Centrica Share Discussion Threads

[turvart] 17/6/2019 19:45

Supermarky, It’s dropped because of the high divi, if you understand accounts go into CNA’s and study how the EPS has dropped but the share premium has risen, of which put simply is “ Your paying your own dividend”.

[supermarky] 17/6/2019 19:09

What the hell is going on with this stock? Why are management not doing something about the freefall. How long does this go on for? Mr conn has even had a pay rise. Wtf is the point of any dividend if the share price is decimated day after day. Can we please have some good news or will we continue down another 2/3% tomorrow.

[waldron] 17/6/2019 18:57

Turvart 17 Jun '19 - 19:39 - 19688 of 19689 0 0 0 I think IMO CNA have actually destroyed their own financial situation by paying this high dividend, I think TW. Have the right approach where they offer an interim and final Divi of which works on a combined Yield of just over 4% and then offer a special Divi with money they can afford to take out the business, but CNA have just destroyed themselves with basically incompetence.Turvart 17 Jun '19 - 19:45 - 19689 of 19689 0 0 0 Well when it was 94p with approx 5.3 BLN market cap it was Ranked 82, so who knows where it is now but it could be 90ish. Do I really need to answer the Shell comment? CERTAINLY, AFTER ALL THE RHETORIC

[turvart] 17/6/2019 18:45

Well when it was 94p with approx 5.3 BLN market cap it was Ranked 82, so who knows where it is now but it could be 90ish. Do I really need to answer the Shell comment?

[turvart] 17/6/2019 18:39

I think IMO CNA have actually destroyed their own financial situation by paying this high dividend, I think TW. Have the right approach where they offer an interim and final Divi of which works on a combined Yield of just over 4% and then offer a special Divi with money they can afford to take out the business, but CNA have just destroyed themselves with basically incompetence.

[biglosses] 17/6/2019 18:31

Incredible to think this has lost more than 75% value in 6 years.

[waldron] 17/6/2019 18:16

Turvart 17 Jun '19 - 19:10 - 19683 of 19683 0 0 0 A massive loss of sentiment if CNA goes into the 250 but why

[turvart] 17/6/2019 18:10

A massive loss of sentiment if CNA goes into the 250

[waldron] 17/6/2019 18:04

Turvart 17 Jun '19 - 19:03 - 19681 of 19681 0 0 0 Ive just had a look at the Ftse rankings and at 94p CNA was ranked 82. WHAT DOES THAT MEAN

[turvart] 17/6/2019 18:03

Ive just had a look at the Ftse rankings and at 94p CNA was ranked 82.

[biglosses] 17/6/2019 17:00

Absolute dog of stock - it's been in constant freefall for the last 6 years!

[waldron] 17/6/2019 16:34

Bp 536 -0.54% Vodafone 127.46 -0.44% Royal Dutch Shell 2,517 +0.08% Glaxosmithkline 1,588.4 +0.25% Rio Tinto 4,773 +0.06% Royal Dutch Shell 2,522.5 +0.24% why did centrica go down today

[mroalan] 17/6/2019 16:14

i,ve been saying this for some time,there is something major going on that has not seen the light of day as yet,but it will have to come to light sooner than later,conn is precisely as his name implies.

[supermarky] 17/6/2019 16:13

Timmy don't bother at 80p.Wait for 70 60 50 40 30 20 10What is the magic number to join the club?I am sick of trying to second guess where next.

[nortic 007] 17/6/2019 16:04

Detract .... sorry!

[nortic 007] 17/6/2019 15:51

Markets in my view and the pricing of equities aren't necessarily efficient but that's a debate that's been around for some time.The question is how do you value a company and why ?? Is it down to fundamentals or pure speculation. The Americans value things in a completely different way. It's all about what might be but this I'll admit doesn't distract from the fact that CNA is currently a stack of manure .

[waldron] 17/6/2019 15:37

i guess the question is why centrica and why today https://uk.advfn.com/stock-market/london/centrica-CNA/share-price?java=1 greed or fear is not an adequate explanation imo

[nortic 007] 17/6/2019 15:34

Taking a close look at the volumes across the boards. Exceptionally low here and glancing across at the likes of Vodafone I notice the volume is only 22m. I can't tell you how low that is.They would normally cross like that and more in a opening auction.Basically what I'm say is that stocks are easy pickings in low volume. CNA down nearly 3% on 4:30 closing volume of just 12.7m pounds worth of value.Says it all !!!I could write a note tomorrow and do the same.

[nortic 007] 17/6/2019 15:16

I was thinking the same but more like 5p.Would still be a high yielder and they would save a few quid.People don't see this when fear grips the market. The quicker they cut the better.

[mroalan] 17/6/2019 15:13

yea Tim folks been saying that when it reached £3 then £2 ect ect.walk away now.

[timmy11] 17/6/2019 15:10

even if they slash div by half its still round 7 per cent

[timmy11] 17/6/2019 15:07

i ll buy big at .80 if it gets there