Centrica Share Discussion Threads

[whatsup32] 25/7/2019 19:33

‘Not according to most longs’

Once you bought in it seems natural to look for the positives. Oil price increase?, minnows going under , slowdown of exiting customers. Their last years presentation by the board of results was very smooth and I have to say I was impressed.

I value alternative views (providing its done without malice),

Have you seen Aston Martin share price , only just floated in October? At £19 and now trading £6.30 . You would have thought the professionals must have gone through the accounts and come up with a fair valuations.

[nortic 007] 25/7/2019 19:32

We've been very honest on here so stop keep banging on about bias you child!!

[nortic 007] 25/7/2019 19:31

DD"looks very good value.Why"?Behave DD and stop being a hypocrite!!!!

[discodave4] 25/7/2019 19:22

Cutting the div will help but their business model is a pile of pants, their debt is horrendous, management are clueless by the looks of things and the cut will just delay the inevitable IMO.Right to be negative! - not according to most longs on here who are suffering completely by confirmation bias (always a good shorting signal lol).

[jpjohn1] 25/7/2019 19:14

Evening whatsup, yes cut the dividend for a couple of years and after the initial drop it will eventually start to go back up again

[jpjohn1] 25/7/2019 19:11

Yes Nortic , if you are not hold a position here and you are thinking of buying in I can understand you want this to go to 60p or so. But if you are in heavy in a company and keep seeing it drop and drop it pretty depressing. Just think of the investors who bought 2 pound + how they are thinking, but unfortunately it's dog eat dog and most don't give a toss. I have never been a big fan of stop loss but I put one on now all the time when I buy anything. Once I've sold I won't buy into that company again for a long time

[whatsup32] 25/7/2019 19:09

Disco you were right to be negative. Unfortunately there may be more bad news on its way. 30th should be the day of re CON ing. Hopefully he doesn’t try to kick the can down the road yet again .

If he does declare all the bad news and slash dividends to a few pence , then after an initial big drop there may be a long term buying opportunity.

But then what do I know , I’m sitting on three losers .

[discodave4] 25/7/2019 19:01

.......then there's a couple of regulatory elephants in the room, possible (likely IMO) smart meter fine and not forgetting that £168m prepayment over charge, mmmmm.

[discodave4] 25/7/2019 18:57

You never know, perhaps Conn will be looking to sell off UK Home energy (good luck with that!), have a buyer already lined up for nuclear (ditto, good luck with that one!), minimise Capex costs by farming out part of the Spirit 69% and focus on connected home..........ooops hang on a minute, it's Conn isn't it, so forget that strategy / plan. Let's go for keeping all parts of the business that are going down the pan instead, yep business as usual.

[nortic 007] 25/7/2019 18:50

Yes it's not nice to see people losing money but it happens and we just have to get on with things.

[nortic 007] 25/7/2019 18:48

For someone who can't stop banging on about all your years on ADVFN you don't half talk a loud of tripe Constantly making political statements and slagging of management. I wouldn't be surprised if you us ADVFN to just let of steam. I actually don't think you have a position long or short in anything ???Just an observation like :)

[nortic 007] 25/7/2019 18:45

Your post just about suns you up Diku !!!.)

[nortic 007] 25/7/2019 18:43

Sad isn't it !!!

[diku] 25/7/2019 18:30

Good to see it going down down deeper down...would prefer it go down to 60p...so we can buy it cheaper...

[jpjohn1] 25/7/2019 18:24

I agree Nortic, I would stop the dividend for at least a couple of years ( it would mean a loss of a nice amount) but if that what it takes to turn around this company and make the share price go northwards so be it. I think about everybody must be down here

[whatsup32] 25/7/2019 18:24

Nortic.. ‘ having to sell things it shouldn’t and rubbish it should’

reminds me of PanAm . Sold hotels plus other profitable businesses and kept the loss making airline. Where are they now ?

Tui, Aston Martin, Aviva , metro , Thomas Cook, Flybe, should I go on

[nortic 007] 25/7/2019 18:08

There's a bunch of investors in a plethora of companies in the same boat but this one is particularly disappointing. This company as well as others are now in that range where demotion is a real possibility.The next quarterly review is only round the corner and clever investors will know the form but unfortunately there's know one out there to stop it. I do find the previous 2 days trades rather peculiar as a base was being formed on good turnover and today nothing and then down 3%.CNA is stuck between a rock and a hard place. It's having to sell things it shouldn't and keep rubbish it shouldn't.I'd cut the dividend completely and try and reintroduce in 3 years time.

[jpjohn1] 25/7/2019 18:02

Still say it's one of three poorest performing shares I have held in the last ten years, just wish I never bought so many of them in hindsight now. I still have one tranche at 50k shares at 187p !!

[jpjohn1] 25/7/2019 17:57

At this rate Nortic it won't be long. Try to be positive, but it's a job with this one, and just to see your total value of your shares going down the plug hole. I looked back at the last 10 years in buying CNA and what profit I made on them over that time. If you add them all up and the profits I made from the dividends I have received I'm just a touch down in total, but their must be loads of investors out there who are losing a fortune if they sold

[nortic 007] 25/7/2019 17:39

That's the game plan I think JP....

[jpjohn1] 25/7/2019 17:38

This just gets worse, I did a quick calculation about what it said in the news about it maybe going into the FT250. I worked out it would have to drop to about 69.1p !! to be equal to Marks & Spencer which is 101 in the top 100

[nortic 007] 25/7/2019 17:31

Just like your Motley Fool and Sunday Times enquires.

[nortic 007] 25/7/2019 17:29

Stop trying to pick a fight DD

[discodave4] 25/7/2019 17:26

looks very good value.Why?