Centrica Share Discussion Threads

[aleman] 10/1/2018 10:12

Got our Q4 energy bill. It was only slightly up on last year's fairly average Q4, based on an estimated reading. I thought they might have understimated, since Nov and Dec were significantly colder than average here. Actual readings showed about 25% above their estimated consumption so we now owe them a big figure and will have to increase payments eventually. To make matters worse, January is also off to a cold start so far.

I think the rest of the UK is not quite as bad but will be probably showing 10-15% higher winter energy consumption. (The link is to gas demand but electricity demand has been at the grid's supply limit several times this winter so is probably as bad.)

[nortic 007] 10/1/2018 08:40

I does look like Mr Trump will serve a second term my worry is what happens after he's gone but that's some way off. imo

[american idiot] 10/1/2018 08:27

No serious stockmarket correction coming anytime soon Tim.

Trumps corporate tax cuts have seen to that. Then theres furthur US growth from infrastructure spend to come. As you will know, the FTSE will kinda follow the master like all good dogs do.

Not sure where this leaves CNA. If I'm honest I dont know much about them. Only here for a few pence profit on this dip !

[tim 3] 09/1/2018 21:25

Have been waiting over a year for a correction!

Am very cautious particularly as some stocks seem to be held up by little more than thin air.

Although no doubt cna would be caught up with it a correction could signal a move to defensives aa people start looking at fundamentals like yield and pe again.

[citytrader66] 09/1/2018 20:40

seems so predictable now. only a fool like myself would sell at 140p just when the rise has started!

well i bought below 137p just over a week ago so lets see if we see 136s or lower again. market indices esp. US at all-time high. if you not nervous you should be.

[diku] 09/1/2018 20:19

Think it is 2nd or 3rd time CNA has failed around the 146 - 147p area on a bounce...

[tim 3] 09/1/2018 18:35

£1.37 area is very strong support and barring news is likely to hold imo.

[jpjohn1] 09/1/2018 18:14

By Friday it might be up on the week Nortic, fingers crossed

[nortic 007] 09/1/2018 18:02

Morning auctions are never reliable.Most intuitions aren't out of bed until 9.3 more trading days to go. D'oh!!!

[jpjohn1] 09/1/2018 17:47

First thing it hit 1.47p !!

[jpjohn1] 09/1/2018 17:42

Bad one again today, 4.75p in two days. Keeping fingers crossed for a good one tomorrow and recover a bit. If it's the same tomorrow as today we are back to square one !! :o(

[eeza] 09/1/2018 17:12

We're already half way.

And that's without the precipitous fall last year.

[moneytree1] 09/1/2018 16:25

you've missed the days low....

[susiebe] 09/1/2018 16:24

CNA are more than just a Utility co so unfair its been hit as hard today.

[citytrader66] 09/1/2018 16:13

i think you're right. rarely worth buying at a day's low just before the close..

be interesting to see what the UT trade is today. my money is on sub 140p..

[nortic 007] 09/1/2018 16:10

I think they test those level first thing tomorrow morning and then buy .Good luck

[citytrader66] 09/1/2018 16:01

same here 137! or somewhere mi-way between there and 140..

[citytrader66] 09/1/2018 16:01

i sold 7 days ago at 140p. missed the run up to 147p :(

thinking of getting back in today sub 140p.

[mastey] 09/1/2018 15:59

Agreed I would like to see 1.37 again before really looking to press the button.

[nortic 007] 09/1/2018 15:57

Could be a few stops @140 so could easily hit 139 and change.

[nortic 007] 09/1/2018 15:56

MasteyFeels very panicky today but good luck.

[nortic 007] 09/1/2018 15:54

FYIExane note

[mastey] 09/1/2018 15:54

Watching today starting to consider a second punt but not sure . Most times I try an Oliver T it’s goes wrong

[nortic 007] 09/1/2018 15:43

Just spoke to MM in the utilities sector. Broker note bearish on sector. It was directed at Severn and UU but that's all I can say for now.Sh?t happens :)