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Share Name Share Symbol Market Type Share ISIN Share Description
Centrica Plc LSE:CNA London Ordinary Share GB00B033F229 ORD 6 14/81P
  Price Change % Change Share Price Shares Traded Last Trade
  0.36 0.92% 39.59 2,680,884 10:57:44
Bid Price Offer Price High Price Low Price Open Price
39.57 39.62 40.60 39.43 39.59
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Gas Water & Utilities 22,674.00 -1,104.00 -17.80 2,311
Last Trade Time Trade Type Trade Size Trade Price Currency
10:57:44 AT 289 39.59 GBX

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Date Time Title Posts
13/7/202011:01Centrica broker notes 2013/1431,673
07/7/202010:16CENTRICA609
03/6/202018:31Centrica - A recovery stock for 2020?-
30/4/202019:42Centrica bull run 2018 46
13/2/202015:15WHY UTILITY COMPANIES ARE FACING AN ENERGY DEATH SPIRAL...TIME TO SHORT THEM18

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Centrica (CNA) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
09:57:1139.6351.98O
09:57:1139.5821886.28AT
09:57:1139.584,0001,583.20AT
09:57:1139.621,009399.77AT
09:57:1139.622,8611,133.53AT
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Centrica (CNA) Top Chat Posts

DateSubject
13/7/2020
09:20
Centrica Daily Update: Centrica Plc is listed in the Gas Water & Utilities sector of the London Stock Exchange with ticker CNA. The last closing price for Centrica was 39.23p.
Centrica Plc has a 4 week average price of 37.36p and a 12 week average price of 29.10p.
The 1 year high share price is 95.32p while the 1 year low share price is currently 29.10p.
There are currently 5,838,313,832 shares in issue and the average daily traded volume is 22,806,108 shares. The market capitalisation of Centrica Plc is £2,309,053,120.56.
07/6/2020
15:03
ariane: FWIW Https://www.fool.co.uk/investing/2020/06/07/the-centrica-share-price-is-dirt-cheap-heres-what-id-do-now/ The Centrica share price is dirt-cheap: here’s what I’d do now Roland Head | Sunday, 7th June, 2020 The Centrica (LSE: CNA) share price has fallen by 55% this year. Thanks to the stock market crash, this utility stock has now lost 90% of its value since September 2013. This humbling collapse was capped last week when Centrica was demoted from the FTSE 100 to the FTSE 250. There’s clearly some risk that Centrica has become a value trap — a stock that’s cheap for good reason. However, I don’t think this is true. As I’ll explain, I believe Centrica faces temporary problems that can be fixed. After this, I expect it to become a much more valuable business. m to turn today’s market uncertainty to your advantage. Click here to claim your FREE copy now! Market leader Centrica’s main UK business is British Gas. This division supplies gas, electricity and home services, such as boiler maintenance and repairs. There’s also a smaller home solutions business in the UK, which sells connected home products, under brands such as Hive. Centrica’s battered share price makes it easy to forget how dominant British Gas still is. At the end of 2019, this business had 9.2m customers in the UK, each taking an average of two services. This means around one-in-seven of the UK population are British Gas customers. Based on the average UK household size of two people, this suggests it supplies around one quarter of UK households. This puts British Gas on a level with heavyweight consumer brands such as Tesco and Next — companies that everyone knows and many of us use. Why I think the Centrica share price is too cheap Led by British Gas, Centrica’s consumer businesses generated an adjusted operating profit of £505m in 2019. Alongside this, the group’s business division made a profit of £217m. This gives a total operating profit from energy supply and related services of £722m. This gives the group an earnings yield — a measure of profit used by business buyers — of more than 10%. I usually look for an earnings yield of at least 8%, so the Centrica share price looks cheap to me on this measure. Unfortunately, this isn’t the whole story. Centrica has a couple of problems. The first is its upstream division. This includes an oil and gas production business, plus part-ownership of the Hunterston B and Dungeness B nuclear power stations. These operations are up for sale, but this year’s market crash has delayed this process. However, I’m confident a deal will be done eventually. This should allow the group to cut its debt levels and become a consumer business with less exposure to volatile commodity prices. I think that could push Centrica shares much higher. Centrica’s share price of around 40p means the stock currently trades on just nine times 2020 forecast earnings. This figure falls to just 6.4 for 2021. The shares probably deserve to be cheap at the moment, but I don’t expect this to last forever. I think investors should look at home repair specialist Homeserve to see what could be achieved with the British Gas brand. Homeserve only supplies services, not energy. Its profits have doubled in five years and Homeserve shares currently trade on 30 times forecast earnings. In my view, British Gas’ growing services business is well positioned to take a big slice of this market. That’s why I rate Centrica as a bargain buy at current levels. Roland Head owns shares of Centrica.
23/4/2020
11:28
forwood: Jefferies are bad news bears, seeing the glass more than half empty. The more well regarded analysts do not agree with that assessment. They say the bad news is already on the price, that CNA is well positioned to get through a prolonged lockdown and emerge stronger than others. Their target prices are much higher. Barclays capital........................ overweight CNA target 50 14 Apr Goldman Sachs........................... neutral CNA target 42 14 Apr UBS..................................... buy CNA target 105 3 Apr Investec, one of the top 3 UK analyst brokers overall and also in the top 3 of energy analysts say: Target price falls to 55p, but they consider the damage is already in the share price and maintain a Buy rating. 21 April
23/4/2020
00:48
forwood: dd spouting complete nonsense as usual "liquidity may be okay for covering debts but still doubt they have enough cash headroom to cover costs". Jefferies not in the list of respected broker analysts. This didn't get much attention when posted earlier so I'll post again. Top 10: JP Morgan Chases and Co Bank of America Merrill Lynch Credit Suisse Barclays capital......................... overweight CNA target 50 14 Apr Citigroup Goldman Sachs............................ neutral CNA target 42 14 Apr Morgan Stanley AllianceBernstein L.P UBS....................................... buy CNA target 105 3 Apr Nomura Holding Inc That is US centric, though of course all operate over here and we see Goldman and Barclays have both rated CNA a lot higher than Jefferies and HSBC. At http://www.analystawards.com/ the Refinitiv Broker & Analyst awards go a little deeper and for the UK as a whole they name Rank....Firm.............No. of Awards 1.......Numis Securities........11 2.......J.P. Morgan Cazenove....10 3.......Investec Securities......8 In the energy sector name the top 3 analysts are named : Rank, Analyst, Firm 1...Alsford, Michael, Citi Research 2...Thompson, James, J.P. Morgan Cazenove 3...Gallagher, Brian, Investec Securities For what its worth, my broker is Investec. They are not allowed to give me equity research from others but are able to paraphrase it. Investec bank view is: "FY20 looks set to be cataclysmic for Centrica's EPS, and they have cut their Div/share estimate to 3p/share, with the previous 5p/share level not reached until FY24E. Target price falls to 55p, but they consider the damage is already in the share price and maintain a Buy rating."
06/4/2020
10:43
diku: So this so called Jeffries was telling clients to buy price target 100p...out of thin air the price target is chopped down by 50% to 50p just because the share price is now at 30p...if the share price goes to 10p they will no doubt revise their target to 20p...is this how it works...generate more commission along the way as investors/punters have unlimited funds with a money tree back of garden....Del boy and Rodney springs to mind... Jefferies cuts target share price by 50% (from 100p to 50p) retains buy. They also cut SSE target but only by 18%.
13/3/2020
10:24
supermarky: centrica the power titan on top of the world today. trying not to look at the car crash that is cna share price since 2014.that is 10 times more scary than Corona!!!!!!
20/2/2020
14:25
mercer95: Anyone know what might behind the strength in CNA share price today, it’s up 4% at the moment glad to say Thanks in advance 👍
13/2/2020
11:52
adrian j boris: British Gas owner Centrica slumps to £1BILLION loss and sees its share price dive while blaming Government's energy price cap Centrica swung to loss of around £1.1bn last year, its latest results show It represents a dramatic reversal of the £575million profit booked a year earlier The FTSE-100 listed group has seen its share price dive by over 16% today By Jane Denton For Thisismoney Published: 09:41 GMT, 13 February 2020 | Updated: 09:44 GMT, 13 February 2020 e-mail 11 View comments British Gas owner Centrica swung to a loss of £1.1billion last year, with the group blaming the Government's energy bill price cap and lower natural gas prices for its fall in fortunes. The energy group's annual pre-tax profit was wiped out in a dramatic reversal of the £575million it banked a year earlier. With fierce competition mounting in the sector, the group admitted it lost 286,000 energy supply accounts in the last year, and total revenues fell nearly 3 per cent to £22.7billion. Dismal: British Gas owner Centrica swung to a loss of over £1billion last year +2 Dismal: British Gas owner Centrica swung to a loss of over £1billion last year Centrica's annual loss is the deepest reported by the energy giant since 2015, when it made a loss of £857million. In the last year, the group's shareholders have seen their annual dividend cut by 58 per cent, from 12p a share to 5p a share. The FTSE-100 listed group's share price has taken a hefty hit since the publication of the results this morning and is currently down 16 per cent to 70.8p. Centrica said the Government's energy price cap had cost it around £300million in revenues. The Government's cap on energy prices came into force at the beginning of last year, promising to bring down bills for customers on default tariffs. RELATED ARTICLES Previous 1 Next BP reckons it can become 'net zero' by 2050: Oil giant... Long-serving insider at British Gas owner Centrica emerges... The eco boilers that cost families £5K a year: As Ofgem... Could switching energy supplier pay for a holiday? Big Six... Share this article Share HOW THIS IS MONEY CAN HELP Centrica share price and data available here The group also booked £1.75billion in one-off charges, the biggest of which was a £476million impairment of its upstream oil and gas production assets and a £372million impairment against its 20 per cent stake in UK nuclear power plants. The group's net debt is set to come in higher than expected, at around the £3.2billion to £3.6billion mark. In the year to 31 December, the company's net debt soared by 20 per cent per cent to £3.1billion, while adjusted operating cash flow tanked 18 per cent to £1.8billion. Outgoing Centrica boss Iain Conn admitted that while the last year had been 'challenging', the number of people ditching and switching British Gas as their energy provider had slowed down. Poor: Centrica admitted it lost 286,000 energy supply accounts in the last year +2 Poor: Centrica admitted it lost 286,000 energy supply accounts in the last year Conn said the group saw its service arm grow over the year. The service arm deals with anything from boiler repairs to the installation of smart thermostats and security cameras. The group has been on a major cost-cutting drive and in the last year made £315million worth of 'cost efficiencies.' In the year ahead, it plans to make another £350million worth of savings. The group also now has over 3,000 fewer staff than it did a year ago. The number of injuries per 200,000 hours worked at Centrica rose to 1.006, marking a 4 per cent increase on the year before, and at least the third year that the measure has increased. Consumers can go elsewhere now. Much like Royal Mail and BT, this monopoly incumbent has lost its way in the new world of competition - Neil Wilson Conn said that the second half of last year was better than the first, 'demonstrating momentum as we enter 2020.' In the last few years, a growing number of customers have been turning their backs on the UK's Big Six energy suppliers, and a number of experts hailed 2019 as the year that their stranglehold on the market was finally broken for good. Centrica's rival SSE was snapped up by one of the smaller challengers, Ovo Energy, which only entered the market a decade ago. Ovo and other challengers spent the second half of the last decade stealing customers away from the former giants, slashing Centrica's market share from 24 per cent when Conn took over, to 19 per cent towards the end of last year, according to figures from Ofgem. 'British Gas is really struggling with the onslaught from small suppliers, the price cap, and falling natural gas prices hitting them hard,' said Mark Todd, the co-founder of Energyhelpline. Conn is gearing up to leave Centrica after a torrid five years at the helm, which has seen the group lose a sizeable number of British Gas customers and suffer a sliding share price. A replacement for Conn is yet to be found. The company is also temporarily without a permanent chairman after Charles Berry began a leave of absence earlier this week due to a medical condition. Centrica said it expects Berry to return to his duties shortly. Commenting on Centrica's results, Neil Wilson, chief analyst at Markets.com, said: 'Consumers can go elsewhere now. Much like Royal Mail and BT, this monopoly incumbent has lost its way in the new world of competition.' Meanwhile, David Barclay, senior investment manager at Brewin Dolphin, said: 'Today's results cap an undoubtedly difficult year for Centrica with drops across the board and an increase in debt. 'The shares rallied following December's election, but have eased back since with weaker commodity prices undermining the short-lived change in sentiment towards the shares. 'The good news, however, is that management has identified that drastic action is required and is duly taking it to make Centrica a smaller, simpler, and more competitive business. Nevertheless, there is still plenty of work to do and investors will have a keen eye on future updates.'
13/10/2019
12:16
maywillow: Piched from the other thread Https://simplywall.st/news/an-intrinsic-calculation-for-centrica-plc-loncna-suggests-its-50-undervalued/ PT Corticeira Amorim, S.G.P.S., S.A. (ELI:COR) Earns Among The Best Returns In Its Industry GB Do Directors Own 4D pharma plc (LON:DDDD) Shares? GB How Do DCD Media Plc’s (LON:DCD) Returns Compare To Its Industry? GB Does Coats Group plc (LON:COA) Have A Particularly Volatile Share Price? GB How Does Centamin plc (LON:CEY) Fare As A Dividend Stock? LSE:CNA An Intrinsic Calculation For Centrica plc (LON:CNA) Suggests It’s 50% Undervalued Simply Wall St June 28, 2019 Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Today we’ll do a simple run through of a valuation method used to estimate the attractiveness of Centrica plc (LON:CNA) as an investment opportunity by taking the foreast future cash flows of the company and discounting them back to today’s value. I will use the Discounted Cash Flow (DCF) model. It may sound complicated, but actually it is quite simple! Remember though, that there are many ways to estimate a company’s value, and a DCF is just one method. Anyone interested in learning a bit more about intrinsic value should have a read of the Simply Wall St analysis model. View our latest analysis for Centrica Is Centrica fairly valued? We use what is known as a 2-stage model, which simply means we have two different periods of growth rates for the company’s cash flows. Generally the first stage is higher growth, and the second stage is a lower growth phase. To begin with, we have to get estimates of the next ten years of cash flows. Where possible we use analyst estimates, but when these aren’t available we extrapolate the previous free cash flow (FCF) from the last estimate or reported value. We assume companies with shrinking free cash flow will slow their rate of shrinkage, and that companies with growing free cash flow will see their growth rate slow, over this period. We do this to reflect that growth tends to slow more in the early years than it does in later years. Generally we assume that a dollar today is more valuable than a dollar in the future, and so the sum of these future cash flows is then discounted to today’s value: 10-year free cash flow (FCF) estimate 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 Levered FCF (£, Millions) £650.82 £739.78 £912.81 £1.06k £812.00 £663.23 £580.62 £532.13 £502.98 £485.54 Growth Rate Estimate Source Analyst x6 Analyst x9 Analyst x8 Analyst x2 Analyst x1 Est @ -18.32% Est @ -12.46% Est @ -8.35% Est @ -5.48% Est @ -3.47% Present Value (£, Millions) Discounted @ 6.55% £610.82 £651.66 £754.67 £824.06 £591.36 £453.34 £372.48 £320.40 £284.24 £257.52 Present Value of 10-year Cash Flow (PVCF)= £5.12b “Est” = FCF growth rate estimated by Simply Wall St After calculating the present value of future cash flows in the intial 10-year period, we need to calculate the Terminal Value, which accounts for all future cash flows beyond the first stage. The Gordon Growth formula is used to calculate Terminal Value at a future annual growth rate equal to the 10-year government bond rate of 1.2%. We discount the terminal cash flows to today’s value at a cost of equity of 6.5%. Terminal Value (TV) = FCF2029 × (1 + g) ÷ (r – g) = UK£486m × (1 + 1.2%) ÷ (6.5% – 1.2%) = UK£9.2b Present Value of Terminal Value (PVTV) = TV / (1 + r)10 = £UK£9.2b ÷ ( 1 + 6.5%)10 = £4.90b The total value is the sum of cash flows for the next ten years plus the discounted terminal value, which results in the Total Equity Value, which in this case is £10.02b. In the final step we divide the equity value by the number of shares outstanding. This results in an intrinsic value estimate of £1.72. Relative to the current share price of £0.86, the company appears quite undervalued at a 50% discount to where the stock price trades currently. Remember though, that this is just an approximate valuation, and like any complex formula – garbage in, garbage out. LSE:CNA Intrinsic value, June 28th 2019 LSE:CNA Intrinsic value, June 28th 2019 The assumptions The calculation above is very dependent on two assumptions. The first is the discount rate and the other is the cash flows. If you don’t agree with these result, have a go at the calculation yourself and play with the assumptions. The DCF also does not consider the possible cyclicality of an industry, or a company’s future capital requirements, so it does not give a full picture of a company’s potential performance. Given that we are looking at Centrica as potential shareholders, the cost of equity is used as the discount rate, rather than the cost of capital (or weighted average cost of capital, WACC) which accounts for debt. In this calculation we’ve used 6.5%, which is based on a levered beta of 0.800. Beta is a measure of a stock’s volatility, compared to the market as a whole. We get our beta from the industry average beta of globally comparable companies, with an imposed limit between 0.8 and 2.0, which is a reasonable range for a stable business. Next Steps: Although the valuation of a company is important, it shouldn’t be the only metric you look at when researching a company. The DCF model is not a perfect stock valuation tool. Rather it should be seen as a guide to “what assumptions need to be true for this stock to be under/overvalued?” If a company grows at a different rate, or if its cost of equity or risk free rate changes sharply, the output can look very different. What is the reason for the share price to differ from the intrinsic value? For Centrica, I’ve compiled three relevant aspects you should further examine: Financial Health: Does CNA have a healthy balance sheet? Take a look at our free balance sheet analysis with six simple checks on key factors like leverage and risk. Future Earnings: How does CNA’s growth rate compare to its peers and the wider market? Dig deeper into the analyst consensus number for the upcoming years by interacting with our free analyst growth expectation chart. Other High Quality Alternatives: Are there other high quality stocks you could be holding instead of CNA? Explore our interactive list of high quality stocks to get an idea of what else is out there you may be missing! PS. The Simply Wall St app conducts a discounted cash flow valuation for every stock on the LON every day. If you want to find the calculation for other stocks just search here. We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.
30/7/2019
10:03
sarkasm: invezz Centrica share price sinks as group slashes dividend Tsveta Zikolova Tsveta Zikolova July 30, 2019 2 min read Share this article! Centrica’s (LON:CNA) share price has slumped in London this morning as the company updated investors on its interim performance, posting a fall in revenue and profits and taking the axe to its dividend, amid the UK energy price cap and additional pension contributions which have pressured the company’s cash flow. The British Gas owner further announced that its chief executive Iain Conn was stepping down. As of 08:21 BST, Centrica’s share price had given up 10.33 percent to 81.46p. The shares are significantly underperforming the broader UK market, with the benchmark FTSE 100 index currently standing 0.24 percent higher at 7,705.24 points. ‘Exceptionally challenging environment’ Centrica announced in a statement this morning that its adjusted revenue had dropped two percent to £13.8 billion in the first half of 2019. The group’s EBITDA meanwhile fell 19 percent to £1.9 billion, while the company’s adjusted operating cash flow came in 32 percent lower at £744 million. “Centrica faced an exceptionally challenging environment in the first half of 2019, which impacted earnings and cash flows,” the group’s chief executive Iain Conn said in the statement, adding that the company had “regrettably had to make the decision to rebase the dividend”. The British Gas owner said that it was slashing its interim payout to shareholders by 58 percent to 1.5p per share. The update comes after it emerged earlier this month that the company was planning to lower its payout to shareholders. Chief executive Iain Conn to step down Centrica announced in a separate statement that Iain Conn had agreed with the board that he will step down as CEO and retire from the Board next year. The British Gas owner, however, expects that he will remain with the company at least until next year’s annual general meeting. According to MarketBeat, the British Gas owner currently has a consensus ‘hold’ rating, while the average target on the Centrica share price stands at 113.46p.
27/7/2019
17:22
diku: Send the copy of CNA share price chart for the last five years to every member of the remuneration committee...Conn due for another bumper pay rise?... Anybody know the finer details of Conn's contract regarding meeting financial targets?...or were there any financial targets set?...and I assume share price performance is exempt...
Centrica share price data is direct from the London Stock Exchange
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