Centrica Share Discussion Threads

[philo124] 15/1/2014 21:59

Bought for ISA today but will buy more for trading a/c if hits 300p.
Milliband will NEVER get elected. His brother may well of have.

[mitchy] 15/1/2014 21:43

I have a share ISA..so no tax.

circa 306 looks almost certain now.

[wipo1] 15/1/2014 19:47

I bought more FP(total sa) in france, 5.5% yield. I like oil majors. I guess that 25% withholding tax on dividends is a pain on this stock but still better than 1% in the bank.

[mitchy] 15/1/2014 19:28

Wipo...totaly understand your concern. 280 is a real possibility.
Sentiment has gone for the moment.I am holding and looking to add. I don't know of many secure places I can get over 5% on my savings.

[wipo1] 15/1/2014 18:33

Thanks Mitchy I fear we could go back to 280p now, will decide what to do tomorrow.

[mitchy] 15/1/2014 18:18

Wipo ....on the chart trend I'm seeing 306 as the bounce point for the moment.There was an article recently suggesting the major players in the energy market were losingCustomers to the newcomers offering lower prices . Centrica will be addressing that problemno worries.

[mac15] 15/1/2014 18:04

Barclays trashed Aviva with a downgrade and a savage cut in Sp. They were wrong and Sp recovered. However until political clouds lift, hard to see much of a recovery.

[wipo1] 15/1/2014 17:31

I am worried this fall is more than just a broker downgrade, if no recovery by end of week I am out.

[w.bramley] 15/1/2014 14:58

Could anyone advise which broker gave a STRONG BUY rating to CNA. Thanks

[mitchy] 15/1/2014 14:34

Cant see ANY upside for CNA at the moment with such negative notes from the likes of Barclays..however..the
Chinese have said they are ready to increase their stake in British energy companies. Now that
The share price has dropped so much could we be looking at a possible hostile bid /takeover situation?

[mitchy] 15/1/2014 11:15

If we did finish today at circa 323 then we would make the double bottom we need to start theRecovery ! Its not as daft as it sounds. The buybacks will be starting again and the divi, now heading for 6%Is due in Feb. The cold winter in the U.S will have helped bottom line. Lets face it , the drop todayIs due to a brokers note..there's no real substance to it.

[mitchy] 15/1/2014 10:46

15 Jan 14Centrica PLCBarclays Capital Underweight 316.60 380.00 285.00 Downgrades

[mitchy] 15/1/2014 10:26

I can see it going to 306 now which would almost be a 25% drop from it's high of 400...bonkers

[mitchy] 15/1/2014 08:19

Shares of Centrica (LON:CNA) traded up 0.25% during mid-day trading on Monday, hitting GBX 327.00. The stock had a trading volume of 14,739,915 shares. Centrica has a 52 week low of GBX 320.60 and a 52 week high of GBX 403.20. The stock's 50-day moving average is GBX 335.8 and its 200-day moving average is GBX 364.7. The company's market cap is £16.942 billion.A number of other firms have also recently commented on CNA. Analysts at Raymond James reiterated an underperform rating on shares of Centrica in a research note to investors on Thursday, January 9th. They now have a GBX 312 ($5.14) price target on the stock. Separately, analysts at RBC Capital reiterated a sector performer rating on shares of Centrica in a research note to investors on Tuesday, January 7th. They now have a GBX 400 ($6.59) price target on the stock. Finally, analysts at Deutsche Bank reiterated a hold rating on shares of Centrica in a research note to investors on Tuesday, January 7th. They now have a GBX 315 ($5.19) price target on the stock. Four analysts have rated the stock with a sell rating, fourteen have given a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. Centrica presently has a consensus rating of Hold and a consensus price target of GBX 368.82 ($6.08)

[mitchy] 14/1/2014 15:09

14 Jan 14 Centrica PLC Morgan Stanley Equal weight 327.00 380.00 340.00 Reiterates
14 Jan 14 Centrica PLC Credit Suisse Underperform 327.00 300.00 310.00 Reiterat

[philo124] 14/1/2014 08:34

On watch list for 315p on a bad market day; thanks for posts.

[portside1] 13/1/2014 16:10

mitchy . take no notice it will be over 375p by april and div

[portside1] 13/1/2014 10:13

time to start buying buy buy buy

[mitchy] 13/1/2014 00:23

Chart guesstimates for next week..trading in a sideways range between 323 and 350

[mac15] 10/1/2014 15:10

Not tracking the market today! Milliband has done an effective hatchet job.

[mitchy] 09/1/2014 15:09

Seems to be just tracking the market now. At least the bleeding's stoppped.

[mitchy] 09/1/2014 09:50

Buyers are back . Should see some gains today and tomorrow.