Centrica Share Discussion Threads

[wipo1] 06/12/2013 23:28

Utilities out of favour. Sometimes it pays off to buy stuff out of favour that the market has wrongly oversold. But I guess you have to wait until we start seeing the shares going back up before buying?

[scotches] 06/12/2013 21:34

>>>Don't like being stuck in a hole (341p) but if they can hold their divi at circa 5% and as earnings, at worst, are flat there's no real reason for the decline in the share price

Yes seems good divi value and I would like to buy - but how about five years of hard Labour anti-utility on the horizon. What price factors that in fully?

[mitchy] 06/12/2013 20:04

GLG of MAN group were adding CNA which is one of the main reasons I was investing here.
Don't like being stuck in a hole (341p) but if they can hold their divi at circa 5% and as earnings, at worst, are flat there's no real reason for the decline in the share price They look to be under fair value now. HOLD.
Good Luck

[wipo1] 06/12/2013 19:18

I remember a big fund sold CNA to citybank a few years ago for around 280p? So citybank might be offloading now? I am staying out for now. Looking to put funds into XOM,TOT(US) and CLLN here. Will look at CNA again when the downtrend stops.

[mitchy] 06/12/2013 17:47

30 M sell . Perhaps we can start going back up now.

[mitchy] 06/12/2013 15:21

Can't find any reason for Cenrica's slide today in an upbeat market other than the article from yeasterday..

Telegraph Thur 5/12/13 -

Centrica's plan for a £2bn wind farm off the coast of Norfolk has been snubbed by ministers, who rejected a request for it to qualify as one of the first wave of new energy projects.

[mitchy] 06/12/2013 14:08

06 Dec 13 Liberum Centrica PLC   440......440 reiterates

[wipo1] 06/12/2013 12:45

Still going down,looks like 320p soon.

[mitchy] 05/12/2013 14:16

Electrifying Growth anticipated in 2014?http://www.fool.co.uk/news/investing/2013/12/03/is-centrica-plc-set-for-electrifying-earnings-growth-in-2014.aspx

[mitchy] 05/12/2013 09:34

05 Dec 13 Centrica PLC Credit Suisse Underperform 332.70 300.00 300.00 Reiterates

[mitchy] 05/12/2013 07:54

5 Dec 13Centrica PLCJP Morgan CazenoveNeutral340.00355.00-Reiterates

[mitchy] 04/12/2013 16:41

331p...yep, A bounce Thursday ? Good Luck.

[mitchy] 04/12/2013 16:01

Yes..could be 333..chart isn't that precise.

[wipo1] 04/12/2013 15:34

Mitchy - I thought 333p, Bounced Off this a few times. Tempted to get back in

[mitchy] 04/12/2013 13:30

Support circa 331p

[mitchy] 04/12/2013 13:29

03 Dec 13 Centrica PLC Deutsche Bank Hold 332.90 315.00 315.00 Reiterates
02 Dec 13 Centrica PLC Credit Suisse Underperform 332.90 300.00 300.00 Reiterates
02 Dec 13 Centrica PLC Deutsche Bank Hold 332.90 430.00 315.00 Downgrades

significant downgrade by Deutsche Bank from 430p to 315p after lowering charges but it's still a hold rather than a sell which is slightly confusing.

[mitchy] 04/12/2013 09:34

The U.S market is the toughest but they knew what they were getting into. I have every confidence inthe management team to succeed .

[essentialinvestor] 03/12/2013 12:17

It would be good if they stopped buying companies for a couple of years.

They have invested heavily in supply to the US business market and now
we appear to be informed that this market is growing increasingly competitive.

[mitchy] 03/12/2013 12:06

FTSE down because economies of the world are doing well !!..crazy world

[mroalan] 03/12/2013 11:46

3rd batch & 335

[mitchy] 01/12/2013 11:02

The double bottom is even clearer on the U.S listing for centrica cpyyy

[mitchy] 01/12/2013 10:48

On the chart we have some levelling out at current price,perhaps a double bottom (green circle) with support at 331p (red circle).
Trend ceiling 359p (blue circle).