Centrica Share Discussion Threads

[jpjohn1] 03/2/2018 21:16

Yes wllmherk to be quite honest I haven't a clue either where this is going. I don't think any of us will know till the AGM. Just got to hope it's not bad for us. If it's good this could shoot back up,fingers crossed

[wllmherk] 03/2/2018 21:08

Hello JP,

I think this could go lower as sentiment is clearly against utilities, they have all been hit, SSE, NG., UU etc. I thinks 120p is a silly price for shares in CNA, if I'm being honest, I think the current price is silly, but, that is the market at the moment.
I've lost a fair bit in these the last few months, each time I buy in they keep falling more, but, at some point there has to be a floor unless they are going bust, they ain't. So to answer your question, 120p is a guess, based on nothing more than instinct. I could be wrong of course.

wllm

[bargainbob] 03/2/2018 20:54

Would not be surprised if Shell is looking at Centrica with interest.

[jpjohn1] 03/2/2018 20:29

I have thought Ress-Mogg for PM for a long time now

[eeza] 03/2/2018 20:02

His pro-life views don't go down well with females.

[w1ndjammer] 03/2/2018 19:22

There was a lot of cheering when it was mentioned on question time last Thursday.


I am just getting ready for the this BB backlash when they roll out of the pubs later.:-)

WJ.

[nortic 007] 03/2/2018 19:15

He should be PM but he wouldn't go down well with a lot of folk.

[w1ndjammer] 03/2/2018 19:12

Hi Nortic

what about Jacob Rees-Mogg for Prime minister, that fella knows how to
make money.


After leaving Oxford in 1991 Rees-Mogg worked for the Rothschild investment bank under Nils Taube before moving to Hong Kong in 1993[23] to join Lloyd George Management.[24][25] While in Hong Kong he became a close friend with its governor Chris Patten and was a regular at Government House. Three years later he returned to London and was put in charge of some of the firm’s emerging markets funds and by 2003 was managing a newly established Lloyd George Emerging Markets Fund.[26] In 2007 he left the company with a number of colleagues to set up their own fund management firm, Somerset Capital Management,[27] with the aid of hedge fund manager Crispin Odey. Following Rees-Mogg's election as MP of North East Somerset, he stepped down as chief executive of the company; however, he continues to receive income in his capacity as a partner.[23] Somerset Capital Management is managed via subsidiaries in the tax havens of the Cayman Islands and Singapore. Rees-Mogg has defended offshore tax havens, and his vast wealth has left him open to the criticism that he can not understand the lives and concerns of many ordinary people.[28]

[nortic 007] 03/2/2018 18:56

Hi WJIt look like he'll make a second term. I follow him on Twitter and he really knows how to play to the American crowd. Maybe the bull run ends when his term finishes or someone tries to stick a bullet in him.

[w1ndjammer] 03/2/2018 18:49

You will need to scroll back a page for his latest, if anyone interested.

WJ.

[w1ndjammer] 03/2/2018 18:47

this guy seems to know his stuff and i have made money
on his Dow musings. He is calling 24903 and then for the bull run to continue.

a lot of technical stuff going back decades, maybe he is right who knows



WJ.

[nortic 007] 03/2/2018 18:27

Just remember Trump is a President for business and he'll do whatever it takes to keep the markets strong. The more it goes up the richer he becomes because he is a businessman after all and that's never really happened before in Presidential terms.

[eeza] 03/2/2018 17:03

It's the Prelims announcement on Feb 22. The AGM, and TU is slated for 14 May.

[jpjohn1] 03/2/2018 16:34

I agree eeza, we have had a bad 3 weeks. But the week before that CNA went up 8.85p. The highest % rise in many months. I will be the first to say this never seems to go where you would think it will go, and until the AGM we will all have to wait.

[eeza] 03/2/2018 16:19

CNA has been going down about x3 the FTSE drop just lately. (1.72% vs 0.63% on Fri)

[jpjohn1] 03/2/2018 16:19

Losses a question, you said you think the Dow will go back to the 20,000 mark ( about the same price this time last year ). I know it's gone up about 6,000 points in the last year and a big correction was due anytime. But do you think it will drop to that. I don't know, I'm not to sure what level it should be 25,000, 24,000, 23,000 just trying to guess why it would drop back to 20,000 ?

[jpjohn1] 03/2/2018 16:04

Wllmherk just a question, at the moment it looks like the Ft100 will start at -52, I understand we have the Monday Asian market to go and I am not sure where they will go. But if it is -52 at opening its only down about .7%. If CNA went down that % it would only be about .7p, I'm just wondering why you think CNA being a good defensive stock ( I no we have had a bad 3 weeks) will go down nearly 7%. Just asking do you know something we don't. I'm not saying your wrong or anything just trying to see your reasoning

[w1ndjammer] 03/2/2018 14:47

Think i missed my chance of flipping these into IMM looks like Immupharma
is going to stride away next week.



WJ.

[wllmherk] 03/2/2018 13:35

Put a buy order in at 120p, likely to be a general sell off on Monday so here is hoping, crazy times, crazy prices.

wllm

[losses] 03/2/2018 12:24

Dow will be below 20k at some point during an expected correction...So let's get it over and done with...Lost £20 last few trading days..

[jpjohn1] 03/2/2018 11:52

Yes Nortic, the Dow as gone up very fast. I think the Ft will be down well to start with but where it goes through the course of the day is anybody's guess, hopefully we will not be to bad. It looks like -48 at the moment but that will depend on how the Asian markets react early Monday morning

[nortic 007] 03/2/2018 11:24

It's all perfectly natural. Since Trump got in, the Dow has rocketed so some kind of pullback is to be expected.

[jotoha2] 03/2/2018 11:02

10 to 15 % downside in FTS100 companies expected this year , then there will be rush to safety stock , and guess what is at the top of that tree , yes CNA , hold your shares , it will rotate in time big time.

[gaffer73] 03/2/2018 10:38

It's all about the results. If the bleeding of customers has stopped we should see a good profit coming through the cold weather. If customers continue to leave we could see £1 imo. We are already at a 19 year low and the markets have just come off the tops.

[jpjohn1] 03/2/2018 10:30

Getting back to the markets, with the Dow losing 665 points Friday. They think it will open -48 points so far. This will probably alter with Asian markets opening before us, we will just have to keep our fingers crossed here