Centrica Share Discussion Threads

[jpjohn1] 12/4/2018 11:20

Latest news French owned EDF energy customers hit bill hike of 1.4%. I wondered if this will have a full page spread like CNA had, I'm sure they are going to call a French firm Greedy!!

[careful] 12/4/2018 11:02

keep the faith jp.
you are a veteran of the GLEN days.
It must have been your darkest hour for a while when they hit 69p.
But your Churchillian spirit saw you through.

[mercer95] 12/4/2018 10:58

I hope this recovers for you jpjohn, it’s possible you could even turn a profit, if it’s any consolation the amount of money you have invested here if it was in a bank/ building society would be peanuts compared to the dividend CNA will be paying you.

[careful] 12/4/2018 10:57

It is difficult to know what to do.
Hindsight makes fools of us all.
A while back I did trim my CNA holding, although I still hold plenty.
I bought some VOD, Marstons (the pub.brewery chai)n and topped up with out of favour MKS with the money.
All of these were out of favour and trading like CNA at lows.

My portfolio looked better balanced and sensible.
But how would I have felt if CNA had made a sharp recovery?
No such luck, it continued to fall so I felt smug and smart again.

It helped with last years CGT also.
Nothing to pay..he ultimate sign of failure.

[jpjohn1] 12/4/2018 10:03

Well said careful. Unfortunately I'm in at the deep end, in hindsight should have sold early on and maybe bought at the share price at the moment. I have two option really. One would be collect the dividend, let it go up again and call it a day and reinvest that money elsewhere, or just sit back and forget about them. In May they will have paid me 11,760 pound in dividends. And if the pay that for the next 2 years after that it will be a total of 35,280 pound, in just about 2 years from now. Things might change but this is what I'm planning to do

[whatsup32] 12/4/2018 09:47

Well said careful .

Unfortunately I like torturing my self :)

[careful] 12/4/2018 09:40

For long term investors I wonder if the share price matters at all.
Warren Buffett said that in the early days he did not even allow computers in his offices.
He did not want the share price checked on a regular basis, not important.
Mr.market is irrational, but offers a good entry point if he gets the price wrong.
All that really matters is cash flow, profit, dividends, assets and long term prospects.

As far as CNA goes you have to feel sorry for investors who held the shares 2-3 years ago when the price was £4.0.
Obviously they should have sold.

The rest of us, especially those who bought below £2, should look away.
This company could take years to re establish itself, maybe after the next election.

The problem with CNA is that there are hundreds of alternative investments to compete with it. So there will be very little buying until the picture clears.

[action] 12/4/2018 09:27

mm can not withstand 8% + divi payout. Price has to move north.

[whatsup32] 12/4/2018 09:21

Already has . Both below now :)

[nortic 007] 12/4/2018 09:17

Never mention when they're up. It'll end in tears.

[whatsup32] 12/4/2018 09:14

Above 140 on CNA and above 1300 on SSE . Me smiling

[action] 12/4/2018 09:09

Doubled the position to average down before Divi.

[jpjohn1] 12/4/2018 09:02

Yes capeview, I always read the comments on them. I have said before on here it's my favourite ( stamp duty) share. Always a lot of movement

[jpjohn1] 12/4/2018 08:59

I think we had a three prong attack yesterday. What the Government say, the papers ( Daily Mail the whole front page) about our Greed ?? and HSBC I put on the latest 16 Wall Street analysts report last night. BUY 5 HOLD 7 SELL 4They now have an average of 173.60p a potential rise of 24.98%

[jpjohn1] 12/4/2018 08:47

What I find strange on ADVFN, this is a free app. It's the only one on live share feeds. There must be thousands of people look at the share price and read comments. Why is it only a handful of people comment on here ?

[masurenguy] 12/4/2018 08:47

"Centrica was feeling the heat yesterday after analysts at HSBC predicted that the owner of British Gas would lop a quarter off its dividend payout next year. HSBC told clients that it was cutting its recommendation to “reduce” and was downgrading its price target from 150p to 120p. HSBC cut its forecast for earnings per share for this year by 8% and for next year by 17%. Next year’s dividend will be cut by 25% because it will need to invest its spare capital in chasing growth."

Full report here:

[mercer95] 12/4/2018 08:46

What are you having done potty, an enema with any luck or a transgender op to finally become a man, maybe Lewis will send you a free Tesco hamper but don’t hold your breath as you kept referring to him as a terminal disease.
CNA back on track, extended winter & a price rise Double Whammy

[portside1] 12/4/2018 08:44

OP . I AM ONLY A FEW PENCE DOWN HERE

I feel for those that are well down its time , conn either acted or resigned the silence is truly amazing .

off out now will be in Bromsgrove for 1.30pm but first bridenorth its nice their
golden lion pub bril

[jpjohn1] 12/4/2018 08:43

I know you have often spoke to him. All of us on here know Portside is fake. Just check out post 11434 yesterday. I'm sure you are mean well for anybody who's poorly

[careful] 12/4/2018 08:42

can't get this image of Portside being fake out of my mind.
I keep picturing him as the Wizard of Oz, hiding behind his curtain.

[optomistic] 12/4/2018 08:41

Enough in banks with Lloyds Porto.

[portside1] 12/4/2018 08:40

morning OP YOU OK . yes all will be fine got to be at nufield by 7.30 .

op look at rbs think they will go over 320p within weeks