Centrica Share Discussion Threads

[discodave4] 20/4/2019 11:57

Imagine so, but as ever it will come down to institutional investors not pi's.......that said although the Unions have asked employees who hold shares to show their disgust with Conn, I wonder how much influence they have with some of the II's, particularly UNISON with their pension funds.

[discodave4] 19/4/2019 22:05

We will see I suppose.Good luck

[turvart] 19/4/2019 21:41

Pvee,
Punter like US, correction, I'm not a punter I understand balance sheets thank you very much!

[pvee] 19/4/2019 21:07

Get a life Turvart, cant blame ML for CNA's situation.

Strategy is the key and sorry but ML is a mere punter like us

[discodave4] 19/4/2019 19:23

He hasn't had it voted through yet!, just like a lot of things.

[turvart] 19/4/2019 18:59

Ha ha gaffer73, you've just got me wetting myself! 😂😂😂😂8514;👍

[gaffer73] 19/4/2019 18:56

I'm expecting a brilliant update, otherwise how can Conn justify his pay rise??

[turvart] 19/4/2019 18:48

Just wait until Martin Lewis is in front of the judge and he tells the judge to switch his gas to BG, he will be fined 2 billion and ordered to buy 3 million CNA shares and put on community service and that's with a tag around his ankle!

[diku] 19/4/2019 18:27

One down ticker stalker missing in post 17688...gone shopping or relaxing in the sun?..

[discodave4] 19/4/2019 17:07

ps the trading update on the morning of the AGM will be interesting, I'm guessing a profit warning but who knows. On a like for like given no Beast this year and milder wealthier it won't be too favourable.Onwards and............downwards (sorry longs, bit of a cheeky deramp there).DD

[discodave4] 19/4/2019 15:38

They gave an update on strategy in the finals and more recently the AR. What exactly do you want them to say?Good luckDD

[discodave4] 19/4/2019 15:17

Bet it's the same Monday too........whoop whoop longs!. Lol

[discodave4] 19/4/2019 15:17

hifc"would the loss of revenue from the Nuclear side (if any) be equal to the loan repayments (i.e neutral) or will this affect the bottom line (e.g the profit is less then the repayments from that particular division)."Sorry I think that's beyond my capabilities. However, the revenue from nuclear was about £530m (adj op profit £27m) and Group financing costs were £273m. So nuclear rev is nearly double the group finance costs but it's not that straight forward. Analysts in July 2018 were valuing the CNA 20% nuclear stake as £1.1bn. So simplistically CNA Group rev and adjusted op profit would reduce 2% by offloading nuclear but net debt would reduce by a third if the sale was used solely to reduce debt, which I doubt would be the case, but I see the value of getting rid of nuclear. That said their (nuclear) margin isn't too bad, but this is CNA accounting with "adjustments" so say no more.Perhaps some other holders here with far more knowledge can answer for you.All the bestDD

[stewart19] 19/4/2019 14:47

What exactly did Martin Lewis say to manipulate Centrica. Nothing on Google and ITV wouldn't air anything that might bring legal action.

[waynex] 19/4/2019 14:41

Today is the first day in ages that centrica has not lost any value.

[diku] 19/4/2019 14:11

An update on strategy already out...Mr Conn got a pay rise!!!...that was the strategy now and going forward...

[careful] 19/4/2019 13:50

We need an update on strategy here.

[discodave4] 19/4/2019 13:46

Hi W1nd"DD you need to do you homework re: Spirit you are off track......"Can you expand on that please. Conn as CEO was responsible for setting up Spirit Energy in 2017, in February this year CNA have stated they want to limit their exposure to Spirit Energy, I.e. reduce its 69% stake.So Conn hasn't got a clue what he's doing, that was my point. HTTPS://www.offshoreenergytoday.com/new-ep-player-spirit-energy-starts-trading/ HTTPS://www.pressandjournal.co.uk/fp/business/north-of-scotland/1683091/centrica-hints-at-reducing-exposure-to-spirit-energy/All the best :)

[discodave4] 19/4/2019 13:31

Hi jackoCheap as chips?IMO they are still too high, at some point once they have bottomed out (less than £1) then they may be a decent LTH for FY20 turn around but tbh with this BOD at the helm and other macro headwinds, why when better investments out there.DD

[careful] 19/4/2019 13:29

If someone say a good word for Centrica, then people go crazy.
Centrica is well run company providing essential services at a competitive price.
Long term, because of the advantages of scale, they should be able to secure a better deal that smaller competitors.
Although smaller competitors go in with a cut price teaser rate to 'harvest' new customers.(reminds us of the teaser mortgage rates for sub prime customers that broke the financial system in 2008).

[wipo1] 19/4/2019 12:46

What did Martin Lewis do wrong? I missed his TV show.