Centrica Share Discussion Threads

[nortic 007] 27/3/2019 19:13

Nice to see someone making a few quid :)

[mitchy] 27/3/2019 19:11

Closed my lloy position now. The DOW was putting me off plus I'm a bit nervous of holding overnight. Nice little gain ,it covered my loses here ..sigh!

[nortic 007] 27/3/2019 16:32

Thanks JPI didn't have my sharescope to hand which makes it easy to spot the numbers.

[jpjohn1] 27/3/2019 15:34

We are far from going out of the FT 100. At the start of the day we were 63rd, so a long way to go yet. Big names below us in market value TUI , Easyjet, Kingfisher, Severn Trent, ITV, Sainsburys, Morrisons, Barratts. One who does look like going out of the FT 100 is Marks which is on 100 at the moment

[essentialinvestor] 27/3/2019 15:25

Well many of the income funds have long since departed, however the passive
UKX trackers have to hold.

[nortic 007] 27/3/2019 15:03

One thing I would say is when the quarterly reviews come up. Funds will try and preempt who goes up or down in both the 100 and 250. If a company is on the cusps of going into the 100 then a few decent buy orders will get them in there. The reverse can be said from the 100 into 250.....You'll notice when a company first joins the 100 it'll go down on its inclusion..... funny old game!!! .)

[338] 27/3/2019 14:51

Thanks Nortic :)

[jpjohn1] 27/3/2019 14:49

I never have put a stop loss on but wish I had a done with this one, when I originally bought it. I have always used my own judgement, when I buy to what I would let it go down to before selling no matter what. My fear is if it does not stop going down to x-div we all know what to expect when it does -8.4p from the share price

[nortic 007] 27/3/2019 14:42

Only if they drop out of the FTSE but that's a long way off. Most companies haven't exactly performed and the same can be said for the FTSE 250Another word CNA is in good company

[338] 27/3/2019 14:37

how many institutions will be forced to sell CNA when the share price hit penny?

[susiebe] 27/3/2019 14:31

Trying not to look at cna right now!Need them back at 180....Hope everyone can hang on and remain positive longer term

[supermarky] 27/3/2019 13:55

Exactly 400 to 100ish ......Really?????Who is in charge of valuations?Can someone please let me know the figure to see how much this has lost in market cap? I bet this figure is many many times greater than price cap loss. This is all about sentiment. It is pathetic. This is still a stable profit making company in a so called defensive sector. Dear me this defies belief

[tim 3] 27/3/2019 13:46

A lot of the funds were long this over £4 if they don't know what chance do we have!

[supermarky] 27/3/2019 13:06

Cna are my worst performing stock ever. I wish I had loaded up with risky aim stocks. 400 to 115ish who the he'll was valuing this at 400 and now only 115 ish. Hilarious if it was not so harsh. I picked cna as a defensive boring utility. Silly me. Anyway as long as it pays the divi it keeps me sain until any very long awaited bounce. It cannot even go up towards the xd. What will it take to turn things around on the share price here. It seems to be a no brainer to short this. I wish I had

[jpjohn1] 27/3/2019 12:56

Sold my Lloyds 70k shares at 66.07 last Monday. Been quite a drop since then. Good luck with them

[nortic 007] 27/3/2019 12:55

It's perfectly naturally for everyone to feel a bit low right now but please remember way back when Barclays were trading at 50p and Lloyd and a plethora of other stocks were at all time lows that know one could see the woods through trees. In other words they weren't clear buying opportunities and the same applies here.Things can change for the better so try and remain positive and never let your emotions make you do a trade you'll regret further down the line.

[nortic 007] 27/3/2019 12:03

Still think one more leg down and then a slow recovery Just put the shares in the bottom draw and wait for better times.Just my opinion

[nortic 007] 27/3/2019 11:57

That's a tuff one and I'll be careful what I say. In the old days in the City it did happen in certain quarters and institutions do have a habit of selling out at completely the wrong levels. This stock is definitely get shoved around and there's know one to support and it's been a trend that clever traders will spot.

[tim 3] 27/3/2019 11:44

Nortic Do you think there may be some in the city trying to drive this down to a quid have noticed over the years shares seem to like round numbers and it's often a turning point?

[nortic 007] 27/3/2019 11:19

Hi JPThe shares intraday behaviour just screams sell at the moment but every share has to have a bottom I guess.I have this figure in my head where I think they might end up in the short term but I don't think it'll go down well with my fellow bulls. I'd then expect a slow recovery and if they get to where I think, they will be a target but that won't necessarily help everyone. You really don't want a bidder if you've been a loyal shareholder for all these years.I'll look on with interest

[mitchy] 27/3/2019 11:18

The sun is shining but there's a cold wind blowing. Took a position of lloy (61.54) this am on rumour of a possible agreement on May's deal . So the sun is shining for lloy and the usual cold wind for cna. Energy off but even so this is just getting silly now.

[jpjohn1] 27/3/2019 11:08

Yes Nortic, CNA share price just seems to keep dropping, and even on good days we don't go up. Unless we have a good rise in the next 6 weeks or so unfortunately with xdiv coming up, most company's go down by what they pay out. I can see this just over the pound mark. Hope that's wrong, and we hit the 130p mark. It takes a brave man at the moment to buy a large holding here. Don't forget we were saying not to long back this is a two pound share and look what's happened

[mercer95] 27/3/2019 10:28

Why so gloomy diku, I mean it’s only a 20 year low for Centrica’s share price, good entry point if you ask me, Conn is here for the duration IMO he topped up his holdings by 100,000 shares last month, it’s his master plan,the restructuring of Centrica, the 30% dividend cut,the job reductions ,it needed to be done & credit to Conn for doing it,utility market is changing,evolve or die,at least he’s got a plan,I reckon he will want to see it through, walk away a winner.

[diku] 27/3/2019 08:36

Divi cut or readjustment or temporary halt news has to coincide with some sort of company news...Conn trying to pick the right moment in the meantime share price
keeps drifting lower...uncertainty...Conn days are outnumbered and only matter of time he steps down...new CEO comes in and more kitchen sinking...a merry go round revolving door circus...