Centrica Share Discussion Threads

[123qwer] 06/6/2014 15:54

These bid rumours guys, be careful i nearly got sucked in

[mitchy] 06/6/2014 15:15

Plenty of buyers out there , at least, which of course, usually heralds a move up.If we can finish circa 336 it'll probably break us out of the down trend of the last 9 months.Good Luck

[philo124] 06/6/2014 09:17

Yes, broker said he hadn't heard anything.

[unastubbs] 06/6/2014 09:14

well that ran out of steam pretty damn quick........

[philo124] 06/6/2014 08:20

Bought a bit more for ISA.

[philo124] 06/6/2014 06:36

Digital Look refers to "break up" of CNA.

[toolsmoker] 06/6/2014 06:34

Here we go

[mitchy] 06/6/2014 06:02

BID TALK !! Over £4MARKET REPORT: Centrica at the centre of rumours that the Qataris have offered to buy big lines of stock .By GEOFF FOSTERPUBLISHED: 22:35, 5 June 2014 | UPDATED: 22:35, 5 June 2014   Some very nosey buyers have been switching on to Centrica in recent days amid growing speculation that a cash-rich international buyer is looking to buy a sizeable stake, prior to launching a full-scale cash bid. It would certainly be a good time to pounce on the owner of British Gas as it appears to be in total disarray, with top management running for the exit in recent weeks. The shares retrieved an early fall to finish 0.8p better at 330.5p on gossip that the Qataris have approached Centrica's shareholders with an offer to buy big lines of stock at up to £4-plus a share.

[supermarky] 05/6/2014 22:43

Waiting for gsk 1550

[supermarky] 05/6/2014 22:42

Decided to sell last week at 335 as I feel this one could go either way. Watching carefully. Would be happy to re enter once things actually happen to the price. Its like watching paint dry!

[mitchy] 04/6/2014 16:33

Don't understand the falls of the last two days. By Monday close it had actually broken out of the down trend on my chart..just. Two days later it's almost 10 points down or 3% without any apparent reason. I'm thinking it's an energy sector thing but the buybacks have slowed to 0.75 M per day .Perhaps it's that..dunno.

[mitchy] 04/6/2014 10:27

04 Jun 14 Centrica PLC RBC Capital Markets Outperform 330.05 360.00 360.00 Reiterates

[mitchy] 01/6/2014 14:03

...plus it's only just moved over all of the moving averages.

[mitchy] 01/6/2014 14:01

Two ways to look at this chart..take your pick. It's either going to settle in the 306 - 350 trading range or fall off the edge of a cliff to circa 280.

With the forecasts for an increase in the divi and the share buy backs ongoing and now the DOW making new highs it's hard to envisage a big fall but who knows?

[mitchy] 30/5/2014 14:22

30 May 14Centrica PLCRBC Capital Markets Outperform 334.50 360.00 360.00 Reiterates30 May 14Centrica PLC Deutsche BankHold 334.50 290.00 290.00 Reiterates

[mitchy] 30/5/2014 06:39

DOW was up yesterday on easing of political tensions

[mitchy] 30/5/2014 06:35

Oh what a surprise. We reach the top of the trend line, selling after the bell yesterday and a broker who wants see 290 reiterates their hold rating. Coincidence? ?.yeah right..

[mitchy] 29/5/2014 19:40

Clearly still within the down trend...damn!

BUT.. as I've said in a previous post the share buy backs could still push us up through the ceiling of the down trend. That positive bias is working.
It maybe the slowest breakout in the history of the ftse but a breakout is a breakout!

[losos] 29/5/2014 15:14

mitchy - "Just a reminder..the dividend 'payment' date is 11th June."

Yes, Mrs Buffet (As you kindly refered to her)has promised to pay for a night out at a local hostelry of my choice. Even with a bottle or two of champers and a limo hire there will be plenty of change ha ha.

On a more serious note, in my view CNA will (as you said) fluctuate over the comming 12 months, the 'political' angle is impossible to predict, but (like you also said) people have to keep warm and cook their dinners so the need for CNA's product ain't going to disappear, it's not like a car manufacturer who is suddently faced with a competitors new model offering twice as many features for half the price.

I know that's overly simplistic but fact is the CNA share price could do all sorts of things, if you are a trader then that might make life difficult, but if you ain't then just sit back and let the dividends come in.

[mitchy] 29/5/2014 09:14

We're now above the 100 and 200 day moving averages and looking good to break out of the down trend at last.Will do a chart tonight.Good Luck.

[mac15] 29/5/2014 08:12

Maybe more resignations are needed as seems to help the sp!

[supermarky] 28/5/2014 20:24

Watch this space apparently.

[philo124] 28/5/2014 19:35

Everybody resigning according to sky news.