We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
i totally agree with you
i have been thinking exactly your comments and whatever way i analyze it just does not add up why share price has not moved
Anyone got a view on inherent/intrinsic value of Centrica against the background of rising gas/electricity prices? Debt free, albeit a pension deficit overhang but current significant free cash flow generation vs market cap with producing gas assets which must have gone up in value in recent weeks/months, a renewable energy business, an energy supply business, etc all historically badly managed by HQ / plc management. Any views as I am somewhat surprised that the share price has not risen more post sale of Direct Energy?
@chester0
Dream on!
BG stand to lose c20% of their front line engineers during this transition period. How many leave during the summer months is anyone’s guess but I suspect around another 5-10% will go. Very challenging winter is just around the corner for BG in terms of meeting customer demand. If it’s a cold winter i can’t see how they will cope.
About 1000 engineers have not signed so how can they run the service side? when i left 5 years ago they didnt have enough engineers. Customers wont pay a premium when they cant even get a visit.
It's going to be interesting how many engineers have left the company before and after getting sacked tomorrow morning ?
Seen quite a few BG vehicles on van transporters heading north already .
Energy supply is structurally flawed at the minute because of the price cap and too much competition. No one currently makes money in energy supply, but that will change in the future because it has to, either through the removal of price cap by government or market consolidation (which we're already seeing).
The servicing side of the business is an important staple, steady earnings, but low growth.
A catalyst isn't needed so much as the services and supply needs to be managed well. But luckily for Centrica investors there is a catalyst and scope for substantial growth in earnings, the trading and solutions businesses. Managing and trading others energy assets is becoming very profitable for Centrica. And to capture the green wave, we have the solutions business.
Spirit and Nuclear will never be huge earners and their recovery values may decline, but when they're sold we'll at least be able to pay down a chunk of the debt/Invest in any further opportunities. In any case, at the current market cap this is a bargain play.
When you look at what OVO Energy paid for SSE customers in a fire sale; £500 million for 3.2 million customers. The market cap for Centrica is £3.4 billion. Can anyone on here work out future value? Hydrogen storage at the Rough field could be a gold mine and Spirit assets do have value and who knows about the Nuclear asserts but as coal plant stops generating and there is not the volume of green generation to replace it the Nuclear stations will make a lot of money. This company has been a disaster but I’m told data and customers a the saviours. Any ideas anyone?
Agreed Aspers.
With all this ESG and zero carbon, there isn't actually a great demand to buy mature O&G assets.
And have you seen ANYONE mentioned as being in the hint for buying the nuclear assets.
Strip those businesses out and you are left with a Homecare business and a gas and electricity supply business.
The catalyst is WHAT exactly?
Chester......150 plus .on what grounds? You need to remember that CNA not the cash rich beast it used to be paying a 12% divi not that long ago. After selling off all of the oil assets it really is down to the new management finding new ways of re building the company. At the moment I continue to ride the present trend, as they say let the trend be your friend but I guess at some stage the trend will reverse if no positive news comes from the company.
I see CNA going back well above 1.50 pounds