Centrica Share Discussion Threads

[diku] 12/4/2019 08:07

Broker notes are for one purpose only...sucker in joe public...

[losses] 12/4/2019 07:59

1 is coming and divi cut is inevitable

[losses] 12/4/2019 07:59

Broker notes.... don't make me laugh they mean nothing from experience...

[mitchy] 12/4/2019 07:58

The highest is 150p.

[mitchy] 12/4/2019 07:55

The lowest broker note on Centrica is 110p.

[snorky123] 12/4/2019 05:46

I currently do not hold, but recently looked at possibly buying them with other FTSE high yield shares such as Aviva etc. The reason I did not purchase was because they use all their profits to cover the dividend. Now this sends alarm signs and is not sustainable as the earnings are fairly predictable. In my opinion the dividend should be cut to say 7/8p which is still good and will allow freedom to make good business decisions. As the shares are in a long term downtrend which will not stop until they are South of 80/90p and the dividend is cut to a sensible level. The yield would still be high, and then the company might be able to regain some market confidence going forward. would appreciate the

[andyj] 12/4/2019 04:22

Me also, CNA now in their sixth year of a downtrend. That is going to take some reversing, however at the current yield you could hold them for ten years and if they are still worth anything then you are in profit. Tempted.

[turvart] 11/4/2019 20:26

I’m just watching on the sidelines and it seems like it’s found some support level at 110p, but the FTSE 100 has moved in a narrow range recently. I’m keeping my fingers crossed for you bulls in this and hope at least you break even. If I was in this stock I think from here if I held shares, then I would spreadbet on a short position and keep scalping it to try and have some sort of an hedge.

[p winky] 11/4/2019 19:30

I've kissed it already...

[wendsworth] 11/4/2019 17:34

mitchy:Thanks for the 'closed period' clarification.Nothing to stop Director buys up to the AGM then. Particularly glad you've been able to take a more reasoned approach to your CNA investment(s). In my view the recent share price falls suggests a wide margin of safety...... particularly in choppy markets.The turnaround potential with recent cost reductions and divestments should enable CNA to concentrate on best growth areas which will not only turn the business round but make it particularly attractive to predators. As others have posted the share price could turn very quickly and very much so in a situation where shorters have had a field day pointing up 'the bleeding obvious' as Basil Fawlty would put it. 'Political uncertainty' abounds in any event . As for 'regulatory risk' that is lessening with each day with the tightening up of market entry requirements in respect of kite-flying underfunded newcomer suppliers. As for 're-nationalisation' that ain't ever going to happen. Doesn't stop 'the mutter in the gutter' of course...that only stops when 'they've' squeezed sufficient ...and that point has been reached.
KULVINDER : You won't be disappointed.Your timing could well prove to be extremely fortuitous.

[kulvinder] 11/4/2019 16:16

Sorry Chaps, kiss of death, just bought in for the divi x date 9th May.

[666james] 11/4/2019 13:20

thats a good new name "in house adviser" I will remember that one. hope you enjoy the day

[mitchy] 11/4/2019 12:37

I still need to contact BG about returning customer numbers but it's my "in house advisers" birthday today and I'm designated slavefor the day. So it will have to wait until tomorrow.

[mitchy] 11/4/2019 12:32

That would be a formality.

[hifc231] 11/4/2019 12:15

According to Resolution 3 to be voted on at the AGM is the payment of the dividend at 8.4p (total 12p including interim at 3.6p), therefore if its to be voted on in May and if passed paid in June, does this confirm that it will be paid this year. Hence remove the speculation? Seems a bit strange to vote on it in May and pay in June if there was a possibility of reducing it in that two month time frame.....

[hifc231] 11/4/2019 11:44

666James .... Had a response from IR at Centrica... hand balled to equiniti .... but the following regarding items to vote on at the AGM ......................................
Centrica have asked that I respond to your query below.........

Being your shares are held in a Trust Account with Hargreaves Lansdown you will need to contact them directly with regards your voting rights and how to cast your vote. The following link to the Notice of Meeting will give details on the resolutions that have been proposed..............



hxxps://www.centrica.com/investors/financial-reporting/2019-annual-general-meeting

[optomistic] 11/4/2019 11:01

...so now we have to tolerate hours and hours of what we have had for months!
I shall be interested to see if anyone turns out to vote in the local elections, except of course the remainers who really do do not believe in democracy unless the result suits them.

[mitchy] 11/4/2019 10:56

Well I'm not sure an exit tomorrow without a deal would have been that much of a negative now as it must already be priced in.The results indicated that we are well prepared for a No Deal exit. In fact we were supposed to have left on the 29th March.I feel that any resolution either way is going to be positive now.

[mercer95] 11/4/2019 10:35

I reckon it’s a positive only because leaving tomorrow without a deal would have been a massive negative, I would lock up all the bars & wine cellars in Parliament until those clowns agree a deal,my long term trade in Centrica just turned longer,I’m in the trenches with this one, right next to mitchy, easily my biggest paper loss to date but I traded CNA a few times last year & took the dividends so I’m gonna keep on holding GLA

[diku] 11/4/2019 08:19

Nortic 007...is a good poster!...

[masterblaster] 11/4/2019 08:16

This should be storming shesd by now

[whatsup32] 11/4/2019 08:00

mitchy.

CNA is a solid company , making solid profits paying excellent dividends .

Most shares are down

my ones.
TUI DOWN 40% in 3 months
Aviva down 10%

[mitchy] 11/4/2019 07:56

In all the fuss over the eps drop caused by the draconian tax burden let's not over look the 12%increase in operating profit . Efficiencies ,debt reduction increased sales are starting to impact the bottom line.The increase in electric goods across the board are all good for Centrica.The S&P see a turnaround this year and I agree . The average broker has a hold on cna and I think that's what I'll do.