Centrica Share Discussion Threads

[portside1] 29/1/2018 11:14

how have these Dead directors in name only not been put to rest

the silence and the last 3 yeas of charts and the loss of over 66% of the company says one thing , CONN AND ITS BOD MUST GO

[gaffer73] 29/1/2018 11:06

What we need is a share buyback ;)

[portside1] 29/1/2018 11:03

shell will not buy can that's for sure

[w1ndjammer] 29/1/2018 10:57

M-CAP now sub £7.5 billion, Shell will offer £10 bill
they are building up their portfolio as the ceo Ben van Beurden indicated. imho

WJ.

[portside1] 29/1/2018 10:35

we just have to take note we have no management , its time to get rid of all the bod
looking back over the last 4 years the USELESS CHAIRMAN as ben paid to do nothing its fraud is pay is criminally paid is silence is truly amazing the roll of the chairman is to speak for the investors , he should be removed now and all is pension and bonuses clawed back he is a fraud and paid to be a fraud

get to the agm and shout him out

[jotoha2] 29/1/2018 10:29

Is that wishfull thinking or do you have inside knowledge sir.

[w1ndjammer] 29/1/2018 10:03

anyway CNA is being set up for Shell take out, same MO as BG.

WJ.

[capeview] 29/1/2018 09:56

Groundhog Day. And it's Cold Outside. ;)

[eeza] 29/1/2018 09:49

SSE up 1.35%. CNA red.
Large divergence once more.

[w1ndjammer] 29/1/2018 09:46

Conn has already cut the dividend and look what happened
just saying sub 100p on divi cut which is great if we have more cash
to buy stock, because yield will be the same.

However the rise in POO should be enough to cover the divi as it stands.

WJ.

[tim 3] 27/1/2018 22:48

On a more positive note it has not (quite) broken the low it made on the day of the profit warning,if it holds would make a nice double bottom.

[whatsup32] 27/1/2018 21:33

The telegraph has a article ‘gas market shock ‘ just released on line which may be of interest to Cna holders

[nortic 007] 27/1/2018 16:46

Couldn't agree with you more. Managed to get out of Marconi and it was painful. I remember GLEN well but still hold but they were given the last rights and look at them now.I must say I didn't expect CNA's to be this bad and I've dropped £80k in pretty quick time but I'm still up over the last 12 months. Just one of those things. I'll admit we could see further downside and yes you need a certain temperament.I remember we both lived through SPD...now that was emotional.Best of luckN

[careful] 27/1/2018 16:37

you are well exposed here Nortic.
As am I.

The opportunity cost is huge.
Some miners have more than doubled over the time period that this has halved.
This is a tough game, emotionally.

[nortic 007] 27/1/2018 16:26

CarefulI just chucked the share purchase in there but not convinced myself.I'm afraid Conn bought a token lot in the 170's before the November announcement......it meant nothing. He gets £333k a month before tax.I've bought more than his 2 purchases over the last 3 months!!!A fool and hid money .

[careful] 27/1/2018 16:19

preserve cash.
buying back shares costs money.
CLLN ran out of cash and could not even pay wages.
Cash is king. hold on to it.
no share buy backs.
£29bn turnover with a strong positive cash flow.
I hope Conn is accumulating cash.

[pineapple1] 27/1/2018 16:13

Can ,t find much on the prices of any CNA traded debt instruments apart from this one quoted in Berlin For CNA 5.25% (2075) on a quick search. Doesn't seem like there is much concern judging from the chart according to the debt market. Certainly does not resemble the share price chart and bond traders are considered the smart money

[nortic 007] 27/1/2018 16:06

How about from 8.91% to 6% wouldn't be to bad. One of the big unknowns is about the dividend and that why they are sliding. He should have been more bold back in November but he didn't make those decisive decisions.If you can't afford to pay a dividend out of future earnings and only out of reserves then trim them .What do you think about the other options?If you demand a high dividend payout you'll become like all these greedy landlords that are killing of the high street (not forgetting the obvious) better to get some rent than be left with an empty shop.I think the fact CNA on a yield of 8.91% is a clue that's is not sustainable .

[11_percent] 27/1/2018 15:41

Nortic, Its only 4.5% down this week.


2: Cut dividend
If you cut the divi, it really would tank.

[nortic 007] 27/1/2018 15:40

P.s7: Share buyback but that could contradict option 2

[nortic 007] 27/1/2018 15:38

I'm keep away from high ledges and sharp objects after last weeks share price performance :)

[nortic 007] 27/1/2018 15:36

1: Cut prices 2: Cut dividend 3: Pay cuts for executives4: No Bonuses for executives 5: No new share awards6: Maybe a small number of redundancies which is regrettable but necessary.This would be seen as a positive in the Square Mile. Just take a look at that shareholder list from the other day. There's some big names on there an they will demand action is taken or he's gone.