Centrica Share Discussion Threads

[discodave4] 24/4/2019 19:43

"It is rare to have a divi of 8%.Just as rare I guess for a share to be at a 20+ year low and where net capital return is negative, but hey whatever floats your boat.DDPS yes I've read the AR, Conn doesn't know what he's doing, that's why this is where it is, simples.

[whatsup32] 24/4/2019 19:02

China’s three gorges €9bn bid for Portugal’s utility .

[muffinhead] 24/4/2019 18:57

CNA target 170p

[muffinhead] 24/4/2019 18:56

Shell Energy Retail, previously First Utility, could do with a further "25m customer relationships"... easy market share to grab imo

[discodave4] 24/4/2019 18:53

hifcCompletely agree, EV's not transformational for CNA, there will always be competition and CNA struggle with customer retention.

[careful] 24/4/2019 17:33

Reading the 2018 annual report.
In particular Conns long descriptive statement.

We forget what a large complex operation this is.
'25m customer relationships for example.'

Everyone who attacks Conn should be made to read the report. He knows what he is doing.
A very big job.

Share price action will improve over time, but it will take at least 2 more years to see the direction of travel.

[careful] 24/4/2019 16:22

getting my numbers mixed up.

Amazing the yield of some of my shares, always assuming the earnings/cash flow cover the payout.

All of the old investment rules have been broken.
Momentum is everything.

[poikka] 24/4/2019 15:38

Careful - "It is rare to have a divi of 8%."

Nice one, careful ;). It's even rarer to have a yield of 8% ;) ;)

[careful] 24/4/2019 15:03

8.4p divi ex divi 9th may. paid June.

It is rare to have a divi of 8%.
Shares will fall to below £1, unless they pick up.

[mroalan] 24/4/2019 14:52

"are these trading ex-dividend?"
er no,this is the only direction they trade in.

[poikka] 24/4/2019 14:25

Loved the comment about the Tesla that caught fire while stopped the other day: most Tesla fires have occurred whilst being driven".

Electric cars are a great idea, but I won't be buying one until I'm sure about things such as battery life and charging time (in real life) - oh, and fire extinguishing systems, and I'd want to be sure that the manufacturer doesn't try updating software while the car's being driven.

[the logician] 24/4/2019 14:20

are these trading ex-dividend?

[hifc231] 24/4/2019 14:19

All this talk of Electric cars is not as positive as you may think. In real terms there are less and less people taking the driving test (100.000 or 28 % less teenagers each year since 2007/8). Add the oldies that wont be able to drive in say 5-15 years when all this hype of electric cars is meant to be in full swing and the impact on Centrica will not be that great as some hope........Also you all think the government will let all those juicy tax pounds from petrol disappear? "NO", in 15+ years your road tax will be around the £1500+, Yes cheap electric to fuel the car but its will balance out to be about the same running cost of todays petrol car................ Centrica need to concentrate on diversification like Shell, BP etc are doing (broad range of Energy generation assets)..........Electric cars wont save this basket case.

[careful] 24/4/2019 13:49

My electric experience is limited to golf trolleys.
After a while the battery becomes weak and is unreliable and needs replacing.
It is worth 1 full round when charged, and needs to be permanently left on charge.

You can top up a petrol/diesel car in 10 minutes at a garage and drive for hundreds of miles.
Some cars are reliable after 100,000 miles and still running. Engine still powerful.

I wonder how many 10 year old electric cars there will be and how many new, very expensive battery replacements that will have had.

Electric are great when new, but the fall off in power and finite life is well known.

I have this vision on the M25 of unreliable old electric cars causing traffic jams, many on the hard shoulder.

we take the reliability of modern internal combustion engine cars for granted.

[susiebe] 24/4/2019 10:20

People just dont want to buy this while Conn is still in charge.

[kulvinder] 24/4/2019 10:08

All this talk about electric cars, not helping the share price much is it, still dropping like a stone.

[becca_pea] 24/4/2019 09:49

Also, if you are likely to want to use your car for long journeys, you could always get a hybrid.

I have a little city car because all I do is buzz about locally, but hubby has a nice big comfortable touring car which we use if we are going any distance.

So I guess when we change up I would get an i3 or similar, which would only need charging every couple of weeks, but until the technology improves hubby would probably elect to have a Hybrid to get the extra range and the ability to use petrol if a charging point was unavailable or if we didn't want to sit around waiting for it to charge but would prefer to "splash and dash".

A friend of mine has a Vaxhall Ampera which she loves. It has an electronic motor but also has a four cylinder petrol engine which is not connected to the wheels at all, but acts as a generator to keep the battery topped up if it starts getting low. The car also recovers power under braking to help keep the battery topped up. It's very efficient, and very comfortable with all the features you'd expect in a modern car.

[becca_pea] 24/4/2019 09:21

I'm afraid that I think that is a factitious argument.

Once electric cars are in common use the charging network will expand to the point that you have electric charging points on the hard shoulder on the busiest stretches, which you could never do with petrol pumps.

Besides, running the heater doesn't use much battery in an EV compared to - moving the car! The batteries are pretty big. Sure running a heater in a petrol car without the engine running would kill the battery in no time, but EVs have massive high capacity 75KWh lithium ion batteries, not a little 12V 300ah lead acid ones, so the battery could run a 500W heater for about 150 hours. And the Tesla model 3 has a range of 335 miles, which is notably farther than my current car, so if you'd gone 200 miles, you'd still have enough battery for 50 hours worth of heater.

And as for the petrol can - personally I don't carry one, much less a full one, and there is no way I would walk to the next service station on a motorway to fill a can up! No. I'd call the AA. Which is exactly what I would do if I ran out of electricity.

[w1ndjammer] 24/4/2019 08:46

average modern car. 600 miles per tank.

just imagine thousands of cars pulling into the services to charge their batteries after 150 miles.

only takes 5 minutes to fill up with petrol.

WJ.

[gaffer73] 24/4/2019 08:44

The point made by DD. In a petrol car you can keep a petrol can in the boot for circumstances like that, with an electric car you can't and you freeze to death. Or you jump in the petrol car next to you!

[redtom1] 24/4/2019 08:40

W1NDJAMMER,

My car only does roughly 190 miles on a full tank. After 200 miles I am running on vapour. Why do you think I have 70% left?

[redtom1] 24/4/2019 08:37

If you're stupid enough to run out of fuel (whether electric or petrol) then you freeze to death. Natural selection.
The question is daft as the same issue applies for any fuel. You will have topped up before getting to this point if you are sensible knowing the limits of your car/fuel.

[discodave4] 24/4/2019 08:33

Petrol can.

[w1ndjammer] 24/4/2019 08:23

No in a petrol car you would still have 70% of your fuel left....

trying to produce heat from batteries kills them.

WJ,

[diku] 24/4/2019 08:23

Normal service resumed...down unfinished business at 100p...