Centrica Share Discussion Threads

[gaffer73] 18/10/2017 13:39

We don't have the spare money to buy any noticeable amount, unless they replace the divi.

[portside1] 18/10/2017 13:16

the board have the remit to buy back stock on the open market .
if the board are not smart enough to do this at this low point then voting on this issue is pointless
if the board under CONN do not buy back stock at this level then he should look for the door , its common sense to buy back at this level .

or are the directors to busy on the golf course to even think about
THE COMPANY

COME ON CONN BUY BACK STOCK NOW

[nortic 007] 18/10/2017 10:38

Beggars can't be choosers. I'll take that. Lol

[susiebe] 18/10/2017 09:58

Black Rock increasing their holding.Every little helps!

[diku] 18/10/2017 07:57

Divi seekers need to go through the sweat process...

[jpjohn1] 17/10/2017 22:00

I'm sorry to say this one as been a bit of a damp squib for me. I bought my second tranche on the 4th and it's only had two good days since that day! I now know I bought it at the wrong price, like a lot of other investors who thought the price cap was already price on this one. We are now on record lows, think it's time to forget about this one for a month or so and hopefully it just might have made a move upwards by them !! Sorry to sound down on this one, hopefully your doing well with the other shares you hold. Good luck

[justiceforthemany] 17/10/2017 17:46

British Gas owner Centrica refuses to rule out legal bid to block energy price cap

[grahamite2] 17/10/2017 16:12

Sainsbury's are a blot on my portfolio too, but you can't call 'em all right.

[blobby] 17/10/2017 15:49

Thanks for the tips Nick. They both look very small with no asset backing unfortunately.

[nick rubens] 17/10/2017 15:34

cheers blobby just put MARS on my High Yield research/watchlist. Have NAHL and CNCT on their too and CNA.
I have a feeling i'll be panicked into buying CNA at some point, through fear of missing a potential bargain.

[blobby] 17/10/2017 14:58

Nick,

Yes I've bought into Centrica recently. Now 6.5% of the portfolio which is as high as I like to go, although I do make exceptions sometimes. Other favourites at the moment are Marston's, British Land and Lloyds.

[justiceforthemany] 17/10/2017 14:56

13:31 172.80p 4,686,607 £8,098,457 Buy NT
13:31 172.80p 4,686,607 £8,098,457 Buy NT
12:51 173.01p 697,679 £1,207,048 Buy NT
12:51 173.01p 697,679 £1,207,048 Buy NT
12:52 173.01p 697,679 £1,207,048 Buy NT
12:52 173.01p 697,679 £1,207,048 Buy NT
Big buys.

[nick rubens] 17/10/2017 14:47

cheers blobby,

Have you bought some CNA? I'm always looking at these high yield low PE scenarios and sometimes they do come good.

portside 1 "added a few more 25 weeks till ex div final 8.4p"

Optimistic on the dividend not being cut then? Hope you are right.

[portside1] 17/10/2017 14:37

WRONG IT MEANS MORE ON THE UNEMPLOYMENT ROLL LIKE AT VAUXALL THOUSAND TO LOSE THEIR JOBS
OVER THE NEXT 6 MONTHS DOWN TO EMPLOYERS TAKING ON LESS SKILLED MIGRANTS .
PHONE LLOYDS THEY CAN NOT SPEAK ENGLISH YOU JUST GIVE UP
NATIONWIDE THE SAME
EDF
OVA
S/TRENT

ALL EMPLOY OVER SEA PEOPLE TO STOP YOU GETTING ANY HELP
SKY IS TERRIBLE BUT HAVE NOW DUMPED THEM THEY ARE TERRIBLE

[muffinhead] 17/10/2017 14:26

Fundamentals of gas price and political price cap not going away anytime soon

Cutting costs to improve the bottom line only proves to politicians that making too much profit

[portside1] 17/10/2017 14:06

added a few more 25 weeks till ex div final 8.4p

[blobby] 17/10/2017 13:32

Nick, that happened to me as well. However Sainsbury's had a couple of tough competitors using a new model in the same industry.

The barriers to entry of competing with Centrica look high to me and no new entrants. On the other hand there is a political risk, but this is often overplayed as we all need utility services and no government wants the blame for not providing them.

[nick rubens] 17/10/2017 13:19

I bought Sainsbury's at 330p many years ago at what I thought was a High Yield and Low PE. lol

That's the Stock Exchange for you. One can grow old looking at the screen daily.

CNA does look good value, doesn't it?

[susiebe] 17/10/2017 10:53

Looks like consolidation at this point.Will be adding some more.gla

[mrthomas] 16/10/2017 21:51

At 170p or below I think the yield willbe7% and PE say 5 with mark cap say 8b like to think would buy at these levels BUT is the div safe as if not this will go even lower

Not sure how much profit comes from the UK and also from a cash flow point of view are div being fund from free cash flow after cap ex or from bank loans

[gaffer73] 16/10/2017 18:48

Noticed that spike at 2pm, funny cause BP had the same in the opposite direction, usd/gbp probably.

[careful] 16/10/2017 16:38

maybe carney will raise interest rates.
not good.
but he may be bluffing.

[skinny] 16/10/2017 16:34

Have I missed something today - all of the utilities under the cosh again today - odd spike earlier though.

[careful] 16/10/2017 16:06

This fall must be close to the bottom now.
It will turn shortly.
Miners have had one of their great runs these past 2 years.
Looking toppy there.
Rotation will take place..too extreme in both cases.

[strutt12] 16/10/2017 16:00

It feels like this wants to go below or hit 170p