Centrica Share Discussion Threads

[brut winky] 23/9/2021 16:17

Soon these will start to pick up momentum and breakout traders, look a no brainer to me and over weight to point of 50% of my portfolio, looking to bag quickly and get back into the top 100 within 16 months.
Even if lock down happens again these will still win,still nuclear to be really factored in and assets to ditch and add to the balance sheet.

[mroalan] 23/9/2021 15:02

I,m confused here,say prices have doubled but the cap remains how does a gas co manage to stay in business? perhaps hedged at a previous price? but if it keeps rising above there hedge what then?

[careful] 23/9/2021 11:49

This gas price spike is a game changer.
Many of the smaller cowboys are going bust.

Operating from their garage in some cases these cowboys were encouraged to buy cheap gas on the spot market and undercut the big players.
These spivs won over millions of new customers, never bothered to hedge, no overheads.

Now they are deservedly going bust.
Already the Government are talking of a windfall tax on large companies who only a few months ago they were trying to destroy.

The public will have to learn that even if they are poor, gas prices are going up.
That is the realty of living in World where the population is 7bn+ and many are suffering from energy poverty.

I am holding Centrica, at last it may be appreciated.

[priteshpatel9] 23/9/2021 11:38

True story. Part of me also thinks that people will now stick to the big 6 than to take risks going with alternatives.

[diohohku] 23/9/2021 11:35

priteshpatel9 you would think they would leave but not necessary, people become very complacent in life and are lazy. Also they will be comforted with knowing Centrica is the one of the biggest suppliers out there and the chances of it folding are slim.

[priteshpatel9] 23/9/2021 11:07

How do they benefit? These are customers who will leave in the first instance as they'll be put on poor tariffs to begin with.

[warranty] 23/9/2021 11:05

Any chance of this reinstating a dividend yet? They should certainly benefit from the increase in customers from the fly by night companies going bust?

[brut winky] 23/9/2021 10:06

These look like they might extend to 0.68 and bag within 6 months.

[waldron] 23/9/2021 09:42

hifc

seems reasonable

compared it with tullow

[waldron] 23/9/2021 09:33

hifc231
23 Sep '21 - 09:16 - 31941 of 31941
0 0 0
According to this shorts tracker, there are no current Shorts on CNA, looks like the last got out in June ..... if accurate.

[hifc231] 23/9/2021 09:16

According to this shorts tracker, there are no current Shorts on CNA, looks like the last got out in June ..... if accurate.

hxxps://www.shortics.com/centrica

[hifc231] 23/9/2021 08:48

Gone up a bit for Centrica, but over the last few days, lots of other shares with much more free movement than this restrained thing have moved a lot higher percentage wise. Centrica is still stuck in this 50-55p rut and probably will be until the 16th November when the market decides up or down based on their strategy.

Don't hold your breath.... come next week she will be down to 50 - 52p ish as these things never last more than a week.

Always surprises me though, that lots of other firms with more dodgy financials are back to their pre-plandemic prices, yet Centrica isn't back to 90-95p, even with near-zero debt.

[supermarky] 23/9/2021 08:41

looking good here at the moment

[waldron] 23/9/2021 07:29

Published Thu, Sep 23 202112:22 AM EDT

Holly Ellyatt
@HollyEllyatt
cnbc

Key Points

European stocks are expected to open higher Thursday as global markets react to the latest statements from the U.S. Federal Reserve in which it said it was not ready to taper monetary stimulus yet.

Britain’s FTSE is seen opening 25 points higher at 7,101, Germany’s DAX 71 points higher at 15,561, France’s CAC 40 up 27 points at 6,657 and Italy’s FTSE MIB 97 points higher at 25,490, according to IG data.

[brut winky] 22/9/2021 17:50

Bulb has 1.9m customers, Centrica may have some more to pick up yet.

[pally12] 22/9/2021 13:23

Energy crisis: Soaring gas prices may not be temporary and more suppliers could go bust, Ofgem chief warns

[grahamite2] 22/9/2021 09:40

A lot of older people, in particular, will surely be thinking about prioritizing security over price. No sense being the richest man in the graveyard.

If there were a massive flight to safety, Centrica might be able to bring forward a resumption of dividends.

[waldron] 22/9/2021 07:23

European stocks head for higher open as markets prepare for Fed update

Published Wed, Sep 22 202112:21 AM EDT

Holly Ellyatt
@HollyEllyatt
cnbc


Key Points

European stocks are expected to open higher on Wednesday as global investors await the outcome of the latest meeting of the U.S. Federal Reserve and as tensions ease over embattled Chinese property developer Evergrande.

Britain’s FTSE is seen opening 16 points higher at 6,985, Germany’s DAX 52 points higher at 15,364, France’s CAC 40 up 28 points at 6,566 and Italy’s FTSE MIB 11 points higher at 25,059, according to IG.

[skinny] 21/9/2021 09:23

Highest share price since June - 54.62p

[hifc231] 21/9/2021 09:12

Not sure if its an old post, but "Simply wall Street" has this down as £2.24 as a fair value lol if only........... we live in a fantasy of unjustified hope....

hxxps://simplywall.st/stocks/gb/utilities/lse-cna/centrica-shares#intrinsic-value

[welshwiz] 21/9/2021 09:04

CNA are in a perfect storm.
£££££££££££