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Centrica Share Chat (CNA)



Share Price: 189.30Bid: 208.10Ask: 170.20Change: -0.30 (-0.16%)Faller - Centrica
Spread: -37.90Spread as %: -18.21%Open: 184.60High: 189.50Low: 184.60Yesterday’s Close: 189.60


Share Discussion for Centrica


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helx
Posts: 141
Off Topic
Opinion:No Opinion
Price:189.30
RE: Reporting this Week
Today 16:10
And I've just read in the times.......£1.3bn profit....but will write off £3.5bn of its assets.....Gonna be a choppy week.
 
lunatic
Posts: 891
Research
Opinion:Hold
Price:189.30
Reporting this Week
Today 10:08
Just read in MOS CNA will report £1.5 Billion profit for 2015 this week after a £1 billion loss last year
lse2000
Posts: 87
Observation
Opinion:No Opinion
Price:189.60
RE: lse2000
Today 09:55
Nice to see I have lot of friends here... but looks like Moody placed Centrica on review for downgrade.. Dont know how much it will impact the share price before the result. I hope oil price continue to move higher helping centrica to follow the trend.
helx
Posts: 141
Off Topic
Opinion:No Opinion
Price:186.60
RE: lse2000
Fri 11:34
I'm with you there....I started buying @366 and average 338....gonna be a long wait . Maybe 5years down the road we will be smiling...well....lets hope so anyway.
lunatic
Posts: 891
Observation
Opinion:Hold
Price:186.60
lse2000
Fri 10:24
12 months ago I bought in @320 then averaged down before Christmas to 270 i like a lot of punters on this share am down a fortune , i've got to stay in for the long haul or take the loss, Lets hope it's bottomed
LennyMac
Posts: 562
Observation
Opinion:No Opinion
Price:185.60
Pokerchips
Thu 15:52
Yes but the political risk I was talking about is 'characterised by widespread animosity to the activities of the energy market in general and the 'Big Six' in particular. Media narrative on the energy market is punctuated by threats about re- nationalisation and the enforced break up of big companies. ' And why would plitical risk be affected by the reduction in oil price? Surely this is a financial risk?
lse2000
Posts: 87
Observation
Opinion:No Opinion
Price:184.10
RE: To hold or to sell?
Thu 13:09
Holding will be the best option as now British gas is the cheapest compared to other suppliers after further reduction of gas prices by 5.1%. So one can expect they will win lot more customers in the coming years..

I hope we have seen the bottom price at 182.50 today but I am hoping that centrica wont go down further when market consolidates again in the future.

I am holding still as I dont have choice as if I sell it might have been the bottom price as always happened to me in the past.

DYOR
Good luck..
Pokerchips
Posts: 1,627
Off Topic
Opinion:No Opinion
Price:183.30
RE: Stavros
Thu 10:08
The political risk has declined in view of the price cuts that have occurred... due to the over supply of gas and falling wholesale prices.
CNA is doing what everyone is doing ....cutting capex,reducing operating costs and working on boosting cash flow.
It has high debt but its debt payments are under control and manageable in view of the current very low interest rates.

It is trying to reorganise its business and sell non core assets but those assets wont get good prices in this oil and gas market.

It is going to be a a mid to long term recovery...it operates in a very competitive market

When the market turns there are plenty of better recovery stocks to earn money from than in CNA
LennyMac
Posts: 562
Observation
Opinion:No Opinion
Price:185.30
Stavros
Thu 08:23
Not really, but it depends on what your horizon is for 'ahead'. CNA has lots of debt and exists in a politically risky environment characterised by widespread animosity to the activities of the energy market in general and the 'Big Six' in particular. Media narrative on the energy market is punctuated by threats about re- nationalisation and the enforced break up of big companies. Additionally, oil price volatility hits CNA's bottom line directly and there is no sign that this volatility will end soon. My guess would be that when oil prices stabilise, the general price at which CNA will exist will be much lower than it was 12- 18 months ago, which is ok if you bought in over the last couple of weeks but dire for longer- term holders.
stavros25
Posts: 1
Premium Chat Member
Observation
Opinion:Hold
Price:187.80
To hold or to sell?
Wed 21:02
Between 16:29 and 16:32 some very large buys are shown today.
Final results on the 18th. Can any experienced investors see some Light ahead?




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