Centrica Share Discussion Threads

[discodave4] 12/4/2019 22:09

Just a value trap

[discodave4] 12/4/2019 21:33

Not a defensive stock anymore!

[supermarky] 12/4/2019 19:51

The share price could hit any price at this rate. It is just being constantly whipped. There needs to be some decisive good news to change things. There is no sensible valuation here, just following the sheep down down down. If and when there will be a buy signal sentiment will change. Looks dire here for this profit making company in a so called defensive sector.

[discodave4] 12/4/2019 19:33

Statutory eps 3.3p on £30bn revenue, £1 is too much.

[discodave4] 12/4/2019 19:33

Your right.

[n73] 12/4/2019 19:09

Too big to fail

[n73] 12/4/2019 19:09

Too big fail?

[losses] 12/4/2019 18:11

Upticks ... Downticks who gives a fly fu*ck... Going to pound and under been saying that for weeks...

[nortic 007] 12/4/2019 17:45

So you don't really wish everyone the best of luck here and stop pretending you're short.You'll now notice my upticks against you.Apologies please !!

[nice_bloke] 12/4/2019 16:31

Can this any lower? Even if they don't reduce the dividend pay out (which is highly likely). I will have to keep this dog for a further 9 years before I break even :(

[careful] 12/4/2019 16:23

A derisory. market cap of about £6.2bn.

Comparing the fundamentals of CNA with other utilities it is a staggering collapse in capitalisation.
NG. SVT. SSE. Turnover, debt levels, assets valuation.

The problem is regulation.
For utilities the roll of the regulator is to replace competition where there is a monopoly.
For CNA the competition is severe and ease of switching made easy.
A regulator is not required.

I am hoping that common sense will prevail. CNA are almost profitless at the moment and yet still considered to be rip off suppliers.
At £29bn turnover this is a huge important company.
But valued at £6.2bn. Total assets £20.55bn.
Supported by debt, the usual utility model.

[silvergreyhead] 12/4/2019 16:22

DD gloating over people losing money what type of person is that probably got no shares in CNA whatsoever. Thought trolls only existed on AIM, not my type at all. Stopping reading this BB hate this sort of thing. I hope it turns soon, if it doesn't then fine I will wait till it does.

[discodave4] 12/4/2019 16:19

A dividend of 12p and a share price of 96pA yield of 12%.Yep and a drop in equity of 11% but it won't stop at 96 (IMO once the psychological £1 has broken) and if your happy to see a 20% loss in equity over a year for 11% yield then go for it!.......value trap pure and simple.

[nortic 007] 12/4/2019 16:07

True but he also paid 173 so it's six and one and.......

[portside1] 12/4/2019 16:06

It is not I have bought 5 times is buying

[careful] 12/4/2019 16:05

Conn made a statement a few short weeks ago.
Nothing to talk about.
When he bought more shares recently, that is a statement of sorts.

[nortic 007] 12/4/2019 16:01

They've got it too easy Portside.....

[portside1] 12/4/2019 16:00

When is conn going to make a statement ,Or resign , ever director should resign their Silence is doing more damage than the press ,Conn either make statement or resign and take back all the bonuses for their failure ,

[portside1] 12/4/2019 15:58

The biggest stench is the non directors who are their to speak out , why are they silent still picking up a salary for failing in their only reason to be their ,All fact ,

[careful] 12/4/2019 15:57

A dividend of 12p and a share price of 96p
A yield of 12%.

That is a bit better than the building society.