Centrica Share Discussion Threads

[whatsup32] 24/3/2019 20:31

Nortic.

You’re not alone .

[nortic 007] 24/3/2019 20:25

I hate to burst my friends bubble but it's not me either posting down ticks.Posting a down tick on a question mark really isn't my style!!Hoping for a good week but can't say I'm feeling to rosy about the short term.

[whatsup32] 24/3/2019 20:09

DD

If I remember the article was first in Business insider

[whatsup32] 24/3/2019 20:07

Hi Disco.
Article was from fools .com . I had a quick look and couldn’t find it. I don’t personally put much value on Fools.com so suprised that you do.
Yes I find you insensitive to others , not sure why you find it necessary to be that way. Perhaps you have a grudge against somebody.

I used to hold bought and sold for a profit and hence my interest here. I’m all in Aviva at the moment. If I wasn’t would I buy CNA?. No

I would wait for dividend to be cut and the correction on the share price , I bet that suprised you.

And for your information I don’t give thumbs down to anyone .

[discodave4] 24/3/2019 19:54

Hi whatsup,Have you found that article you mentioned?Who's been insensitive?, surely not me!. If posting up facts is "knocking" the company then I think your in the wrong game.And you don't hold!, why not if you don't mind me asking.

[whatsup32] 24/3/2019 19:32

Shorters tend to get it right more often then not. KGF,DEB,METRO,M&S.all been shorted. Have to also add they take higher risk then holders

I don’t like the insensitivity of some people who come here and knock the company probably knowing full well there are a lot of people here who may be down some 50% on their investment .

I don’t hold any CNA so it’s not personal to me.

[mercer95] 24/3/2019 19:03

You make some valid points DiscoDave & well done on being honest about holding a short position here ,it’s refreshing & I personally don’t have a problem with traders going short,I can see the attraction of making money at both ends of the market but you can also lose at both ends too so fair play DiscoDave & good luck.

[discodave4] 24/3/2019 18:11

Logician / wendsworth,As I said it's nothing personal, but I think anybody that believes this is a sound investment all because of div yield "needs their heads looking at". The list of top yielders and capital returns clearly demonstrates that in this climate income is not a sound strategy.....the yields are high for a reason, and it's not because there's equity value, the complete opposite IMO (apart from Evraz which I've really been tempted to invest in - but think it's at the top of its cycle and Abramovich seems to concur).As you all know, 9th May is ex div at 8.4p, many LTH's will hope the price builds up to ex div, I doubt it will this year. Last year it went up 19p from now to ex div, the year before it fell 12p......but this year (compared to 2018) is completely different IMO. Besides if it does go up I will close and reopen after ex div, I'm here medium (possibly long) term.......unless it goes against my trade!.

[diku] 24/3/2019 18:06

You might get your 10% yield that will make you happy in the short term...but eventually the market will take back the 10% and more from you...

[wendsworth] 24/3/2019 17:36

DiscoDave4 : Understand your comments but not your logic prior to ex-dividend date. Still as you intimate ...that's what makes a market !

[the logician] 24/3/2019 16:35

anyone shorting a 10% yielder needs their heads examined. sure, it is possible you could be right and make money, but it is massively risky. if gilt yields stay at 1%, there is massive potential upside if they can pay any dividends at all, let alone 10%!

[discodave4] 24/3/2019 16:25

jpjBeen following DEB for a while. It has IMO been a pure gamble / punt for a long time. Personally wouldn't touch it with a barge pole.

[jpjohn1] 24/3/2019 16:15

The biggest gambling punt I think in the FT at the moment is DEB ( Debenhams ) at 1.31p. If this company survives anybody buying a lot could finish up a millionaire. But if it fails, which looks odds on ( like BHS ) you have lost your money. I had about 60k pounds in them years ago when they were about 95p. When I sold them I made a little profit. When I sold lloyds Monday I could have put that money on these and had 34 million shares. I didn't fancy taking that risk

[discodave4] 24/3/2019 16:15

I agree, posts won't make any difference to the share price whatsoever, positive or negative.I do think I can make money here in the short-medium term and good luck to long term holders. Just see it differently at this snapshot in time to most LTH's who post here....some take it personally but its not personal - if having the opposite view, even when supported with facts, causes red mist then confirmation bias is at play IMO. I'm not a "this is going to 10p" etc etc troll, just the other side of the trade.

[jpjohn1] 24/3/2019 15:55

Each to there own, DiscoDave. If you think you can make some money. I like it here, I would not have 100,000 shares here if I thought it was no good. Don't forget there are only probably a handful of people that ever read any of these posts on here, and anybody complaining makes no difference. If thousands of investors read them it might

[discodave4] 24/3/2019 15:48

Hi jpjI do like the look of this share, that's why going short!. Sorry it's nothing personal.

[jpjohn1] 24/3/2019 15:13

Quite optimistic this will head up to the 130p mark before going xdiv. Paying such a high div payment, investors won't be able resist buying in. Trying to be a bit more positive here chaps,no good just running it down unless your going short. If you don't like the share move on and pick one you do like !

[diku] 24/3/2019 13:21

Timing when to cut the divi and to inform market is key...it has to coincide with some sort of trading news update or on results day...Conn has lost touch with reality like most CEOs of mega companies...had ample opportunity to do that much earlier when price was trading around 150p...

[gaffer73] 24/3/2019 13:05

Yeah good point, so it would be a much bigger loss!

[the logician] 24/3/2019 10:47

gaffer73
this 10 would not have been the top 10 yielders a year ago, which is indeed since they have performed badly. so what were the top 10 yielders a year ago and how did they perform?

DiscoDave4
can you post the data?

[gaffer73] 24/3/2019 10:15

Not good when the FTSE is near ATH!

[discodave4] 24/3/2019 09:52

Morning logician,According to Beta and risk grading CNA is not the least risky, far from it.