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Share Name Share Symbol Market Type Share ISIN Share Description
Centrica Plc LSE:CNA London Ordinary Share GB00B033F229 ORD 6 14/81P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.16 0.27% 58.54 58.52 58.54 58.60 57.80 58.30 3,656,373 13:43:37
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Gas Water & Utilities 12,249.0 -577.0 41.0 1.4 3,420

Centrica Share Discussion Threads

Showing 36201 to 36223 of 37500 messages
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DateSubjectAuthorDiscuss
06/8/2021
16:55
There are no cheap tariffs on USwitch, I pay £65 per month with EOn Fixed, looked this morning at price comparison, I am paying less than any. Reason being it is summer, heating turned off permanently, just use gas for cooking and hot water, electricity for power. Maybe different ball game come late October, but use about £50 dual fuel currently per month incl. VAT and surcharge per day. Nothing avaliable, and they will raise contracts again after today’s announcement. So anyone off contract is done come 01/10.
bookbroker
06/8/2021
16:41
"All we need is proper regulation as say with the water companies.'.....yep that's what you've got."Regulation is for when there is no competition"....eh
disc0dave45
06/8/2021
16:36
Automatic switching is not true competition. We can't take money out of a private pension without the advice of a reputable financial advisor, sometimes people need educating. These start up cowboy suppliers are not competition. They should be made to offer their cheap prices for a decent period. Say 2 years minimum. Some of them quickly drove up their prices to avoid bankruptcy. They rely on consumer inertia and the prices they offer are loss leaders. Often their service is minimal. Energy should be regulated properly. Regulation is for when there is no competition. This is a big market and there were huge players in it. There was plenty of competition, but the political factor made rising energy prices an election issue. Johnson will face this issue on so called green policies such a ripping out gas boilers. Who will pay for that lot? The whole switching thing has been a disaster, thank goodness that is behind us now. All we need is proper regulation as say with the water companies. Not cowboy sort ups posing as serious energy suppliers.
careful
06/8/2021
15:49
So you don't believe that the industry should have been privatised in 1986 then?......ergo you think nationalisation and a single supplier is better?.Yep, you can't have your cake and eat it.Not wishing to get into the politics as we are where we are and CNA is a badly managed business in a sector that is highly regulated, the BOD need to deal with it but haven't the ability.
disc0dave45
06/8/2021
15:34
This unrealistic competition was started by Ed.Milliband. When energy prices rose it was unpopular with the voters. They do not understand the realities of the market. So he promised to put a cap on prices with talk of 'rip off' and 'energy poverty'. The BEEB showed pictures of very old poor people freezing because they could not afford heating bills. The hapless Theresa May had to join in and get tough on evil energy companies. The British public expect everything on the cheap. They could be in for a rude awakening post Covid. Johnsons £200bn spending splurge will have ended, we are at economic war with the EU. and things could get tough. They will find that green energy will be even more expensive, and that electric cars a luxury. Time for them to grow up. They are going to be poorer. You can't have your cake and eat it.
careful
06/8/2021
15:28
They have a regulatory obligation to offer their SVT customers a cheaper alternative, so they won't achieve the full price cap income.HTTPS://www.energyscanner.com/british-gas-standard-variable-tariff-svt/
disc0dave45
06/8/2021
15:21
Apparently customers still leaving CNA by the dozens. Many are fully stretched financially already, before the rises. Even the CE of Ofgem has recommended that consumers shop around for the best tariffs. CNA cannot afford to lose even more customers. Not looking good.
norma_noog
06/8/2021
15:21
In and out in a day making a penny and a bit profit. modern markets. Bet Fred, the stock market has replaced soccer now. when the fun stops, stop. Time to tax short term gains made in less than 1 month at a high rate. It used to be so. A transaction tax would kill off High frequency trading. Remember when the 'Hounslow Hound' crashed the Dow a few years ago? He wrote a program that traded the Dow 7 million times in a day, buy cancelled each trade nano seconds later that screwed up the pricing system. It he could do it acting alone, what do the big boys get up to?
careful
06/8/2021
14:58
Bought in at 47.72 today and cashed out at above 49. Nice £400 profit for half a day trading. Had entered on the basis of an increase over next 5days however bonus to take a lot earlier.
smartie6
06/8/2021
14:41
British Gas have 3.2m customers on their SVT, so the +£139 cap could generate about £4.5m additional profit, that's for a full 12 months and at some point Ofgem will reduce the cap. Taking the full £4.5m is better than nothing but hardly going to move the dial when you look at their additional costs, I.e. pension contribution alone this year will be £175m.
disc0dave45
06/8/2021
14:37
I can't understand why a certain person has to deramp CNA continually, i can only presume it makes him feel 'better' to mitigate his own failed investment strategy.
diohohku
06/8/2021
14:37
Centrica have a turnover of almost £10bn. The losses are small and getting smaller. It surprised me that the regulator allowed these small operators to exist at all. Some were buying cheap gas operating from their bedrooms. Not possible in the long run. when I found out that certain Tory MP's had their snouts in the trough the whole thing became clearer. Making Centrica pay a so called green levy and subsidies competitors further punished them. Made it difficult for them to compete. Yet Centrica had to secure significant long term supplies at the best price available. I think the worst is behind us now. The fact that I could trade oil, gas, copper from my bedroom, never seeing or using any of the stuff creates a gangsters opportunity. Hundreds of new suppliers, many gone bust. Holding here, Centrica are a serious player.
careful
06/8/2021
14:13
Legacy gas contract lost £57m so far in H1:'In addition, the remaining legacy gas contract relating to the Sole Pit gas field, which runs until 2025, remains out of the money at current commodity prices. Losses from the contract increased by GBP30m, from GBP27m to GBP57m, reflecting unfavourable movements in the pricing mechanism relative to the achieved UK NBP gas price.'
disc0dave45
06/8/2021
14:03
Their legacy gas contract lost £58m last FY, it's a long term contract to 2025 and forecast to be loss making for the remainder of the contract.Small suppliers benefit exactly the same as here with regards to an increased cap, if not more as margins are a lot better so can undercut BG.
disc0dave45
06/8/2021
13:58
Ofgem have announced that the level of the #EnergyPriceCap will increase by £139 from Oct 1st to £1,277
ammu12
06/8/2021
13:32
Announcement of huge energy price rises expected over the winter today. cap will rise. it has to as gas/ electricity prices have gone up. this could embarrass small cheap suppliers that buy customers because they have access to some cheap gas on the spot market. But this can be unreliable. Centrica have to secure significant long term supply for its customer base. This has worked against it recently. losses on legacy contracts were a feature of recent results. But spikes in energy prices can bankrupt the smaller operators. That is why many go bust. Things looking better for Centrica.
careful
06/8/2021
13:12
Crazy volume
ammu12
06/8/2021
12:57
massive volume! somethings up
tahmina1
06/8/2021
10:12
GOING UP!!!
ant_eater
05/8/2021
20:30
https://www.smart-energy.com/industry-sectors/electric-vehicles/centrica-and-con-edison-turn-brooklyn-lot-into-energy-innovation-hub/
the deacon
05/8/2021
17:17
Going up ant? It can't have much further to fall!!!!! There are also calls for nationalisation once again. It's not looking good as customers continue to leave for better, lower cost, providers. I'm afraid this share is going nowhere anytime soon. It will probably get back to 55-58p range at some point, but that's it. There are much better and more profitable share opportunities elsewhere. Best avoided.
norma_noog
05/8/2021
10:32
Calls for Nationalisation again:HTTPS://morningstaronline.co.uk/article/b/campaigners-repeat-demands-for-nationalisation-of-energy-utilities
disc0dave45
04/8/2021
17:08
Is that directed at me?Doesn't really matter, got enough now anyway ?
disc0dave45
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