Centrica Share Discussion Threads

[silverstool2] 05/10/2021 09:00

As Neil Pratley, The Guardian Finance, previously stated, Centrica left it far too late to tackle its problems; hence the continued decrease in the share price. The 3 and 5 year share charts tell the story. Woeful.

[discojason] 05/10/2021 08:52

Yep disc0dave45, the future not looking very good here.

[wigwammer] 05/10/2021 08:21

Jeez Waldron, can you not read properly? The £2998m fig is for 2020. Following a 97% reduction into 2021, it is now £93m. It's not a test :)

[waldron] 05/10/2021 08:17

nice to see

to see nice

it rise this morning

Centrica
58.54 +0.34%

[disc0dave45] 05/10/2021 08:10

£1.5bn pension deficit, £243m contribution in H1 alone. DE cash all gone paying debt+pension, where's their billions of Opex coming from?.

[waldron] 05/10/2021 08:02

Group net debt 2


£93m END OF JUNE 2021


£2,998m


(97%)

See notes 3, 4 and 9 to the Financial Statements and pages 65-68 for an explanation of the use of adjusted performance measures.



Chuckle and cheers

take care and enjoy yer day

[wigwammer] 05/10/2021 07:49

I can read the last report, thanks. Net debt £93m.

[waldron] 05/10/2021 07:37

WIG

Take a look at advfn key figures AND Long and Short Creditors



can however understand your comment

[wigwammer] 05/10/2021 07:21

Intelligenttrader/glen - too much debt??? - it has very little net debt. What you on about?

[discojason] 05/10/2021 07:16

Thanks to disc0dave45 for the info in his posts at 13:03 and 13:39 yesterday. Not looking good.

[wigwammer] 05/10/2021 07:12

Wow.. all these post event traders coming out the woodwork to tell us about their great profits.. who cares? ATB

[waldron] 05/10/2021 05:55

European markets head for positive open, brushing off Wall Street losses


Published Tue, Oct 5 202112:34 AM EDT
Holly Ellyatt
@HollyEllyatt
cnbc

Key Points

European stocks are expected to open in positive territory on Tuesday with regional investors brushing off Monday’s losses on Wall Street.

The U.K.’s FTSE index is seen opening 20 points higher at 7,033 and Germany’s DAX 41 points higher at 15,083, according to data from online trading platform IG.

France’s CAC 40 is set to trade 9 points higher at 6,491 and Italy’s FTSE MIB up 75 points at 25,191, IG showed.

[glenngladssilver] 05/10/2021 00:11

Diohohku, you seem to have disco on the brain.......disco this, disco that. Take a good look at and evaluate your life dio, maybe try gardening, walking, fishing?

[discojames4] 04/10/2021 23:18

CNA will need new customers to replace all those lost in recent months, due to the higher prices compared to rival suppliers. Higher prices is the reason I switched to EDF 3 years ago. This is on the road to ruin, best to ignore the rampers.

[silverstone_2] 04/10/2021 22:37

Ditch this CNA disaster, it's Saga all the way😍

[troyboy13] 04/10/2021 21:53

Just been on the uswitch website. They are currently unable to offer any switching options. People might be stuck with BG for a bit.

[glenngladssilver] 04/10/2021 21:40

Inferno, I think it's the right decision to take your profit. I'm with disc0dave on this one, Nationalisation is a distinct possibility. Centrica has too much debt. I've studied this but decided to avoid.

[discojack33] 04/10/2021 20:03

I beat you to it inferno. I took a punt and snapped up some at 46p. When I got home today I was very pleased to see it has risen to 58p. Great result in a short timeframe. I've decided to sell my shares tomorrow morning and take the profit, as I'm not sure the rise will be maintained. It may drift back as Centrica is likely to face a hard winter. I'm going to buy NEX as that looks undervalued at present. Good luck all.

[infernoep] 04/10/2021 19:18

The bears were calling 45p when CNA was originally 55p, so they got it right. I was one of them and bought at 47p. It's only just started to recover. For months it's been like a car trying to get up a hill with no engine, which keeps rolling back. Intend selling around 62p if it gets there. I've set a 55p stop loss to guarantee I come out with a nice profit.

[diohohku] 04/10/2021 19:16

Discojosh78 membership created yesterday, not another disco, oh well all these discos are turning out to be our lucky mascot!

[discojosh78] 04/10/2021 18:58

Any new BG customers will soon be leaving when they see what BG charge. Don't get locked in here. You'll regret it.