Centrica Share Discussion Threads

[portside1] 05/2/2014 14:16

pillock above it must hurt being one .

[zeppo] 05/2/2014 13:19

portside1
5 Feb'14 - 08:19 - 122 of 128 0 0 (Filtered)

portside1
5 Feb'14 - 10:57 - 123 of 128 0 0 (Filtered)

portside1
5 Feb'14 - 11:05 - 125 of 128 0 0 (Filtered)


portside1
5 Feb'14 - 11:10 - 126 of 128 0 0 (Filtered)

portside1
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[portside1] 05/2/2014 11:47

fox correct by me the polish are having babies like no tomorrow up to 16 in one 3 bedroom house . if I wanted to pt that many in my home I would be I court .

[1fox1] 05/2/2014 11:34

No probs. You're a little older than me portside(not much)I think you're fighting a losing battle on immigration. The damage was done years ago. I think Jack Straw admitted they had made a mistake on multiculturalism. It was a huge experiment that went wrong. I think the idea was that most immigrants would vote Labour so they would then retain power. London must be the only capital in the world where you feel a foreigner in your own country. In fact London seems like a state all on it's own. It suckes the life blood out of the rest of the country. Perhaps it will vote for it's independence like Scotland ha ha.

[portside1] 05/2/2014 11:10

fox 5.3 div is ok so relaxed can will go back up


I told you not to buy JIL till end of feb but will be over 180p by august so do not panic good luck

[1fox1] 05/2/2014 10:58

It's mainly political portside. On the run up to next years election both parties will say anything the public want to hear. So a major vote winner would be drive down energy prices. Lets face it a politician would sell his soul for a vote. Most of them are lower than snakes bellies in my opinion. I bought a few yesterday at £3.08p and intend to buy more down to £2.70p. I cannot see it going much lower than that.

[portside1] 05/2/2014 10:57

Is Centrica a buy?

On a current financial basis, Centrica looks like a strong buy, with a well-covered yield that's nearly twice the FTSE average, and an undemanding forward P/E of 11.7.

However, the flipside of the high yield provided by utility shares is that they are subject to a greater degree of political risk than most other firms. Centrica's results show that gas and electricity volumes per household have fallen since 2008, and it has relied on price increases to maintain its profits.

With 12 million residential customers, British Gas is unlikely to grow much larger, leaving Centrica highly vulnerable to a politically-motivated price cap, which could come as soon as next summer.

If I was an existing Centrica shareholder, I'd continue to hold, but new buyers might want to remain on the sidelines for a little longer.

[portside1] 05/2/2014 08:19

is any one running this company . M/C down 7b in two months

[mitchy] 04/2/2014 19:16

BG up 2.5% but centrica goes down!..hardly seems fair

[janekane] 03/2/2014 09:08

These are looking like a bargain at this price people should thank red Ed's incompetence for giving us this attractive entry price

[tamboerskloof] 02/2/2014 18:48

Lord Gnome --- Whoops! that should have read 300p - 310p I'm sure you picked that error up LOL at 200p I would put my house on it.

[wipo1] 02/2/2014 11:56

shares down tomorrow then?

[scotches] 02/2/2014 11:21

Margin squeeze

A lot of winter rain is good news for bucket makers and Centrica executives concerned that headlines about "soaring profits" are about as welcome as another Atlantic low-pressure system.

Later this month, the energy giant will announce its year-end results and it is expected that the profits of British Gas will fall the thick end of £40m, from £606m in 2012 to £570m. The warm, wet winter has put downward pressure on demand.

As a business, of course, falling profits are not generally considered something to shout from the rooftops. But Centrica has had a year more dominated by politics than return on equity employed.

The problem for Sam Laidlaw, Centrica's chief executive, is that British Gas provides 40pc of Centrica's total earnings per share. Whatever the wholesale price of energy, it is almost impossible to see a scenario where he will be allowed to increase the price of bills before the next election.

That means one thing – margin squeeze. Analysts at Barclays believe residential energy supply margin could fall from 6.7pc to 4.5pc. Politicians should consider that the next time they decide to go on the attack.

[essentialinvestor] 01/2/2014 23:09

Less than 3 weeks to results.

[mitchy] 01/2/2014 22:51

Historical support at 308 and it did bounce off that mark on friday. It's moved off the bottom line of the down trend which is encouraging but if it drops through 308 then 280 looks a real possible.
I'm still in from 333,not a million miles away, but not adding. Even with a 6% divi and share buy backs to help it along there are easier,faster moving, trades out there. Still a good defensive stock though.

Good Luck.

[wipo1] 31/1/2014 18:05

I top sliced a few,next support looks like 280p. I bought EU:GSZ GDF suez, strong support at 16.will pick up a few more if the euro weakness continues.

[anley] 31/1/2014 13:28

I have been pondering when to buy in again to average down from my 340 level.

I looked at the next buy back. That is going to be some £400m from the sale of surplus assets in the USA.......this was announced a few months back.

To make sense for CNA the formula is:

Share Price
Shares in Issue
Market Cap = Share price X Shares in issue
Cash for buyback = £400m

and so you go on and my conclusion was that the formal buy back would be announced at the time of the results.

Some of you may have a thought or two on this as it will lead to a support of the price at these levels.............

That is how I see it...........

[anley] 31/1/2014 12:10

Looking at 300p on Mitchy's chart.........

[lord gnome] 30/1/2014 09:48

Yes there will be support somewhere, Tamboerskloof - and if it ever gets down to 210 or 200 I may even buy a few myself.

[tamboerskloof] 29/1/2014 20:23

Agree all very frustrating, I recently added CNA to my 2014 portfolio fortunately, I am in at what I thought was the bottom I usually top up on -10p retraces so 210 and 200 are the next markers for me, there will be a support level.

[mitchy] 28/1/2014 15:55

I would imagine the contract suspension in Egypt for BG is a temporary state of affairs. Now a buying opportunity!

Good Luck.

[essentialinvestor] 28/1/2014 13:22

No comment on the BG profit warning yesterday?