Centrica Share Discussion Threads

[hifc231] 26/5/2019 15:45

Whats the Stocks name then, if your so passionate about it..... share and us buying would help you too.... so do tell ....lol

[turvart] 26/5/2019 15:42

The stock I’m I’m talking about is my Baby and I love it so much because it is a money making machine. Think about this hard, while your trying to get your original investment back I don’t feel that CNA moves that much to try and trade it, but the stock I’m taking about has wild moves up and down and it’s so easy to make money.

[jpjohn1] 26/5/2019 15:41

I don't just trade these Turvart, I purchase about 1.1/2million pounds a year now, three years ago it was over three million pounds traded. The most in one day 628k pounds but it was a very stressful day

[hifc231] 26/5/2019 15:38

Ill just have to sit on these lot and see if they come good. Like i say im willing to give 2-3 years to this, would like the money but dont need it yet. I bought these when i sold my remaining properties in the UK back in 2017 thinking safe place to leave until i need the cash, ha ha ha (crazy laugh). But hey lost everything in the GFC of 2008 and came back. Will just have to innovate again to build up the retirement pot.

[jpjohn1] 26/5/2019 15:36

I don't drink, if somebody said I would not touch alcohol again it would not worry me , but if they said my mug of tea every hour I would lol

[turvart] 26/5/2019 15:34

Jpjohn, Why don’t you join my world and trade a stock that has serious legs, up and down and has the best fundamentals you will ever see in the FTSE 100. Why bother with Sh*t fundamentals that CNA offers, cut your losses and come into a great trading team that you can make money on long or short.

[jpjohn1] 26/5/2019 15:33

Agree Turvart, like you I was a full time trader. Looking back I was very fortunate at that time and made enough money to last me without any worries again. I always use my last tranche to sell first like you.

[diku] 26/5/2019 15:30

Honest of you to say you are drunk here!!...you will be in good company with porty...

[diku] 26/5/2019 15:28

There is always the 1st time...2nd time...and 3rd time...markets have a habit of giving you with one hand and will take it all back and more with both hands...

[turvart] 26/5/2019 15:23

I’m not a full time trader anymore I’ve got a job because trading turned me into an acoholic, I only drink on weekends now, that’s why most of my posts are bizarre, I’m actually drunk on weekends. One thing I learned fast as a full time trader is that you shouldn’t trade your average price, but you should trade your lowest price tranche and keep trading that, this then brings your average down, personally if I had your sort of money I wouldn’t be investing in CNA but I would invest it in my all time favourite stock and pull 4 tranches of entering into it, the stock I’m talking about has serious legs and when it performs it will never cease to amaze.

[jpjohn1] 26/5/2019 15:22

I think we are all down here hifc, I have 100k shares, if I sold them I would lose a fortune. Not quite so bad on the 50k at 119p but the other tranche is at 187p !!, so I would be losing over half my purchase price on that one. How far this one will drop is anybody's guess, we are in new territory each day. Their are many of us feel exasperated at the share price here seeing nearly every day dropping and going to new lows. You have to look at this long term and try to forget about them and put them in the bottom draw, other wise it would screw your head in. It will turn eventually, and the soon the better. I remember on a post on CNA there was a chap saying it was 180p and he said he could not afford to lose anymore, and I said try to hang on there. How wrong I was

[discodave4] 26/5/2019 15:21

Sorry hifc.What does Buffet say, something like if you can't handle a 60%, 70% (can't remember the number) loss then you shouldn't be investing. Have a share with similar loss but locked in to hold and hope it comes good.This will recover in time.

[discodave4] 26/5/2019 15:17

Just posted up the headline from the article. If Conn thinks losing c 700k customers a year by forcing smart meters on them is the way to go then good luck with that strategy. Ofgem fine for not hitting target would be what?.

[turvart] 26/5/2019 14:39

There are some great fundamentals in the footsie at the moment like Rio, Lloy, CCL, SSE, BAT, UUL, ANTO, GSK, AZN. Have you ever considered the alternative option and making your money grow faster, I took a massive hit on my pension fund where i opened up a SIPP account and investing the whole lot into NRK and lost the lot, I’ve had to build my pension portfolio from scratch it was a good move at the time, but a very bad move with insight and I’ve got over it and moved on, sh*t happens mate.

[turvart] 26/5/2019 14:22

Hifc231, Wow that’s some holding mate and I’m genuinely sorry you hold that many and how this as performed for you, the trouble is the way I see things is that people just hate to lose money into a particular stock and dig their heels in and average down then get themselves into even a bigger mess from their original holdings. With that sort of money that your talking about, wouldn’t it be better to sell and go into a stock with better fundamentals?

[jeannettetigger] 26/5/2019 14:09

Centrica are obliged to install meters due to government policy, this is why there are conditions in Centrica's latest deals for them to meet targets. Come on disco let's see both side's of the story. Damned if you do,Damned if you don't.

[turvart] 26/5/2019 13:36

Portside1, Removed by who?

[portside1] 26/5/2019 13:08

Corbyn is finished he will be removed very soon , fact

[discodave4] 26/5/2019 13:02

Also in today's Times:British Gas: get a smart meter or we'll charge you an extra £300Britain's largest energy firm is refusing to offer its cheapest deal to customers unless they agree to have a smart meter installed.

[discodave4] 26/5/2019 12:45

Hello hifc,Brrrr -1, never imagined it could get sub zero.Think you would have to be very bold to consider acquiring CNA at the moment, particularly with current political uncertainty.All the best.

[hifc231] 26/5/2019 11:57

The article looks just speculative as it refers to the old Gazprom consideration from back in 2006......hxxps://www.thetimes.co.uk/article/who-might-be-bold-enough-to-buy-centrica-fhnt9fwlp................from 2006 ..............hxxps://www.thetimes.co.uk/article/gazprom-eyes-british-gas-takeover-592dfhtj3gm...............just look 3.01 a share , one can only dream of such a price Today ..sniff sniff ,......lol

[hifc231] 26/5/2019 11:47

Hi DD, Western Australia & sadly not we get up to -1 at night here during winter and when houses don't have double glazing or central heating its feels cold believe me. A Rise in Centrica's price would help warm me up a bit ....lol

[skinny] 26/5/2019 10:37

Who might be bold enough to buy Centrica?.