.

Nevertheless I am sure all the energy companies are working on long term solutions and what has happened in the last few weeks has been a wake up call.

[mitchy] 28/3/2014 23:30

Must say that Laidlaw came across very well in front of the camera this last week. He wasn't intimidated at all. Me thinks he is exactly the man we need at this troubled time and I've got a feeling the city are of the same opinion.

When all the dust settles i'm guessing the only answer to the price of our gas and electricity is going to follow something along the lines of petrol. That changes from day to day..why not all energy?
Holding it rigid and fixed ,as Labour propose, is totally the wrong way to go in my opinion.

[mitchy] 28/3/2014 23:22

28 Mar 14 Centrica PLC Goldman Sachs Buy 328.60 - - Reiterates
28 Mar 14 Centrica PLC JP Morgan Cazenove Neutral 328.60 - - Reiterates
28 Mar 14 Centrica PLC Deutsche Bank Hold 328.60 300.00 300.00 Reiterates

[mitchy] 28/3/2014 07:41

In some ways the recent media attention may workto our advantage. We are now suspected of making huge profits!