Centrica Share Discussion Threads

[discodave4] 25/4/2019 13:24

Having another go at a new intraday 52w low.

[discodave4] 25/4/2019 13:23

Hi WW,Wouldn't disagree, just believe with forecast eps 8p that this will dip below £1 and unless a positive update (which I don't think it will be) it could fall to low 90's before it turns. But like yourself WTFDIK, so who knows.Good luck

[wallywoo] 25/4/2019 13:12

Well I have purchased today. Yes I know I am catching a falling knife BUT:

1) This downturn has to change at some point
2) xd and Trading update coming next month
3) I for one think it will bounce off the £1, but WTFDIK
4) backed by lots of assets, this is no here today gone tomorrow company, it is a tanker slowing turning, when large caps do turn the up turn can be just as quick.

Time will tell, worth the risk at this price level imo

[discodave4] 25/4/2019 13:03

Hi careful"Centrica are a large diversified energy company.It would be difficult for an analyst to understand."So you bought here on the basis of what exactly?.....hope+dividend?.May need to reconsider your handle :)Good luck

[discodave4] 25/4/2019 12:53

Hi LossesDon't know, up 18pips, will see.Are your shares here in a nominee account?......if they are then indirectly you are, or could be, shorting these as they are loaned out for shorting.Don't know why people get so wound up, longs think this will go up over a prescribed timeframe, I just think the opposite.....it takes two opposing views to make a market, those selling their longs think it will fall, those buying think it will go up.

[mroalan] 25/4/2019 12:24

"Looking at the group photo of Conn signing this agreement, I wonder if those calling for his head have the slightest idea of what it takes to run a company this size."

well quite we don,t, but then again that his is job for which he,s well paid for and has patently failed at every turn, he obviously (conn) also doesn,t realize what it takes to run a company of this size!

[marl07] 25/4/2019 12:14

Very soon?

[careful] 25/4/2019 12:07

Centrica are a large diversified energy company.
It would be difficult for an analyst to understand.

Just looking at the long term deal with Mozambique LNG to purchase 2.6m tonnes per annum, up to the early 2040's.
CNA working closely with the Japanese on that and other projects.

Looking at the group photo of Conn signing this agreement, I wonder if those calling for his head have the slightest idea of what it takes to run a company this size.

There are so many things going on worldwide, all we notice is the collapsing share price.
I will stick with Conn. He has been I post long enough to understand the industry.

[losses] 25/4/2019 11:41

When you closing your short? I have never shorted any stock ever..

[losses] 25/4/2019 09:54

Pound or below before XDIV.. Definitely going to be under a pound after XDIV unless there's some great news to save the day.

[masterblaster] 25/4/2019 09:23

Well i have held for a great dividend but lost multiples of it in the process!!!

[discodave4] 25/4/2019 08:55

Heading for a new intraday 52w low......all IMHO obviously.

[diku] 25/4/2019 08:30

Do the remuneration committee act in the best interest of just the Board or the wider shareholders or both?...

[discodave4] 25/4/2019 08:16

It's an open market isn't it, they don't need to acquire any supply company to take market share.

[discodave4] 25/4/2019 07:49

"I have a few shares, using Morgan Stanley target of 105p"Odd strategy if you don't mind me saying.

[muffinhead] 24/4/2019 23:49

susiebe - 16 Apr 2019 - 13:21:57 - 17480 of 17808 Centrica broker notes 2013/14 - CNA
A few people here completely dismiss talk of a bid/takeover but if share price drops under 100p then surely CNA becomes a very attractive target?

[diku] 24/4/2019 23:40

Post of the day...




susiebe
24 Apr '19 - 10:20 - 17783 of 17805
0   1  0



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

[muffinhead] 24/4/2019 23:37

DiscoDave4 24 Apr '19 - 19:50 - 17798 of 17804
Hi,
170
When? Why?

When?
When Shell gets the nod to buy the company off the city share manipulators
See post 17794 above...


Why?
Discounted free cash flow


History...
Centrica was demerged from BG Group in 1997
BG Group was bought by Shell in 2016 for $70 billion to diversify away from oil
Shell can use Centrica 25 million retail customers to expand Shell Energy



I have a few shares, using Morgan Stanley target of 105p

I will get back 8.4p a share final dividend in June
I can live with a rebasing of the annual dividend to 4p should that happen and no bid from Shell arrives

[discodave4] 24/4/2019 23:14

Worth repeating yet again for the benefit of longs here that are not on prescribed medication and aren't awol from their two villages:?Cheapest deal, well out of the big six anyway?That?s CHEAPEST DEAL, hooray!.

[discodave4] 24/4/2019 21:28

170 yeah right!Brokers are pants but here's the latest:8/04/2019 Broker: UBS Rating: Neutral Old Target: GBX 135.00 New Target: GBX 110.00 Unchanged15/04/2019 Broker: Goldman Sachs Rating: Neutral Old Target: GBX 126.00 New Target: GBX 122.00 Maintain15/04/2019 Broker: JP Morgan Rating: Neutral Old Target: GBX 150.00 New Target: GBX 125.00 Downgrade09/04/2019 Broker: Jefferies Rating: Hold Old Target: GBX 110.00 Maintain14/03/2019 Broker: Citigroup Rating: Neutral Old Target: GBX 144.00 New Target: GBX 128.00 Maintain08/03/2019 Broker: HSBC Rating: Hold Old Target: GBX 140.00 New Target: GBX 120.00 Maintain08/03/2019 Broker: JP Morgan Rating: Overweight Old Target: GBX 170.00 New Target: GBX 150.00 Maintain01/03/2019 Broker: Jefferies Rating: Hold Old Target: GBX 125.00 New Target: GBX 110.00 Maintain27/02/2019 Broker: RBC Capital Markets Rating: Underperform Old Target: GBX 130.00 New Target: GBX 115.00 Maintain22/02/2019 Broker: JP Morgan Rating: Overweight MaintainMax is 128 (Citigroup) by the year ????

[discodave4] 24/4/2019 21:23

Worth repeating for the benefit of longs here that are not on prescribed medication:"Cheapest deal, well out of the big six anyway"That's CHEAPEST DEAL, hooray!.

[discodave4] 24/4/2019 20:31

Cheapest deal, well out of the big six anyway: HTTPS://clubs.moneysavingexpert.com/cheapenergyclub/register?isCollectiveSwitchRegistration=true&target=%2Fcheapenergyclub%2Fresults%3Fsort%3DbigName

[discodave4] 24/4/2019 20:28

Next pivot support 101, then..........