Centrica Share Discussion Threads

[kiwi2007] 04/3/2019 20:05

8.40p ex div 9/5/19 paid 27/6/19

[stag6] 04/3/2019 19:55

Has the dividend been announced.

[whatsup32] 04/3/2019 19:12

Well done on Lloyd’s JP

[jpjohn1] 04/3/2019 18:58

Evening Nortic, confident this will go back up again. I made my mind up the other day, I will keep buying the 50k shares I last bought buying and selling until my averages go right down until I'm in profit. My other company I have a bit of a holding in has shot up. Lloyds Bank. I think it went has low has 49.5p about 28th December. Look at it now, hopefully this will make has good a recovery has that :)

[nortic 007] 04/3/2019 18:43

That's good JP but don't torture yourself reading them because they are all saying exactly the same thing and getting paid for it. Doesn't take s brain surgeon to tell us the divi is under pressure.

[jpjohn1] 04/3/2019 18:29

Good or bad news, I still put it on :)

[jpjohn1] 04/3/2019 17:57

Only bit of news I could find on us today. Jefferies has lowered its price target on Centrica (LON:CNA), arguing that the group's dividend is 'hanging by a thread,' Sharecast reports. The comments came after the British Gas owner recently updated investors on its full-year performance, cautioning that the energy regulator's price cap will impact its cash flow and earnings this year.Centrica's share price has been subdued in London in today's session, having given up 0.81 percent to 122.45p as of 10:03 GMT. The stock is underperforming the broader UK market, with the benchmark FTSE 100 index having climbed into positive territory and currently standing 0.31 percent higher at 7,128.48 points. The group's shares have lost more than 13 percent of their value over the past year, as compared with about a 0.7-percent dip in the Footsie.Jefferies weighs in on CentricaJefferies, which sees Centrica as a 'hold,' trimmed its price target on the shares from 125p to 110p last week. Sharecast quoted the broker's analysts Ahmed Farman, Charlote Chiew and Luca Cartechini as saying in a research report that while the British Gas owner's credit metrics and dividend were seen as 'borderline,' a cut to the group's payout was not 'inevitable'."Our view remains unchanged that Centrica's dividend is hanging by a thread, but new costs and disposals mean that the balance sheet pressure is not acute enough to make a dividend cut," the analysts elaborated, adding, however, that they also thought that a re-affirmation of the 12p-payout, "without further balance sheet and growth measures, is unlikely to get much credit from the market".Other analysts on FTSE 100 groupRoyal Bank of Canada, which rates Centrica as an 'underperform,' also lowered its price target on the British Gas owner last week, from 130p to 115p. According to MarketBeat, the blue-chip company currently has a consensus 'hold' rating and an average valuation of 133p.As of 10:20 GMT, Monday, 04 March, Centrica PLC share price is 122.45p.

[whatsup32] 04/3/2019 17:45

Yes we can

[masterblaster] 04/3/2019 15:54

Can we finish blue?

[nortic 007] 04/3/2019 14:45

Maybe if I live to 170 but I just can't see that anytime soon!!

[portside1] 04/3/2019 14:17

158p target buy buy buy

[svenice7] 04/3/2019 10:23

Sub 120p here we go

[mroalan] 04/3/2019 10:03

Tim,increases in council tax is gov policy which has come about by gov reducing grants to local governments,the onus will be on you,it is called QE. WHICH WILL AS IT ALWAYS HAS INCREASE EVERY YEAR. oops.

[timmy11] 04/3/2019 09:56

it would be more helpful if she lowers council tax!!

[mitchy] 04/3/2019 09:10

Buyers are back time to load the boat.No advice intended...ahem!Good Luck

[nortic 007] 04/3/2019 08:49

Friendless again today and I can't see that changing for some time I'm afraid !!

[mitchy] 03/3/2019 23:22

Tesla selling cars for £35k . Now they can take off in 2019. Just like Elon s rocket. Prices for electriccars will fall across the board to try and match Tesla. CNA will be going along for the ride. That's where our increased profits will come from.I've been saying it for a couple of years . I thought 2018 was going to be the sea change year but I wasa year early with my forecast. Better late than never. Of course if the government have their way it will be never.I just hope they think twice now that so many providers gave gone bust because of their ignorant meddling.Good Luck .

[discodave4] 03/3/2019 21:14

May be of interest: HTTPS://www.ii.co.uk/analysis-commentary/centrica-trend-too-good-ignore-ii507788

[jpjohn1] 01/3/2019 19:47

Of the 12 Brokers covering CNA2 Buy, 6 Hold, 4 Sell so quite negative and a consensus of 133pHave a good weekend all. :)

[jpjohn1] 01/3/2019 19:45

So happened here this weekQuite flat, finished up + .90p or .73%It hit a high of 127.15 and a low of 121.85p FT 100 - 71.87pTwo comments this week, both negativePost earlier Jefferies lowered to Hold 125p to 110p &Royal Bank of Canada lowered 130p to 115p

[jpjohn1] 01/3/2019 16:03

Agree whatsup, CNA have been. I bought another 50k at 119p. More luck than judgement .Getting it at the right price is hard, I think it did carry on dropping to about 117p. Been here so long now, I think I will wait till it gets to 130-140p mark and sell the 50k shares,the extra money I make will go to when it has another drop again. I will keep this going until I bring my averages right down. My average is155p at the moment

[whatsup32] 01/3/2019 14:39

Hi Jp. Disappointed with CNA performance. Still think they should have cut dividends.

I finished the back garden , removed decking and fitted sandstone from India and used a sealant that enhanced the natural colour. Now looks really nice.

Started on the front garden, ordered a pallet online instead of screwfix who no longer sell them . £80 per pallet cheaper and on time delivery.

Kingfisher owns both screwfix and B&Q . This time round service was bad from screwfix (didn’t reply to my email) and B&Q very friendly in store staff.
Also Wickes lacked customer service and wanted garden plants that they didn’t stock.

KGF 5 year plan to save millions and streamline the business may not be going as planned.

[jpjohn1] 01/3/2019 13:57

Afternoon whatsup, yes another broker getting negative about us. Jefferies put a Hold but lowered their TP on us from 125p to 110p. It will be nice when one of them has something positive to say here !!

[whatsup32] 01/3/2019 12:48

hxxps://www.shareview.co.uk/4/Info/Portfolio/default/en/home/markets/Pages/Broker-views.aspx

Jefferies. Hold , reiterated