Centrica Share Discussion Threads

[hifc231] 12/10/2019 14:18

gaffer73.... It does have the potential to hit 170p, it did peak at 156p in the last 12 months, and the only thing that’s changed in Nuclear reactors down, Price Cap affecting profits... It still had the approx 3 Billion debt, falling customer numbers, risk of labour government etc at the time........

Also the sale of Spirit in order to wipe out 1.2 billion in debt (approx) would probably boost the $$ pot as the repayments on the 1.2 billion pounds of debt is probably higher then what profit Spirit contributes..............

Anyone know what profit Spirit brings vs what 1.2 Billion debt repayment are ???

As we all know the stock market works in a way all of its own and who ever manipulates it.

[discodave4] 12/10/2019 13:56

Agree, 50-70 this year is fair value IMO. Can't see this breaking £1 for a year or so, but WTFDIK. Sorry you are drowning but nobody gets all of them right.

[gaffer73] 12/10/2019 13:48

Stupid idea selling Spirit Energy. Divi is at the right level now. To be honest I don't think this will ever return to 170p

[hifc231] 12/10/2019 12:13

Hate to say it, but agree and I’m one that needs £1.70 to break even.... Until the two sales (Nuclear & Spirit) to reduce debt, official improving of Customer numbers, Improved profits and increase the dividend (all about 2-3 years away) and even the dropping of the price Cap, Chance of a Labour government is reduced..........this isn’t shifting above £0.70-£1.20p all depends when the ducks are lined up.

[discodave4] 12/10/2019 11:40

A fair appraisal, although I still think it's far from cheap / value:https://www.fool.co.uk/investing/2019/10/12/why-the-centrica-share-price-rose-6-in-september/

[hifc231] 12/10/2019 07:34

G'day Dave, agreed Ofgem are now just a polictical pawn........No problem though im sure the November update will turbo charge this T.U.R.D ......... £0.25 - £3.00 by Christmas APPARENTLY ...... lol …..(cracks me up).

[discodave4] 12/10/2019 02:46

Good work saddo stalker Nodik

[discodave4] 11/10/2019 23:18

Good work Nodik stalker

[nortic 007] 11/10/2019 22:45

Evening David That's 3000 not out posts in a stock you've have no position in..... Steve Smith watch out!!!.)

[discodave4] 11/10/2019 22:40

Chestnut - £80m CNA (69% of 83% of £140m) unless their contract with FPSO has already expired, so may be less, who knows, who cares!.......50p by Crimbo apparently!.

[discodave4] 11/10/2019 22:04

https://www.energyvoice.com/oilandgas/north-sea/209268/140m-investment-once-again-extends-life-of-spirit-energy-field/Let's hope CNA didn't have to cough up anything towards the £140m. They injected £35m in 2017 on Chestnut field and their contract with Humingbird FPSO expired sometime this year but does anybody know when?.

[waldron] 11/10/2019 17:37

Price (GBX) 68.76 Var % (+/-) +3.21% (Up +2.14)
High 70.86 Low 66.90
Volume 41,486,570 Last close 68.76 on 11-Oct-2019

[discodave4] 11/10/2019 14:46

Good work stalker psycho Nodik

[hifc231] 11/10/2019 11:51

FTSE is up on news about improved trade relations between China and the US...... .... Eastern Markets where up this earlier.

[nortic 007] 11/10/2019 11:38

He's a little rapscallion alright. Nice to see some of our home grown FTSE stocks performing well today on some glimmer of hope on Brexit. I chucked 500k at a few last week but I'll keep naughty boy guessing which ones.

[discodave4] 11/10/2019 09:08

Good work psycho Nodik

[nortic 007] 11/10/2019 09:07

Now I'll get back to my other positions but no clues as to which once's because you'll be all over them.Grow up please David and stop pretending to filter people.

[discodave4] 11/10/2019 09:05

Good work psycho stalker