Centrica Share Discussion Threads

[losses] 06/9/2018 23:27

Centrica (CNA.L), meanwhile, posted the best performance with a 5 percent gain.The energy supplier's jump in value came as Britain's regulator proposed a price cap on default energy bills to save households about a billion pounds ($1.3 billion) a year. It aims to implement the cap in time for winter as the government seeks to deliver on a promise to tackle "rip-off" prices."A price cap that will limit the amount Centrica's British Gas operation can charge customers hardly seems like cause for celebration, but the key point is that it will address the uncertainty that has dogged the stock in the last couple of years", said Russ Mould, an investment director at AJ Bell."There's nothing the market hates more than a lack of clarity, and now the level of the price cap is known analysts can reflect it in their earnings estimates."

[pvee] 06/9/2018 21:19

Patience, patience pays in the end....

[selborne_edge] 06/9/2018 19:35

Just to bring a little perspective into the discussion. We can but hope that there are better days ahead

"A price cap which will limit the amount Centrica's British Gas operation can charge customers hardly seems like cause for celebration, but the key point is that it will address the uncertainty which has dogged the stock in the last couple of years," commented Russ Mould, investment director at AJ Bell

[mitchy] 06/9/2018 18:38

Probably a broker upgrade or two today after the cap. May see small gains from here into the divi. Good Luck.

[lauders] 06/9/2018 15:48

The commentary from 26.20 minutes/seconds in may be of interest to some here. I have been an investor since the beginning here but with only a minute holding.

[supermarky] 06/9/2018 15:00

Is today the defribulator in action?

[supermarky] 06/9/2018 14:58

All us cna investors are weary after years of decline. Could this possibly be the cpr to reawaken cna shares? Positive thinking and patience!

[whatsup32] 06/9/2018 13:26

:) thanks Nortic 007

[nortic 007] 06/9/2018 13:25

Have a good one !!!

[whatsup32] 06/9/2018 13:13

Hi Jp.

Yep over in states for a month. Great seeing CNA up today. Had to have a double look when I sor up5%. You guys deserve a break.

[n73] 06/9/2018 13:08

This move by regulators is the stupidest thing to come by. I believe this is more stupid than calling for referendum on Scottish Independence or leaving EU.I must admit I am shareholder of Centrica, and like many I am a beneficiary of price movement today, but politicians bringing this to market is not fair to consumers. I give it 24 months before the price cap is pierced.

[whatsup32] 06/9/2018 12:59

Mercer95 . A mile away from speedway. Grab your Mrs and come on down . Daytona Beach is heaven , restaurants are empty, streets deserted and the few people on the streets are well into their 90’s so easy to push out of the way.

I’m all in TUI at the moment. Just waking up everyday to see how much it’s dropped.
What fun on holiday

[jpjohn1] 06/9/2018 12:27

Doing well today Chaps, having a holiday break :)

[mercer95] 06/9/2018 12:25

Choo Choo 🚂 whatsup or maybe even vroom vroom 🏎 seeing as you’re in Daytona
What a relief the price cap is sorted & the share price is showing some strength again, I’m gonna keep on holding, happy holidays.

[whatsup32] 06/9/2018 12:09

Well done boy’s , another 10 days like this would be nice

[careful] 06/9/2018 10:58

A sensible price cap, just what we have been waiting for.
The regulator is more important than government ministers.
From Theresa May down various ministers have killed sentiment here.
That should be over now and I doubt if Corbyn's Nationalisation threats will ever amount to anything.
He has as much trouble in his party as May has, and he is not getting any younger.

Maybe we can recover over the next few months.
Conn's strategy could be the right one.
A £28bn turnover company valued at a bit over £8bn gives upside potential.

[mercer95] 06/9/2018 08:52

Nothing is ever certain in the market IMO you could just sell mitchy & invest somewhere else.

[supermarky] 06/9/2018 08:52

Clear strong support 140 area.A base to build on.Patience.

[supermarky] 06/9/2018 08:50

Chin up Mitchy. Good news today. Sooner or later we will be 200 300 400.

[mitchy] 06/9/2018 08:33

As certain as gravity

[mitchy] 06/9/2018 08:32

There she goes again dribbling away the gains after the price cap news.