Centrica Share Discussion Threads

[ny boy] 24/11/2017 12:33

If FDA approval for Lupuzor next Spring, it’s a potential retire early stock, worth some due diligence Sir!

Anyone know possible chart support for Centrica?

[nortic 007] 24/11/2017 12:29

CarefulYou're a wise man.

[nortic 007] 24/11/2017 12:24

No sir .Is it a top tip .)

[ny boy] 24/11/2017 12:21

Good luck Sir, at least we have FOXT heading in the right direction. Are you in IMM?

[careful] 24/11/2017 12:21

losing over 800,000 customers since the 12% gas price hike is about 10% of the total.
Conn was pressured to keep prices uneconomically low under George Osbornes influence.

He seems to be saying to the regulator 'you sort this damn mess out'.

He has written about loss making introductory tariffs that cannot possibly be maintained for any length of time.(just like the 'teaser' mortgage rates that helped to cause the sub prime financial crises)

TV adverts encourage consumers to shop around for these temporary deals that make Centrica, the market leader look bad.
Conn is not being drawn into this farce and it will need to be sorted.
Smaller providers could go bust, or put their prices up significantly in the future. Many could return.

A long-term game, Centrica may end up being the last man standing.

[nortic 007] 24/11/2017 12:18

NY BoyI'm unfortunately in from some weeks ago. This might be a good time to invest but who knows. For what is supposed to be a dull utility stock this could turn out to be more like an AIM stock over the next few months.Let's hope they don't move to AIM :)Good luck sir

[nortic 007] 24/11/2017 12:04

NY boyIt's not good I'll admit that .What would Maggie make of this !!!???

[ny boy] 24/11/2017 11:53

Will watch from the sidelines for a few months but that rapid lost of customers is disturbing.

[champian] 24/11/2017 11:41

I am holding this dog since British gas privatisation 30 years ago.
For me the stock cost me nothing and has paid decent dividends for years.
I tried trading other shares early this year,but ended up losing money.
Anything i sold at a small profit,ended up going up and vice versa,anything i
bought lost.
Most small traders play only few stocks so to get decent profit is very difficult.
I believe this market is controlled by only few people brokers and market makers.
Unless you are a long time holder,best avoid trading.This is mugs game

[hamhamham1] 24/11/2017 11:01

I don't think the bank is a bad place for money over the next 18 months. Yep it may depreciate in real terms by 4%ish through inflation but compared to capital decreases in shares and property, etc, its an easier way to sleep. Keep your powder dry maybe?

[minerve] 24/11/2017 10:52

wipo1

Most of the public are invested in the stock market via pensions. They may not directly have money to invest but they are invested nevertheless.

Property has only done well in the UK because of government policy over the last decade or so. It isn't the same in other countries and it doesn't necessarily mean property is going to be safe going forward either.

Again, you have to have a certain level of savings and time for property investment to be viable.

[w1ndjammer] 24/11/2017 10:48

its ok selling when a stock drops,and i have done many times, but you have to be very careful what you buy next, as these days any stock can be the next 50% loser.

WJ.

[wipo1] 24/11/2017 10:47

Minerve I think cash in property is a lot safer than the stock market. Most of the Joe Public think the stock market is gambling and don't touch it with a barge pole.

[capeview] 24/11/2017 10:21

Supercity, you can look at it that way, but also if you sold now and lose big then the shares go up that is even worse. At least if you can still get a great dividend at nearly 12p for the year, some people here have a stack of shares that give them a fair whack of dividend payout.

That is surely better than the huge loss they would suffer if they sell and it moves up.

Not saying it's the best thing, but better than nothing.

[careful] 24/11/2017 10:20

Up to a point I think the share price levels are irrelevant also.
To the long term holder that is.

Just look at any share held long term.
Tesco, MKS, Shell, Rio, BT, LLOY.
The traders mark them up and down massively, all of the time.
Halving and doubling is commonplace.

If they were held forever in a blind trust you would not even know about it.
I know of people who have never ever sold shares and never check their values.
Just take the dividends.

It is surprising how it works out in the long term.
Some shares perish, others prosper.
It balances out, and the accumulated dividends, plus the lack of dealing charges, are very powerful effects long term.

Horrified at my dealing charges over the last 15 years. Don't like to think about it.

[supercity] 24/11/2017 10:11

Any divi is just replacing a small part of the loss holders incurred yesterday and maybe in the future - baffles me how people will hold on for a few pence divi while their holding looses many multiples of that through poor trading and share price decline

[w1ndjammer] 24/11/2017 10:00

if the divi is cut share price will go sub 100p as it stands Conn is saying in two years
everything will be fine, and we can manage the divi until then, just like Shell have
been doing,every man and his dog was calling for a divi cut when they were at 1300p
I was buying and have made a shed load on dividends and the rise in SP

WJ.

[minerve] 24/11/2017 09:55

careful

But if they can afford it and it yields 8.66% (in my case) then it is nice.

I do understand your argument but others obviously don't.

[careful] 24/11/2017 09:52

why the fuss about dividends?
the dividend level is not important.

The important thing is for the company to make good profits.
They can distribute a share of those profits to us the shareholders and keep the rest to make the company rich and strong.

If they give us dividends that are not earned they have to borrow to pay it.
That is stupid.
...and on the day the shares go ex. dividend the exact amount of the divi is taken from the share price.

[orinocor] 24/11/2017 09:50

Goldman Sachs cuts target price to 149p from 163p

HSBC cuts target price to 150p from 190p

JP Morgan cuts target price to 150p from 205p





These are the lowest forecasts I've seen but still more than 10% above the current price.

[orinocor] 24/11/2017 09:45

Even if they cut the dividend by 30% the yield here would be 6.2%.

[philanderer] 24/11/2017 09:44

Goldman Sachs cuts target price to 149p from 163p

HSBC cuts target price to 150p from 190p

JP Morgan cuts target price to 150p from 205p

[minerve] 24/11/2017 09:30

FT Lex column was more optimistic about CNA.

"Centrica should rise out of the trenches in the months ahead"

[action] 24/11/2017 09:29

Someone said here that you can not invest in a company run by mr conn. Divi will be cut for sure