Centrica Share Discussion Threads

[esg investor] 01/8/2021 18:33

thanks, where are you getting the forecast eps 3.5p?

[disc0dave45] 01/8/2021 17:53

PE 17 (too expensive)
Forecast eps 3.5p although how they will achieve 25% growth is beyond me. Forward PE 13 (still a smidge too high IMO for a regulated minimal margin business).
Yep NAV 48p but price to tang book 5.5x and pension deficit us £1.5bn.
No financial guidance given by the BOD after 7 months into FY, no clear strategy (apart from management waffle) and an update to be provided in November!!.

[esg investor] 01/8/2021 15:10

This stock looks interesting. Noticed the share price plunge, so looked at results, expected to see a bad set of results. But the results look pretty good.

Debts almost wiped out and net assets more than doubled to 2,878. Looks like the stock now is trading below book value.

Is that free cash flow of 524 million really correct? That would be a 20% FCF yield for the first half alone?

Brokers forecasts trading on a PE of 7. Is this correct? Dont know any other stocks this cheap?

[careful] 01/8/2021 10:26

Replacement of gas boilers, home electric car charging.
Millions of customers.
There must be opportunities here.

My worst share by far, value of holding has shrunk.
Is there any hope here?
Or are the employees in charge, a legacy from the past.

Never seen such a decline in a utility.

Centrica must take the prize for one of the worst run companies ever..
Conn was a disaster, then finds a cosy billet at BT.

[disc0dave45] 01/8/2021 10:13

Think you should find out who owns and operates those assets, because it ain't CNA!.

[brut winky] 31/7/2021 23:36

Fancy a few if they dip any lower, i read a while ago that the pipe network alone is worth £1.5b and it would be used for hydrogen after gas. These have a future that for sure and could be a top performer over the next couple of years.

[action] 31/7/2021 11:52

90% buy. Maay be one more down day or 2.

[cleverinvester] 30/7/2021 14:23

Norma the other group is for nobs who only want to hear their own voice like yourself. Back to work now. I'm sure your on a half day bleeding CNA dry.

[cleverinvester] 30/7/2021 13:55

Norma your not even in a position to critical. Look at your own name ...Norma_stitts what kind of a name is that? LolWhy are you back? Nobody on the union group? The I AGREE WITH NORMA GROUP, and if you have a different opinion you get kicked off.

[cleverinvester] 30/7/2021 13:46

Norma why don't you pi- off back to your little union group. I hope your proud of yourself you and your engineers have destroyed the company.This is an example of why you don't give staff shares in a share incentive scheme .....Norma_stitts.

[wigwammer] 30/7/2021 13:36

The operating margin required to justify the current multiples is probably below 2%. I suspect for many smaller players, that isn't an environment they can live with indefinitely, nor is it a situation likely to attract a lot more competition. Centrica on the other hand, have a debt free balance sheet ex the pension deficit, and will likely retain a dominant share and market position when the haemorrhaging stops. NED recently purchased material amount above 50p. Environment for passing on spirit assets has improved immeasurably over the last year. Well done on your 30/40%. ATB :)

[ammu12] 30/7/2021 13:01

What happened to your technicians??Why did they signed the contracts ? Lol

[norma_stitts] 30/7/2021 13:00

I’ll entertain you as making you look foolish is second nature by now.

This is the only ID I’ve ever had on here. I don’t need to hide behind false aliases.

[ammu12] 30/7/2021 12:58

Norma titts What happened to your old id??

[ammu12] 30/7/2021 12:50

So what's wrong with that?You defo needs help. The technician unions is getting on you

[norma_stitts] 30/7/2021 12:47

Oh wow. You bought in the 30’s. Wow.

So you’ve held this for what, a year and a half and you’ve made about 30/40%? LMAO.

[ammu12] 30/7/2021 12:36

Reckon there is still another trade in this.Just waiting for the right buy in price.Norma titts I bought into the 30's so the only idiot is you who deramps here all day while we all make money.What happened to your old is Norma titts ?