Centrica Share Discussion Threads

[338] 28/3/2019 09:14

CNA is having wrong business strategy in weird environment at the moment

[338] 28/3/2019 09:13

look at LLOY

[338] 28/3/2019 09:12

the drop is to give opportunity for Mercer to further lower the average price of his belonging

Historically, big roller coaster is common in footsie companies

[kiwi2007] 28/3/2019 09:07

I would have thought it was about now 338... don't really see why it ought to drop much more.

Or, if you are playing silly games as you are surely then just 1 or 2p would be absolutely ideal?

[338] 28/3/2019 09:06

kiwi, ideally the entry point is 75p - 90p then?

[kiwi2007] 28/3/2019 09:03

2020...The dividend will be cut to between 9 to 10p. Earnings will be around 11 to 12p and the share price ought to recover to around 150p.

That was from a fortune teller on Blackpool sea front.

[338] 28/3/2019 09:02

Conn keeps selling energy production assets, which he might be the right person to do so but shifting focus to retail business is certainly not his expertise

He should have invested more on future technology and renewable energy production. Investing more and more money in retail will only drive profit from efficiency as any increase in margin will get capped my OFGEM... so basicly the money injected to the retail sector will be passed on for public benefit instead of shareholders... that's way the share price plummeting... I think :)

It would have been much different if CNA invested more money in future technology and renewable energy production, we maight still see CNA staying at £2 - £3 regions ... just a hypothesis from 338 :)

[nortic 007] 28/3/2019 08:56

Lloyd's is a penny share. It's a wind up!! :)

[gaffer73] 28/3/2019 08:49

CNA should move into energy production and away from the retail side in the UK and concentrate on the US where the government don't stick there nose in for cheap votes.

[masterblaster] 28/3/2019 08:48

Imo a true penny share company has a share price of one pence and below

[masterblaster] 28/3/2019 08:41

Even if it went below £1 cna will still be valued at over £5 Billion pounds.imo most penny share companirs have a value of only a few million pounds.You cannot compare cna to them as a possible penny share.

[waynex] 28/3/2019 08:41

Conn is selling America assets Rough gas field coming to an end, he's not going to have the cash to pay high dividends soon, going to miss financial forecasts this year, profit warning looming only a matter of time till CNA is below a pound.

[nortic 007] 28/3/2019 08:36

The longer he stays silent the longer the share price will drift. Time to make tuff decisions Mr Conn.

[nortic 007] 28/3/2019 08:34

If Conn was to resign that would stick 10p on them at the open. I've read those figures and his statement. He just doesn't sound that fully committed. It's like he's only just doing enough. A stronger man at the helm would be a breath of fresh air and the City has it in for Conn so a change of leadership would be a positive.

[338] 28/3/2019 08:28

16p more down to become a penny share :)

[masterblaster] 28/3/2019 08:19

We need a good take over rumour to put a rocket up these!!!

[masterblaster] 28/3/2019 08:18

But unless we are offered a take over price near £2.00 most will be under water.what price would we get if utilities were renationalised? Imo its so expensive labour will never do it.

[jordaggy] 28/3/2019 07:50

...plus, shell have announced they have big plans for the energy sector!

[mitchy] 28/3/2019 07:42

Snorky - at 10% + yield it looks tempting doesn't it ? But is it worth the worry ?Electric cars should be making this fly but the opposite is the case !?Good Luck.

[snorky123] 28/3/2019 06:41

Looling at buying into a few dividend stocks having reduced on SLP. Any thoughts on Centrica, are they at or near bottom?

[nortic 007] 28/3/2019 06:26

Morning JPWas just reading your post again about where some of the FTSE stocks are. It was almost a double take as I looked at M & S as a possible drop. You never would have believed that years ago!!

[whatsup32] 27/3/2019 19:31

Well done mitchy. :)

[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!