Centrica Share Discussion Threads

[eeza] 02/2/2018 10:15

Only 2 months ago Conn said

Despite the expected weak earnings, Centrica said its dividend to shareholders this year was “underpinned” and would be protected for a period of time during the company’s transformation.

"We would be willing to operate with dividend cover from earnings below historic levels,”

[nortic 007] 02/2/2018 10:13

Do your own research

[cernunnus] 02/2/2018 10:12

Spot on analogy. I have been buying every 10p drop since £1.70 thinking that may be bottom. Fool me. I think i will give it a rest now until £1. I daresay the shorts will know when it bottoms out.

[chiragmahe] 02/2/2018 10:08

any thoughts on how much dividend will be cut?

[mercer95] 02/2/2018 10:05

Where’s the bottom cernunnus, look in the mirror, no one knows the bottom, I said to marv/diku when he said the market is a roulette table is like comparing a pea shooter to a ballistic missile

[nortic 007] 02/2/2018 10:02

I don't think Conn can hold his silence to much longer. imo

[mercer95] 02/2/2018 09:52

I think it’s disgusting none of you free members called out portside for his behaviour & then for that tumbleweed to brag about a non existent profit he made in Tesco, not even a suggestion of an apology, like its no big deal,really gets you thinking that.

[cernunnus] 02/2/2018 09:50

But where is the bottom?

[w1ndjammer] 02/2/2018 09:48

i think its momentum traders on the short side, i know Short tracker is only
showing 0.5%

but with 5.5 billion shares in circulation you could have 100 hedge funds all
holding 0.2% short and bang thats 20% of the companies stock

just the same as if the share price was heading north you would have momentum trading

lack of buying all adds up.

i sold 25% of my holding yesterday so i can buy back when the bottom is
reached or after results.

Nortic have your contacts said how much stock is out on loan.

WJ.

[careful] 02/2/2018 09:47

I am not selling at this price.
more likely to have a punt and buy more.
I find these situations interesting.

It does not result in much stress, any more than you suffer Nortic.
You did explain to us how focussed you were here and how deep your losses were.
You must be annoyed, there are good healthy companies out there and here we are trapped in this years dog.

Just analysing failure that is all.

Say hello to Gavin for me.
Tell him to wear a tie more often, people will take him more seriously. i

[nortic 007] 02/2/2018 09:40

I feel the same but it's not a nice experience to go through.

[mercer95] 02/2/2018 09:38

I’ve got a different mindset to you careful

[nortic 007] 02/2/2018 09:36

Careful If this is causing you distress, which is understandable then you should sell and move on.

[careful] 02/2/2018 09:34

But the five year investment horizon is important.
How will this perform over 5 years compared to a risk free bond paying 2.5%?

[nortic 007] 02/2/2018 09:32

CarefulJust sell them.P.s I see GP most days.... our kids are at the same school.Ill have a word for you.

[mercer95] 02/2/2018 09:31

Doesn’t help me supermarky, I’ve been in the red since I invested,who cares what’s happening 5 years down the road

[careful] 02/2/2018 09:29

this looks very grim.
my terrible twins BT and CNA are being crushed today.

Is CNA in trouble?
The share price collapse and lack of buying by insiders seems to say so.
Does someone know something.
Update this month is known to many on the inside, and their close friends relatives etc.

This looks worrying.
I am holding and hoping.

[nortic 007] 02/2/2018 09:28

eezaYou didn't know what the Dow was until I told you. Please have some thoughts of your own.

[eeza] 02/2/2018 09:22

Volume will pick up at 1400 when the Yanks arrive.