Centrica Share Discussion Threads

[essentialinvestor] 10/10/2017 17:18

Saw the Scotland news.

[1fox1] 10/10/2017 17:17

Not up to you big boys standard but bought 10,000 shares today. What's not to like? I'm a long term income man. Can't go wrong at these levels.

[bookbroker] 10/10/2017 13:51

Easy to re-enter!

[portside1] 10/10/2017 13:50

ny one selling these at this level is daft soon be back above200p by xmas looking at 220p

[bookbroker] 10/10/2017 13:45

I’ve sold on the basis of not really having a clue where this will go from here, the price cap seems unquantifiable at the current time, risen most likely on dividend hunters today and tomorrow, wait and watch from side!

[rathean] 10/10/2017 13:00

@kiwi this is a value play, any cap wouldn't be put in force for at least a year and probably delayed to use as a manifesto promise in 2019. Fundamentals are sound, oversold for reasons not immediately obvious

[losses] 10/10/2017 11:53

Could potentially get into mid 180s on this push.

[losses] 10/10/2017 11:45

Are all 14 million customers U.K. Based?

[justiceforthemany] 10/10/2017 11:32

Come on you can do better sums than that surely? You are way off.

[kiwi2007] 10/10/2017 11:08

Looked at this as a value play but:

Price cap - expected to save around 7 out of 10 customers £100 a year.

CNA - 7/10 of 14 million customers = 9.6 million all saving 100 GBPounds = 960 million straight off the bottom line.

That's 80% of their 2017 forecast pre-tax gone! Leaves forecast EPS of 3 to 4p

OK. That's worst case so, assuming further cost cutting and pruning, and perhaps a shake up in the market they will do well to make anything over 7p EPS in the next couple of years IMO.

[careful] 10/10/2017 10:56

another significant purchase by the Chairman.
Not only are they risking their own money but they are sending a strong signal to the market.

[losses] 10/10/2017 10:35

Must be looking good if CEO and chairman buying at these trashed out levels.

[essentialinvestor] 10/10/2017 10:28

On the UK energy market the renewable leveys have a huge impact on prices.
I'm not against renewables, however it seems in this country we cannot have
a grown up debate on the factors that determine a domestic fuel bill.

[essentialinvestor] 10/10/2017 10:25

In terms of the TSCO comparison, I've made that reference previously,
as the only way forward for CNA is aggressive operational cost cutting.

[db125] 10/10/2017 10:22

I recall Lord Stokes making a significant share purchase shortly before BLM went belly up! Still, I dipped a toe in CNA yesterday at 175 intending to buy more xd, but the anticipated fall hasn't happened.

[nortic 007] 10/10/2017 09:52

Be nice if they could have a run this week as well as going xd.

[susiebe] 10/10/2017 09:50

CEO and Chairman buys sending a reassuring sign to the market imo

[suetballs] 10/10/2017 09:04

Now the Chairman has bought £100k of shares -well done boys.
Suet

[diku] 10/10/2017 08:28

Shell or BP just buy this outfit...

[muffinhead] 10/10/2017 08:26

He is still getting an interim div and 3.44% at 174p if dividend halved to 6p

upstream prices under pressure
downstream prices under pressure
Operating cashflow?

I usually find the guys with braces find the bottom before me
So just looking with morbid curiosity

[diku] 10/10/2017 08:22

CEO's of FTSE companies are all rich guys...But how many free shares has he got that can off set...porty will be able to answer that!...

[gaffer73] 10/10/2017 08:13

I'd be surprised if they halfed the divi after the CEO has just bought 100k shares.