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Who wants crazy share price? If they come up with a 2p divi in a year or two that’s better than cash in the Bank for small investors and if the SP were to double it’s cheaper than BT! Let’s not be greedy!
Actually looks good they are offering a tarrif with no Standing charge with higher rates of course right into next year but good for many pso that is a good tack and they may pick up customers on pay as you go
I am thinking how many ex RobinHood and Ebico new customers will stay after July if the No Standing Charge tariff is discontinued.
with EV and the digitals economy (5G included) shooting up i see CNA well above 400p
5 yrs ago this share was £2.50 , 2yrs ago this was at £1.15 lets get the facts right .
Chester........I am asking if someone with a bit of savvy could actually put a price on what CNA will be worth once everything has been sold off. You cannot chuck money at a share saying this is a great buy as 2 years ago it was sitting at £2. A lot has happened in that time and before I re commit more of my hard earned cash this way I would like someone to come up with a market value.
you are relentless in giving your same opinion, having read one time is enough, it looks like you are obsessed to tell over and over how bad this company is...
i dont mind you give your opinion if you have something new to say negative or positive
Chester.........just to put you right I sold off 90% of my 250,000 shares at 43.5p as I saw better alternatives elsewhere......I do not regret that decision one bit but as I still have 10% of my investment in CNA I am still interested in how they can progress into the future.
At the moment all I see is bad will from management to the majority of the work force and also a keenness to sell off what I consider to be all the valuable oil assets.
After that what is left? I am still waiting for someone to tell me what they value the company at after all these assets are sold. The only reason I remain invested is that the share continues a slow move north even on bad news days but there will come a time when I have to admit defeat and move on.....Still too many stinking recovery sticks out there to languish too long here.
In the meantime I am sorry if some of my negativity upsets you but I think you will find these BB’s are for all to air their views be that positive or negative.
You are very Naive if you think any comments on this board affects the share price, these comments are only posted to annoy you.
Which to be fair seems to be working.
contrarian123, dont mind him apparently he got burnt big time with CNA selling at 40p now he a sad lad looking to deramp the hell out of this share
yep the turnaround is coming, half of the managers (who were probably non motivated employees just collecting coupons and not doing much ) has been fired which is a very good thing , it gives the younger generation extra motivation to make it.
What a load of BS aspers. This company needs to move forward. If it's to the detriment of 500 engineers or so so be it. There are thousand of shareholders who wait patiently for this ship to turn around and it will thanks th O;shea. For years engineers have come first now its time to modernise the business and focus on what is making money for the bottom line.
Richard Branson once said.......” Clients do not come first. Employees come first. If you take care of your employees, they will take care of the clients.”
I get the feeling the actions of CNA top management will come back to haunt them one day.....I guess O’Shea will still be picking up his nice big bonus for shafting the rest of his staff. As in previous years the top management in CNA have done their best to ruin a top class business.
GMB Union aren't giving facts. They insist Centrica is profitable. It hasn’t been for a few years.... as shown below. All the news articles are not giving their story.
The pandemic also triggered a collapse in global commodity prices, which led Centrica, the parent company of British Gas, to a £1.6bn impairment charge and a full-year pre-tax loss of £577m. That is half the size of last year’s £1.1bn loss, when Centrica also made heavy writedowns.
Centrica’s has lost three-quarters of its market value after its share price plummeted from an all-time high of more than 400p in 2013 to a record low of just over 32p a share last year. The company has crashed out of the FTSE 100, slashed shareholder dividends twice since 2015, and last year promised to cut 5,000 jobs.
Centrica earlier denied the union's claims, with a spokesman saying: "We are modernising the way we work to give our customers the service they want and protect the future of our company and our 20,000 colleagues.
"The vast majority of our employees have agreed to the new terms, which are fair and very competitive. We're not changing base salaries or pensions. Sadly, the GMB continue to say we have cut pay by 15% and this is simply not true.
"Our gas service engineers remain some of the best-paid in the sector, on GBP40,000 a year minimum.
"Some of our engineers who don't currently work a 40-hour week like their other colleagues will be working an additional three hours, and we're increasing their base pay for the next two years to reflect this.
"After this point we're still paying for those hours but through a productivity bonus, which means earnings are uncapped.
"It's now time for all parties to move forward and continue the turnaround of Centrica for our customers' and our colleagues' benefit."
A company spokesman added in a statement to The Guardian: "While change is difficult, reversing our decline, – which has seen us lose over three million customers, cut over 15,000 jobs and seen profits halved over the last 10 years – is necessary."
PLEASE NOTE I DON’T OWN SHARES IN THIS COMPANY SO I HAVE NO CONFLICT IN INTEREST ON THIS MATTER.