Centrica Share Discussion Threads

[nortic 007] 15/11/2017 08:37

Noticed BT making a move today after weeks of decline. All the stalwarts have been so downtrodden that it makes you feel that if at least one of them starts making a move then maybe the others might follow . Wishful thinking maybe but let's see.

[nortic 007] 15/11/2017 08:07

This is the kind of stock that should flourish on a day like today. Well that's how it used to work .gla

[hamhamham1] 14/11/2017 15:08

Kiwi, yep thinking about it a divi cut to 8p would be sensible and still good news, this level is still high for shareholders and shows to market that Centrica are cutting their cloth appropriately. But as Manuel from Fawlty Towers used to say...."hhhI hhhknow hhhnothing:)

[kiwi2007] 14/11/2017 14:57

Might be a good buying time as it nears Deutsche's 160p forecast? I suspect that worst case for the dividend going forward is a reduction to 8 or maybe 9p so, still a yield of 5% which should steady the ship?

[nick rubens] 14/11/2017 13:58

Yes, I've chanced a few ahead of the trading update, hoping it's not going to be ugly as the share price seems to suggest. I do think it will take a run up ahead of it as seems to happen alot of the time.

I usually prefer average up, but how this is gone so far for me, it could be an average down job. Been here loads of times before and they turned out great, but occasionally still waiting many years later. lol

[gaffer73] 14/11/2017 12:10

Well I'm expecting a positive trading update with the implemented cost savings taking effect and the acquisitions providing more diversity from the UK market. Also the stupid bill will have no effect on profit yet. Back to the 180's end of next week.

[nick rubens] 14/11/2017 12:09

Should turn around at some point and start a bull run.

[nortic 007] 14/11/2017 10:17

Groundhog Day

[andyj] 14/11/2017 10:11

Good job expand abroad, make the renationalisation as complicated as possible for the old fool Corbyn.

[mj19] 14/11/2017 10:02

Hanging on for dear life !! Share price fall slowing

[supermarky] 14/11/2017 08:55

Mr Conn is quietly getting on with the job.

[skinny] 14/11/2017 07:09

Centrica plc today announces a significant expansion of its Connected Home business into Italy.

Centrica has signed a five-year partnership arrangement with Eni gas e luce, a leader in the Italian retail energy market with 8 million customers.

The partnership with Eni gas e luce is an important milestone in Centrica Connected Home's plan to expand its footprint into new geographies. The Hive portfolio of products and solutions for the home is already available in the UK, Ireland and North America. Thanks to this partnership, Eni gas e luce and Centrica will now develop the connected home market together in Italy.

The Hive product range is all controllable from the award-winning Hive app and includes the Hive smart thermostat which enables customers to manage their heating and hot water remotely. The full Hive range including the thermostat, smart lights, door and window sensors and smart plugs will be available to Italian consumers from 20th November.

Nina Bhatia, Managing Director of Centrica Connected Home, said:

"Strategic partnerships are going to be increasingly important to the growth of Centrica Connected Home. We are delighted to announce we are working together with Eni gas e luce to bring millions of new customers our Hive range of products and solutions.

"Through our customer knowledge, insight and experience, we understand that people want more from their energy and services provider - they want to be in control of how they run their home. Our products and services enable customers to automate their homes, manage their energy and get peace of mind.

"This announcement marks the start of the expansion of Hive into Italy and other new markets during 2018."

END

[fabius1] 14/11/2017 00:23

tim3 - Maybe they are on the shopping list.

[tim 3] 13/11/2017 22:48

Not sure if its cyclical or is their some more fundamental reason why many particularly defensive shares have dropped so much.

[wllmherk] 13/11/2017 22:22

me2 chaps with BT 294p and CNA 182p, thought I had grabbed a shed load at good prices, particularly BT, thousands of pounds wiped off my capital, looks like I will post a loss for 2017 unless there is a major Santa Rally.

wllm

[tim 3] 13/11/2017 22:05

To say the FTSE is at near record levels there are a lot of seriously beat up stocks!

[mitchy] 13/11/2017 19:48

Hard to believe what i'm seeing with cna. I'm seeing it but I don't believe it.
Brexit? (shakes head)sigh...

[careful] 13/11/2017 18:33

I have bought BT CNA RMG at bargain prices and I am being crucified.
This is turning out to be a poor year.
No light at the end of this tunnel.

I wish they would bring back Cameron, Hague as foreign secretary, then reverse Brexit.

Dream on.

[careful] 13/11/2017 18:10

Not enough people buying, that is the problem.
a buyers strike.
Heard a guy on CNBC saying that over there a sellers strike is keeping fang shares at high levels.

Punters are grateful to have dodged the bullet on Centica and Schadenfreude is everywhere.

We need to know what May and her rabble have in mind for their price cap.
There may be movement then.

[supermarky] 13/11/2017 17:38

This will now go to 150 imo and hopefully that'll be the low. If comrade Corbyn gets in however this will be less than the price of a doughnut. Stock markets are absolutely crazy. Cna over 400 now 160 odd. In the space of a few years....and the company is profitable and in a supposed defensive boring sector. At what point will this change to the upside?? 150 140 130......50p This is herd mentality movement and the company share price is hugely oversold imo but the price is what it is. It is what someone is willing to pay for it.

[nortic 007] 13/11/2017 17:36

I won't say you're wrong because that would be rude . Let's just say one of those to options will do.

[warranty] 13/11/2017 17:25

Wrong. The best thing that could happen to this stock is for the government to stop fannying about with leftie policies trying to appeal to Labour voters and instead apply proper capitalist beliefs and give up meddling in private companies.