Centrica Takeover Rumours (CNA)

we are now happy to give them a discount...... https://www.oilcapital.com/companies/news/180535/centrica-shares-jump-on-takeover-rumours-as-weaker-pound-sparks-interest-in-uk-assets-180535.html WJ.

Are takeover rumours fueling this rise?

Really happy to see CNA doing better. It does look as though some sort of recovery is happening. Electric cars and new CEO and a forecast for a cold winter must be helping. The Corbyn threat is no threat if polls are to be believed. There is still the reduced operating margin of 1.9% due to increased competition and government price caps to contend with though.Could there be a takeover bid ? No idea. With the emergence of electric cars it could be a real possibility.Good Luck.

What do brokers know eh, sweet fa, a 43% reduction, pfft.Takeover, who would want the debt.........nobody.

Anyone know if "Spirit Engery" was formerly known as "Venture Production" as Centrica took over "Venture Production" in a hostile takeover for £1.3 billion in 2009? If so would be good to know if they could raise that £1.3 billion and more ££ from the sale of "Spirit Energy" that would help with the debt mountain................. Reference ......https://en.wikipedia.org/wiki/Venture_Production

I very reluctant sold yesterday Nortic, it feels like a big loss to me, but sometimes you have to take everything into account what you have made in the past here, and dividends. I have always thought Conn was not very good and there was very little updates here to keep the investor informed what's going on with CNA . Love to see a takeover here to knock the price back up for you chaps

Ripe for takeover

Portside 1 hope you go in on Cobham as they had a takeover bid .

When computers takeover the share price movement it distorts investing...Mr Conn is probably preparing his exit speech...and as for the divi chop or by how much they could even forgo for a year or two...didn't TSCO do that few years ago...if there is a disposal news in the pipeline then just a divi cut should suffice...

Rather than continually giving the red thumbs down you blues, how making a contibution to something of possible interest Turvart has come up with some interesting scenerios could shell,would shell buy centrica what would shell gain out of such a takeover they must be questions you are itching to ask and discuss lets have some electrifying debate and leave the assault and battery off this thread

Turvart 16 Jun '19 - 00:10 - 19611 of 19615 0 2 0 I am very confident that the takeover bid will come from Shell Energy. would you know how big the share of the maket would be if shell engery and centrica merged also if such a merger would be queried by uk compettion authorities have a nice day sunny here after the violent storms

I am very confident that the takeover bid will come from Shell Energy.

DD yes I was actually calling it down to 47p actually but I never gave it enough research to see why, I am a fundamentalist and on that basis I call 47p but the market does not work that way, this is going to be a takeover bid mark my words. I was calling 47p on pure fundamentals and that was the mistake I made, the market does not work on how I think or the mathematics I possess, so I was very wrong calling 47p. The fundamentals are crap with CNA but it’s in a position that is very strong and the takeover bid will come!

Have you seen the Shell Energy adverts on TV? This CNA is a takeover bid.

FFS it's broken the 93p support! This IMO is being taken down for a reason to shake out small shareholders and I can see a takeover bid.

i've been in and out of this over the last ten years and am at a complete guess net £20k down. so i feel negative towards it on 'emotional' grounds. but even i am getting tempted to buy in again at this level. i certainly don't have the courage to go large but just a £10k punt i feel will bag a few quid in a year's time. i'm assuming the dividend will be cut by at least 40%, though even it's complete 'suspension' is not to be ruled out. possible takeover target?

OLIVER SHAH May 26 2019, 12:01am, The Sunday Times Who might be bold enough to buy Centrica? Oliver Shah Two years before the financial crisis and a decade before Brexit, 2006 was a different time. When an apparatchik at Gazprom said an acquisition of Centrica was “being analysed and examinedâ€￾ by the Russian state energy giant — sending the British Gas owner’s shares 25% higher — Tony Blair’s government indicated that it would not stand in the way. With a glibness redolent of the era, then trade and industry secretary Alan Johnson remarked: “Whatever the difficulties and challenges of globalisation, the answers will not be found in the stagnant waters of protectionism.â€￾ Come on over, comrades. A takeover of Britain’s former energy monopoly by the Russians or Chinese would be unthinkable today — but would a takeover in itself be out of the question?

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

Times article on potential takeover - can someone post the full article?

Now come on DD the mongol of CNA, that filtered me, how convenient a mongol filters me? Explain to me how all the UK are going to get their gas from and if you say Russia then who is getting a takeover bid mongol?