Register
Login:
Share:
Email Facebook Twitter

EXCLUSIVE: Aura Energy #Aura to IPO Swedish Vanadium prospect Watch Here

EXCLUSIVE: Aura Energy #Aura to IPO Swedish Vanadium prospect


Centrica Share Chat (CNA)



Share Price: 155.25Bid: 154.85Ask: 154.95Change: 0.10 (+0.06%)Riser - Centrica
Spread: 0.10Spread as %: 0.06%Open: 155.70High: 156.95Low: 154.40Yesterday’s Close: 155.15


Share Discussion for Centrica


Thread View

Please login or register to post a message on Share Chat.

Posts per page:

_nick
Posts: 22
Opinion:No Opinion
Price:155.25
RE: Centrica
Today 21:34
Hi Kenco222,

What site do you use to track after hours trading?
Thanks
Nick
 
Kenco222
Posts: 400
Opinion:No Opinion
Price:155.25
RE: Centrica
Today 18:04
I worked for Centrica too until very recently for over 15 years.
The government have played havoc by targeting the Big6 over the years, despite small profit margins on gas/elec supply. I felt the business was VERY top heavy with management, and I think Conn’s strategy to cost save will pay big time going forward, shame it wasn’t done years ago. Not sure on the concentration of the connected home, I think amazon and the likes can perform in this area much better. I hope it does turn the SP around as myself and many of my colleagues are still heavily invested due to SIPS and sharesaves bought at much higher prices. Massive buys today after hours look good.
Oldgasman
Posts: 1
Opinion:No Opinion
Price:155.35
RE: Centrica
Today 14:58
RWP53 - I fully agree with you. I did many years with them at a high kevel and sat on industry panels making decisions that affected tens of millions of profit annually for the group.

The day I left I was asked what these panels do and whether Centrica required to have representation! My previous directors fully understood but the new lot didn't make any effort to understand.

I sold all my many shares years ago after leaving - at 3.36 . I am now back in at 1.40 as I things must surely get better after the past 5+ years of incompetence.
RWP53
Posts: 30
Opinion:No Opinion
Price:155.15
RE: Centrica
Today 14:10
I should also add that this company can be very successful again but not with the current management team. Once they stand aside and bog cleansing starts a rapid recovery would ensue
RWP53
Posts: 30
Opinion:No Opinion
Price:154.70
RE: Centrica
Today 13:53
Gasman

I also worked for Centrica for about 12 years due to a takeover. I’m afraid I cannot agree with you, I witnessed total incompetence, the destruction of large parts of the business and a total misunderstanding of heavy industry. They are infested with buffoons in senior positions who gained their positions through cronyism and an example of one incompetent hiring another one because he believes the rubbish and cannot challenge it.
I had a senior role but thank goodness I don’t work for them now, I would only publicly admit to working for Centrica with a brown bag on my head to conceal the shame and embarrassment.
H-hi
Posts: 3,082
Opinion:No Opinion
Price:154.55
RE: Centrica
Today 10:39
Good stuff, now buy more shares and tell your work colleagues to top up too. Bezos can buy CNA with just a fraction of his wealth and still be the richest in the world. That is if he can sell £10 billion worth without causing panic but hey Americans are wild unlike negative country like the U.K.
Gasman321
Posts: 1
Opinion:Buy
Price:156.25
Centrica
Today 09:12
As an employee of Centrica (British Gas) and share holder, after going to a conference yesterday for the first time in years I can see the company direction and my personal opinion is we are moving in the right direction with growth and meeting if not exceeding targets. All looking good for the future.
dmore
Posts: 377
Opinion:No Opinion
Price:155.15
RE: You cant use gas to make steel
Today 01:23
ALL furnesses have there own power station on site, off grid, from my experience
Kenco222
Posts: 400
Opinion:No Opinion
Price:155.30
RE: You cant use gas to make steel.
Wed 15:23
I suppose you’ve never heard of a gas fired power station then?
WorldGoRound
Posts: 452
Opinion:No Opinion
Price:152.95
You cant use gas to make steel.
Tue 11:50
Gas can only be used to keep people warm
and we live in a cold country.
Otherwise gas is pretty much useless except for hot air balloons
and Media commenters.
Twonko
Posts: 488
Opinion:No Opinion
Price:152.60
RE: Dividend
Fri 10:45
Wetland you are right, but lots of people invested in Carillion for the same reason and look what happened to them.
WeylandYutani
Posts: 252
Opinion:No Opinion
Price:153.00
RE: Dividend
Fri 10:03
Yup, im invested here because of the divi, thats what attracted me in the first place. I dont get people that say divi is too high. What they dont want money???
Montecristo
Posts: 1,537
Opinion:No Opinion
Price:153.25
RE: Dividend
14 Jun '18
Agreed, A company exists to make money, that's the be all and end all. Big or small, and lots of people ie governments,media, Joe public etc seem to not understand that. If you buy a business you are doing it to make money, if you buy a share in a business, you are doing it to make money, the Americans get that, the Brits are still a bit slow on the up take. Investers own the company for the pay day, not to keep the government happy.
WeylandYutani
Posts: 252
Opinion:No Opinion
Price:153.25
Dividend
14 Jun '18
It always amazes me when investors post that they think the divi is too high. People wouldnt buy the shares or hold on to them if the divi was poor, also they probably wouldnt have bought them if it wasnt for the divi rate.
roddy
Posts: 72
Opinion:Strong Buy
Price:153.25
<<<<<<< CNA >>>>>>
14 Jun '18
...........a large company dividend will ALWAYS pull in new long term investors ......
JonTangle
Posts: 699
Opinion:No Opinion
Price:151.55
RE: Confident
14 Jun '18
I'd take anything he says with a lage pinch of salt TBH.

He previously mentioned a progressive dividend...look how that turned out...
H-hi
Posts: 3,082
Opinion:No Opinion
Price:150.50
RE: Confident
14 Jun '18
Super dumb to pay so much in divi compared to earnings per share and considering the investment needed to modernise, reduce debt and offer better services. CNA are into the connected home business which is currently very expensive, the huge divi could be used to bring cost down, re-position as an Energy tech company and boom the sp would triple within a year.
johncharles15
Posts: 673
Opinion:No Opinion
Price:149.80
Confident
14 Jun '18
Conn says they are confident to maintain current dividend level ,which puts a whole new view on the share price .even a cut to 8p would make 150p a share look attractive.
H-hi
Posts: 3,082
Opinion:No Opinion
Price:148.80
RE: x2 UPGRADES
13 Jun '18
I think the divi is too generous and a form of self-liquidation, a takeover by a private equity would be these option as they can save money immediately by axing the divi and laying off useless pen-pushers in the head office. The new energy players are too small to compete which makes Ofgem look like a fool.
WorldGoRound
Posts: 452
Opinion:No Opinion
Price:149.50
RE: Up and Down, Up and Down
13 Jun '18
Yeah well Im sitting on a 60% loss since mistakenly trying out a purchase
of this damn thing 3-4 years ago & to date Ive watched it pussy foot around
the 140-160 mark going no where.
princeofdarkness
Posts: 395
Opinion:No Opinion
Price:149.80
Ofgem
13 Jun '18
Ofgem have to be careful that they don’t punish utilities as they are fully aware the profit margin is not as the media would have you believe - some brokers are now recognising that the dividend is not under as much threat as first thought. Imo this is going higher as a FTSE 100 company with a great divi it’s looking good.
Mulder
Posts: 4,489
Opinion:Buy
Price:150.00
x2 UPGRADES
12 Jun '18
12-Jun-18 Jefferies Buy 140.00 165.00 Upgrade
06-Jun-18 JP Morgan Cazenove Overweight 150.00 180.00 Upgrade
volcano
Posts: 3,848
Opinion:No Opinion
Price:149.70
RE: Up and Down, Up and Down
12 Jun '18
Broker Forecast - Jefferies International issues a broker note on Centrica PLC
12 June 2018, 11:50Source - SMW
Jefferies International today upgrades its investment rating on Centrica PLC (LON:CNA) to buy (from hold) and raised its price target to 165p (from 155p).
courtier
Posts: 822
Opinion:Strong Buy
Price:148.50
Up and Down, Up and Down
12 Jun '18
I have noticed frequent, almost monthly changes in the broker recommendations for Centrica. I haven't held for long so wonder if this is the usual situation. I know the boss is leaving but don't think this sufficient reason. Perhaps as it is my latest investment, in February, I am more sensitive to news reports than usual. I am sitting on a 12.4% rise so far so am not complaining. I always say I take little notice of broker predictions but this post shows I obviously do...
johndean
Posts: 372
Opinion:No Opinion
Price:148.45
today
12 Jun '18
12 Jun at 12:37

Jefferies upgrades Centrica to ‘buy’ as it claims Ofgem’s price cap won’t be “highly punitive”
Share
09:07 12 Jun 2018
Analyst Ahmed Farman reckons Ofgem is likely to adopt a “balanced approach” when it brings in its new price cap on standard variable tariffs
british gas bill
Farman estimates that SVT prices will be capped at £1,110 a year
Centrica PLC (LON:CNA) was the top riser on the FTSE 100 early Tuesday after the British Gas owner was upgraded to ‘buy’ by Jefferies.

One of the major talking points around energy stocks at the moment is the upcoming changes to how much British Gas, e-On et al will be able to charge customers on a standard variable tariff.

Investors had feared how hard regulator Ofgem would hit energy suppliers, but Jefferies’ Ahmed Farman doesn’t think the cap will be “highly punitive”.

£1,110 a year
“Although the primary focus of the cap is the protection of SVT customers, (Ofgem’s recent consultation paper) also references detailed consideration of financeability needs and costs of energy suppliers,” the analyst wrote in a note.

“This suggests a more balanced approach, with low likelihood of a highly punitive outcome.”

Farman estimates that Ofgem will impose a price cap of £1,110 a year – a saving of roughly £75 for direct debit customers – but he expects the impact of this to be “manageable”.

Away from the impact of the price cap, the analyst also points to the rise in commodity prices over the past few months as another reason for his upgrade.

“With the improvement in commodity prices since February, we increase our UK power, NBP gas and oil prices by c.10% and upgrade our 2018-20 earnings per share forecasts by 10% (+8% to 2019-20 consensus),” Farman adds.

'Balance sheet optionality'
In a final point, he claims the sale of a 20% stake in EDF Energy and the divestment of Spirit Energy – combined £2.9bn – “would strengthen Centrica's balance sheet and crystallise value for shareholders”.

Alongside his ‘buy’ recommendation (from ‘hold’), Farman also increased his price target to 165p (from 140p).

Centrica shares were up almost 2% early on Tuesday to 147.3p.




Share Price, Share Chat, Stock Market news at lse.co.uk
FREE Member Services
- Setup a personalised Watchlist and Virtual Portfolio.
- Gain access to LIVE real-time Regulatory News (RNS).
- View more Trades, Directors' Deals, and Broker Ratings.
Share Price, Share Chat, Stock Market news at lse.co.uk






Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.