Centrica Share Discussion Threads

[whatsup32] 14/5/2019 22:20

If tax payers and customers were going to be better off with superior service, reliable energy at prices substantially lower then now I might be tempted to say it’s a good idea.
Fact is the margins are around 2% and I don’t see a nationalised company reducing costs or prices.

Bad idea

[discodave4] 14/5/2019 22:13

If Corbyn gets in nobody will be long in anything........makes you think eh!

[whatsup32] 14/5/2019 22:06

Labour plans to nationalise energy. FT
Plans to buy water industry for under £15b

When will CNA get a break

[tim 3] 14/5/2019 21:50

Oh and he will pay 18 year olds 10 quid an hour must be nice to have all that money to splash out!

When I was that age I earned £23 a week!

[discodave4] 14/5/2019 21:49

Yep, Northern Rock was deemed by the Government to be insolvent and worth............ZERO.

[discodave4] 14/5/2019 21:47

HTTPS://www.bbc.co.uk/news/business-48266605

[whatsup32] 14/5/2019 21:45

Looks like Labour haven’t given up on nationalisation plans for energy. Wants parliament to decide how much to pay.

Words fail me. Would that not be daylight robbery

[neilyb675] 14/5/2019 21:42

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[neilyb675] 14/5/2019 21:41

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[discodave4] 14/5/2019 21:41

HTTPS://www.express.co.uk/finance/city/1127076/British-Gas-energy-prices-Centrica-share-price-Ian-Conn-salary

[discodave4] 14/5/2019 21:39

HTTPS://uk.finance.yahoo.com/news/forget-centrica-11-yield-think-065156829.html

[discodave4] 14/5/2019 20:25

Hi red,Thanks, hope this comes good for you too........eventually!. Still up nearly 20 points with a stop at just over £1 still banks 15 so happy with that either way, what will be will be.The update was better than I thought in as much that there was not a clear cut profit warning or decision on the divi cut, but my gut is saying that will come, the update was more about no new news is deemed by the BOD to be good/better news and the priority was to take some pressure off Conn and the BOD. All obviously just IMVHO and wtfdik and DYOR and blah blah blah.All the best, truly appreciate the mature and intelligent debate, thanks.

[portside1] 14/5/2019 16:44

for ever one if its cold put on a jumper and thermal clothes simple I am 72 never ever put my heating above 13 fact the more heat you have the more you want but do not need

for those that are ill with doc note the energy customer should have a discount like cancer and needs to be warmer ,


go in to any home wre the woman does not work no hub and kids the heating will be on all day at 22 , stop paying women to have babies after two children nothing .and sod the dogooders saying they are in poverty the answer is if you can not afford more than 1 or 2 do not have them girls today have them for a free living and free home stop it now save the planet

but not one of these so called climate activists will speak on the subject they are to scared to speak on the biggest climate change course 1911 population of thw world around 1.3 b now one hundred years on 8b it is killing the planet and all wild life

[mroalan] 14/5/2019 16:35

ft up 68 cna on its usual path,gone quite here.

[kulvinder] 14/5/2019 16:19

Port side, don,'t disagree with your thinking, but it like anything, where do you pitch it in terms usage, as it could result the ones in poverty an struggling to pay their bills being worse off, especially old people living on just the state pension? Or are you more referring to the usage in big companies etc rather than the household?

[portside1] 14/5/2019 16:01

just think about this statement , climate change if climate change is down to the use of gas elec why are these idiots shouting about cost of gas elec and want it lower
so the public burn and use even more why is it the more you use the cheaper it becomes

these clowns have not got a clue , it should be the more you use the dearer it becomes
that is the way to save the planet but not one of these climate thick idiots and the brains of a dead fly ,

make it gov policy the more you use the cost goes higher that will reduce the use
not bringing it down

[nortic 007] 14/5/2019 15:46

It's become the norm these days to slag of utilities companies( especially CNA)to the point it's become boring but isn't strange that the majority of us on here and on this planet earth poses an iPhone where the profits margins are 50 % and above and we hear nothing. Apple sells us a dream but no one complains but utilities margins are so tight (1 or 2 % say) that it's not worth even nationalising now that MP's who have no idea about business stick their noses to make themselves look good.Just observing like.

[redtom1] 14/5/2019 14:28

DD,
I think your short is reasonably safe for now. I think we may have bottomed out on Friday but I'm not sure if we will see too much recovery. I doubt we will see £1 just yet. But you must be close to taking your profits. Don't lose them by holding too long mind. Well done, any profit is good.

[discodave4] 14/5/2019 13:00

Does look like its defensive attributes still hold, don't know why tbh but hey.Doubt this will break and hold above £1 but if it does will close - yippee!

[redtom1] 14/5/2019 11:33

A halving of the dividend from 12p to 6p would give CNA addition cash resource of £340m per year. This could be used to reduce debt which which the markets would welcome and a 6p dividend would be covered by earnings (again market would be happy for dividend to be covered whereas it currently is not) and the yield would still be 5-6% assuming share price in the 100p to 120p range. Again, market would be happy for this decent yield. All in all a dividend cut should (in this case which is unusual) be seen as a positive move.