Centrica Share Discussion Threads

[careful] 29/8/2017 09:17

BT/CNA the old established utilities are struggling.
The collapse in Stirling, a Brexit shambles and a leaderless Tory party.
No talent there to succeed the hapless May.

Corbyn is now a real threat, especially if the economy turns down as it will.
Hard to believe that those left wing policies such as nationalisation could be revived.
but it is possible.

Not good for companies such as Centrica.
The ignorance of an electorate who thought that 40 years of EU laws, all of which we negotiated, agreed to and passed through parliament,..they actually thought they could be untangled in a single day by voting out.
Now these same people will expect energy bills at below cost.

What a mess.

[optomistic] 29/8/2017 09:09

Once again bias on the TV. Last night on Sky News 'papers' the columnist was hitting out at British Gas increasing their price by 12.5%...no mention that BG did not increase their prices when the rest did last year! I see it written that BG are still cheaper than the other big 6, don't know myself because I don't check tariffs because they all level out in the end and I can do without all the hassle of changing over and then back again in a fee months time!

[optomistic] 29/8/2017 09:01

So if people change to that company it just shows how stupid they are.

[portside1] 29/8/2017 08:36

ofgem say its up to the customer to see if it better to switch to a no back up company , PEOPLES ENERGY HAVE NO BACK UP TO SOLVE ISSUSES

[portside1] 29/8/2017 08:33

so why are ofgem not stepping in to stop this company from a sham energy company

[portside1] 29/8/2017 08:32

peoples energy . new company but they will not change your metre will not respond to power cut , if you do have a old metre they will not pay to have a smart one
and if you have a smart metre any problems is your problem

[pineapple1] 26/8/2017 08:34

As the Tory govt rlies upon the DUP for its majority then maybe CNA investors still have residual worries that another election may be called at some point next 12-18m and that Labour will be victorious. Then Comrade Corbyn can go ahead and nationalise the power companies. I doubt they will be particulary generous to investors effected so perhaps the price where its at and lower towards the £1.60 level reflects this risk.
Can't see what news will be the catalyst for this to break out higher with all the political risks here although the noise from the press has quietened somewhat.
imho

[susiebe] 25/8/2017 17:05

Was always going to be a down day!People need their £s for the BH.Hope for better next week!

[walbrock82] 24/8/2017 11:15

Why hasn’t Centrica’s share price moved, despite raising electricity prices by 12.5% (it owned British Gas) for the first time since 2013?

The reason is the British Pound has fallen 20% against USD in 2016/17. This limit profit growth!

On a more serious note, Centrica’s share price saw no improvement since 2001! WHY?
One reason is ROCE has been declining.
To find out why ROCE has been falling and three more reasons why Centrica is struggling, then click

[gaffer73] 24/8/2017 09:25

All the big names have increased their electricity prices not just CNA. They are still one of the cheapest for dual fuel but for some reason they are always singled out as the worst.

[susiebe] 24/8/2017 08:56

Lurker,from AOL?It has been a difficult year for Centrica(LSE: CNA). The company's share price has declined by 14% since the start of the year, and its outlook appears to be somewhat uncertain. It is in the midst of major change and this may lead to further declines in investor sentiment. Furthermore, political risk is also relatively high and this could cause additional disappointment over the medium term.Despite this, a turnaround is achievable. In fact, a small-cap reported on Wednesday which has generated a 270% return in 2017 following a 90% fall in its share price over a two-year period. This shows that even for the biggest-falling shares, a recovery is possible.A changing businessOne catalyst to push the Centrica share price higher is its new strategy. It is seeking to move away to a large extent from its oil and gas activities. Instead, it will focus on energy services. This is likely to be a more stable industry in which to operate, and could mean that the business returns to being a popular income stock. In other words, with dividend investors highly valuing the reliability and resilience of their income streams, a more robust business model could justify a higher rating for the stock in the long run.As part of the company's new strategy, it is seeking to reduce costs. In the current year, it has already achieved half of its targeted £500m in cost reductions. More cuts are planned in future as it seeks to reduce net debt levels to between £2.5bn and £3bn by the end of the year. Lower debt should equate to lower balance sheet risk, which may create more certainty for investors and generate a higher rating for the company's stock price.News flowOf course, Centrica's progress has been hampered somewhat by negative news flow in recent months. Increasing support for the Labour Party has meant the threat of nationalisation is now higher. Similarly, increasing electricity prices for consumers has also arguably made political risk higher for the business. Both of these issues could hold the company's share price back, although the reality is that rising profitability, lower costs and lower debt levels could offset the company's risks and allow it to deliver improved share price performance.

[lurker] 24/8/2017 08:51

Mitchy please explain your last post, thanks

[mitchy] 24/8/2017 08:15

AOL bigging up cna.

[11_percent] 24/8/2017 03:53

No, it can't get off 200.

[gaffer73] 23/8/2017 23:15

Cold winter on its way, CNA back to 230p+

[mitchy] 23/8/2017 17:03

Tesco beaten up price on its way back.Centrica beaten up price going nowhere.

[lurker] 23/8/2017 11:17

Tesco P/e 27...no dividend

Centrica p/e 12...div 6%

Looks simple to me! Please explain mitchy, thank you

[mitchy] 23/8/2017 10:20

Actually no, I'd be loading the boat with Tesco at the moment.

[action] 23/8/2017 09:26

GaryOut in the morning with small profit

[action] 21/8/2017 12:35

Waiting for reentry point on Itv and SSE and BP

[action] 21/8/2017 12:33

Ma y thanks Garry

[garycook] 21/8/2017 12:18

BP,GSK,ITV,PFC,RDSB,& SSE,all better value,and far better yields except GSK 5.4%.Take your pick.Highly recommend PFC for speculation,and far superior growth and dividend,than CNA,but wait until the PFC Interims 30/08.

[action] 21/8/2017 11:51

GarycookAny suggestions pls