Centrica Share Discussion Threads

[diku] 11/2/2019 22:10

Mercer...stop pretending and read post 15815...it is a casino!!...whether I post 25000 or 50000 times ...it is non of your business...

[whatsup32] 11/2/2019 15:00

Eon first to raise prices. Usually CNA ?

[whatsup32] 11/2/2019 09:49

I have to say I see the stock market as a casino lately too. For these reasons.
You can’t trust news release
You can’t trust directors to work for shareholders interest instead of theirs
You can’t trust accountants patisserie Valerie latest
You can’t trust auditors for not checking accounts diligently ‘poly peck’?
You can’t trust Broker recommendations
You can’t trust forward guidance ‘just bought TUi sept27th all good today p warning

Would I bet my money in the casino. Absolutely Not , not a penny.
But I have in the stock market. It’s the only game in town.and there is always a chance the share price could go up tomorrow .

Casino you snooze you lose. I realise that as I’m sure diku does too

[mercer95] 11/2/2019 09:21

Interesting article skinny, cheers, I’ve been to a few casinos & to compare them to the stock market is like comparing a catapult to a ballistic missile,yes, you can lose money at both but I’ll take the markets over blackjack any day of the week, just my opinion. Can’t see Centrica hitting £1-50 until Brexit is put to bed & US & China reach an agreement so until then I’m gonna sit tight & take the dividend, don’t get that in a casino, plenty of free booze & cleavage mind you & no clocks, no wonder I always lose at blackjack.

[skinny] 11/2/2019 08:57

Mercer - from yesterday's .

[masterblaster] 11/2/2019 08:53

Good to see a rise today -so far but imo need to be north of £1.50 to sustain a rise

[mercer95] 11/2/2019 08:50

If you think the markets are such a casino diku why have you posted nearly 25,000 times about various companies, if it’s so rigged you should go & spend your time more productivity elsewhere, any investment,property,shares,pensions,art involves an element of risk, to say the markets are a casino is too simplistic but serves your purpose/agenda of scaremongering IMO

[whatsup32] 10/2/2019 18:08

If it doesn’t rain it pores

FT headline . Britain’s high electricity prices risk ‘ gilets Jaunes’ movement.

[topvest] 10/2/2019 17:47

In my view excessive goverment interference has broken the UK power market. There are no winners in this failing market.

[whatsup32] 10/2/2019 13:08

Makes no sense.
Six companies competing , providing uninterrupted energy. while investing in the future needs of this nation and leaving a few bob for their shareholders.

We now have no investment in U.K.Nuclear by foreign powers due to political uncertainty. Hardly any profits to enable the big six to invest in the future. With SSE trying their damnest to get out of domestic energy supply altogether.

I blame both parties for this mess

[careful] 10/2/2019 12:26

Why would they want to topple the big six?
As long as they are efficient and responsible companies then they are doing a good job.

[whatsup32] 10/2/2019 11:42

Thanks skinny

[skinny] 10/2/2019 11:28

The link :-

[whatsup32] 10/2/2019 11:20

Points made.

Anyone with a credit card and a home address can set up as an energy supplier.
Ofgem has been pulled along politically to focus on domestic market.
More trying to exit the market then enter. Example SSE

The threat to traditional suppliers is three fold, Goverment policies have driven costs higher , capped what suppliers can charge and ushered in a swarm of fly by night rivals that are eating into their market share

In this market not every company will survive and a few will thrive

Already billions of pounds have been wiped of shareholders value thousands of job losses are expected meanwhile the influx of financially unstable energy suppliers upstarts mean hundreds of thousand of homes run risk of their supplier joining the 10 failures

[whatsup32] 10/2/2019 11:01

Can I suggest to Buy the Sunday telegraph Today.

Whole page on page 8 business section dedicated to big six .

Head line

‘Sky-high bills and flailing upstarts...why is it so difficult to topple the Big Six energy suppliers’

[whatsup32] 10/2/2019 10:55

Sunday Telegraph

‘Utilitywise facing collapse within weeks.
In dialogue with potential buyers and investors
1,000 strong workforce
Once valued at £300m now £1.5m in junkier market

Company blames rising competition within the unregulated energy market

[careful] 10/2/2019 10:55

Shortly the results will be out.
Has Conn a strategy that deals with the problems here?
He has had plenty of time to see the trends and make the changes required.


In view of the share price collapse, we are looking for some action here.
Just sleepily accepting the decline does not justify his huge salary.
He should not draw his salary and watch this company sink without trace.

Desperate for reassurance on results day, I am well underwater here.
Hoping for a future strategy that inspires .

[whatsup32] 10/2/2019 10:45

Diku.

How are we as PI’s supposed to make informed decisions. Don’t forget we are told to research .
Research where and trust who . Can’t trust brokers, financial statements, directors, accountants, newspapers.

Some would say buy and hold . Doesn’t work ,otherwise I would still be holding TALK. Vod. KGF. And forgive me Lord CNA all hitting lows.

There is no sure way and for me same as yours it’s just a casino.

[diku] 08/2/2019 22:16

All these brokers recommendations are only for that particular time in moment...for the day it comes in the public domain...all it does is it creates a bit of volume and a 2 way price action for broker agendas...few days later it could be out dated...with all the variables out there...it is a just a side tool/kick attached to the casino markets...



For those who may put value on Broker valuations and recommendations
4th February (This Monday)

TUi ..Citigroup BUY TP 1550.....SP 920p today
TALK..Deutsche. BUY TP 173......SP. 96p
Debenhams .Liberum Hold 5p .....SP. 3.34p

So we can’t trust brokers, financial statements, directors, accountants, forward trade guidance and newspapers.

[yump] 08/2/2019 18:32

I'm thinking of starting a business called penpushers.com - I reckon that would go from strength to strength here in the UK - certainly no problem recruiting employees.

[whatsup32] 08/2/2019 18:11

For those who may put value on Broker valuations and recommendations
4th February (This Monday)

TUi ..Citigroup BUY TP 1550.....SP 920p today
TALK..Deutsche. BUY TP 173......SP. 96p
Debenhams .Liberum Hold 5p .....SP. 3.34p

So we can’t trust brokers, financial statements, directors, accountants, forward trade guidance and newspapers.

What chance is there for PI to make informed decisions and how do they go about getting reliable information

[eeza] 08/2/2019 17:48

From skinny's link

"This altered following a ruling by Ofgem in 2015 that stipulated suppliers have to inform customers of the cheapest tariff they offer, whether it's through a white label service or one of their branded tariffs.

Ofgem hoped this change would lead to increased transparency whilst maintaining a competitive market, but it had the opposite effect."

OFGEM truly unfit for purpose.

[whatsup32] 08/2/2019 13:35

States this affects all utilities that agreed back up contracts and that it’s temporary.

[skinny] 08/2/2019 12:44

A bit more on .