Centrica Share Discussion Threads

[discodave4] 25/4/2019 22:12

Likely to go below £1 ex div but it (£1) will then provide strong resistance IMO.......but WTFDIK so please DYOR :)

[discodave4] 25/4/2019 22:08

HTTPS://www.euronews.com/2019/04/25/barclays-says-to-exit-british-gas-fracking-business

[discodave4] 25/4/2019 22:05

Nothing too exciting: HTTPS://www.hellenicshippingnews.com/centrica-first-to-upgrade-to-survitecs-new-tri-approved-immersion-suit/

[discodave4] 25/4/2019 22:03

wrong time to buy too IMO, but as ever WTFDIK DYOR.

[orinocor] 25/4/2019 21:56

wrong time to sell imo

[orinocor] 25/4/2019 21:54

15 April 2019, "Add mild Q1 weather, nuclear outages and softening upstream revenue to the mix and we now see 2019 and 2020 EPS below consensus. Combined with an impending dividend cut, this is unfortunately too much for us to endure," said JPMorgan, which lowered its target price on Centrica from 150p to 125p per share

18 April 2019, UBS today reaffirms its neutral investment rating on Centrica PLC (LON:CNA) and cut its price target to 110p (from 135p)

[skinny] 25/4/2019 21:04

Diku (17839) - that's the MA not the share price! :-)

[n73] 25/4/2019 20:26

Surely now will be the time of laying off a large number of people and de/invest noncore

[diku] 25/4/2019 18:56

What is the purpose of having a CEO?...

[hifc231] 25/4/2019 18:55

Hi DD, Sorry Anzac day here so tend to forget the rest of the world is working today. The other thing regarding electric cars is that here are other large suppliers, Solar panels on houses etc, so I stand by my view that they will make little impact on this company...…230; Still praying for these suckers to hit 2.25 ..... Least in 10 years if they keep paying 0.12p Div ill make my capital back lol

[diku] 25/4/2019 18:55

According to post 17830 it is heading for zero!!...a perfect text book 400p double top...

[discodave4] 25/4/2019 17:57

Couldn't do any worse!.

[338] 25/4/2019 16:40

Can it be turned around without new CEO?

[drectly] 25/4/2019 16:38

This share /company is something else. My port is normally about 25 shares, over the last 10 years, probably about 40 different shares owned. This was long ago bought as something safe for a bit of regular income. The losses on it are so much more than anything else owned, including the higher risk options that never fall like this. The only consolation, it becomes an ever smaller proportion of the portfolio and therefore its performance less significant. Hopefully there is some change, but even I can avoid being tempted to averag down further here.

[n73] 25/4/2019 15:58

Trading level about the same as back in late 1990s ( inflation not considered)What a ride, downhill.

[crossing_the_rubicon] 25/4/2019 15:47

Careful

Shell entering the domestic retail energy market is a game changer imho.

One expects RDSB will put it off.

They do seem to be ahead of the Eco clamours.

Utilities have not been a decent investment for a while and I suspect will continue to lose their appeal.
Returns too highly regulated.
And way too much political risk

[careful] 25/4/2019 15:37

Only kidding.
Anyone investing heavily in Centrica is an idiot.
I always have difficulty in cutting my losses.
I usually go down with the ship.

Now that a big beast like Shell is trying to win energy customers it is very worrying.
And the bad publicity in the press is constant.

I never hear a positive word about Centrica outside of their own company reports.
On this thread it is invariably one way traffic.

It is like the dreaded Brexit debate.
I am a remainer and think the EU. is a great idea that has transformed the uk economy over decades.
But no one ever defends it for the wonderful collection of cultured counties it is.

[careful] 25/4/2019 14:25

What is the basis of my purchase of CNA at av. price of about 160p?

If I explained that it would allow you to pick my brains and make the same smart moves that I do.
Look on it as intellectual property.
Highly complex.

[discodave4] 25/4/2019 14:00

Yep, didn't want to mention 20+ year low as it upsets some folk, the truth that is.Good luck

[wallywoo] 25/4/2019 13:48

52w low Disco! I think you mean 21 year low, the last time the share price was at these levels was 1998. Was a major support level then! lets see what the next few months bring.

Turnover was £7.5B then, pbt of £164M !!

[discodave4] 25/4/2019 13:39

No offence but you seem to make contradictory statements.You bought here based on what exactly? and why?, sorry just trying to understand your point of view.

[careful] 25/4/2019 13:33

Share prices hardly worth a discussion.
The long term prospects of this company is what matters.

Right now the market, meaning traders, are exploiting worries about debt, profitability, political uncertainty.
Down and further down we go.

Nothing to stop it, likely buyers are either already in and losing their shirt, or nervous to take a punt.

Conn is reducing controllable overheads, as reported, but some a beginning to question the survivability of CNA.

A £29bn turnover company, supposed to be a regulated utility, being destroyed.
It is becoming an historic disaster.