Centrica Share Discussion Threads

[mitchy] 12/3/2019 08:57

HSBC 08/03 Reiterates Hold 120.00p
JP Morgan Cazenove 08/03 Reiterates Overweight 150.00p

[timmy11] 12/3/2019 08:38

this co should follow ng. and invest more in the u.s

and less here

[diku] 12/3/2019 08:30

The only winners are the insiders...the rest is irrelevant...

[masterblaster] 12/3/2019 08:28

Seems to end up at broker forcasts. This is currently £1.10

[nortic 007] 12/3/2019 08:24

It's inevitable !!

[nortic 007] 12/3/2019 08:03

They've been doing that for days fella

[diku] 11/3/2019 23:14

Looking at the intraday chart this is on the verge of going under 120p...price was capped under 122p for over 5 hours...traded in a very tight range 121.5 - 122p since 11 this morning...

[the logician] 11/3/2019 15:56

is this due to the increasingly socialist policies (market control) of the tory government

[nortic 007] 11/3/2019 15:29

Yes I agree but MP's who haven't got a business brain don't understand. These fly by nights offer all these deals and they are not sustainable in the long run.

[whatsup32] 11/3/2019 15:11

I keep thinking these failures would be good news for CNA

[whatsup32] 11/3/2019 15:09

Another bites the dust.

Brilliant energy joins the list of failed suppliers

[nortic 007] 11/3/2019 14:52

Just a token gesture me thinks. That's a 1/3 of his monthly salary.

[careful] 11/3/2019 14:48

You must think that a purchase of over £100k is significant.
He seems a decent bloke, he must know it will be taken as a positive sign.

[nortic 007] 11/3/2019 14:37

It's the 3rd time he's bought a token 100/- shares. It means nothing. If he thought they were good value he would have bought 250/-but alas no.

[careful] 11/3/2019 14:30

I hope Conn's recent purchase is a good sign.
Almost £30bn turnover, you would hope they could make some of it stick.
CNA shareholders are suffering slow death.

[nortic 007] 11/3/2019 13:59

Another Groundhog day inter day chart I see!!I must sell a covered bear every time they have a rise .....

[masterblaster] 11/3/2019 08:47

Based on the final dividend of 8.4p this is a 7% return in under 3 months. Imo £1.68 would be a fairer value giving 5% over 3 months.

[bargainbob] 10/3/2019 16:48

Looking at price , will stay out a moment see Gramhite2 invested . Tell me when you sell Gramhite 2 lol

[the logician] 10/3/2019 16:39

yes that is v positive.
perhaps a reason why is North American Business generates £8.8 billion of revenue but close to zero profit. surely a lot of improvement is possible here. CNA has 10 different divisions, and ALL have the potential for significant improvement, such as cost saving or mergers.
is not buying a utility on a 10% yield is a no brainer? everyone needs heating.

[longstaycarpark5] 10/3/2019 16:06

Centrica PLC said that Chief Executive Officer Iain Conn purchased around GBP123,100 in stock on Monday. Conn bought 100,000 shares at a price...

[longstaycarpark5] 10/3/2019 16:04

Lads a data point: Ian Conn bought 100k of stock in the last week after results.

[masterblaster] 10/3/2019 13:09

Nice thought, at what price? even if we got for example double the current share price many will still be under water.

[mitchy] 10/3/2019 11:39

Pure speculation on my part but what if Shell ,who recently tied up with Direct Energy, are looking long term to diversify into electric energy ?It's something I've mentioned before the recent tie up and starts to look more realistic. 1. Ian Conn is an ex oil man with probable contacts in Shell.2. He's gone to great pains to reduce the companies debt 3. Debt may have been a sticking point for Shell.4. Government involvement in energy sector may have dampened Shell's appetite for a take over5. The price is right. 6. The electric car market is set to take off this year. Is a takeover of cna by Shell a realistic scenario? Just my idle thoughts on a lazy sunny afternoon in Sunny Weymouth.Good Luck.

[longstaycarpark5] 09/3/2019 19:36

Can sleep at night but interested in the investment case at this stage for holding which is what I normally do sometimes for too long!