Member Info for AED59BLUE

to qoute a well known Monty Python phrase................ "this parrot would'nt go voom if you put 4 million volts through it"
I cant even see it getting to a pound to be honest.

Its going to get worse, when all the GAS boilers are banned, there is going to be another issue with the unions and engineers. Why would Centrica (BG) want to keep gas trained engineers, they could sub con maintenance of whatever replaces them. I notice that a German company is already advertising on TV for electric radiators. So in the not to distant future, heating will be mainly electric radiators and I suppose we will see the return of the dreaded immersion heater for hot water. Both probably require hardly any maintenance at all. So the money will be in electrical power generation and distribution, a cumbersome company like CNA will probably not be able to compete with smaller more nimble companies. IMHO

Imperial Brands: Deutsche Bank reiterates buy with a target price of 2,100p.

which is what they have been saying for years, these forecasts are not worth a thing, there is no time scale etc, so yes they may get there but in how many years?

This company seems to come out with good news or nothing negative and then every time there is a divi the price falls and continues to fall, really weird to try get an grip of, enough for me though will be looking to get out of this one sooner rather than later.

was exactly what I was going to do but got held up with something and didnt manage to get the order in, lo and behold, thats what happened, could have bought back in 60 pence plus lower still 40p plus better off than staying in for the divi, how Barclays give this a £21 target I dont know, not this year or next I would have thought.

Lol thats what I was thinking, just the same as reducing alcohol % ... plus when the tobacco lobby starts to point out just how much tax revenue will take a hit, maybe they will think again.

Tax on these things is something the green, millennial types don't think about, if you scrap petrol, tobacco and alcohol duties who and where are you going to get your revenue from to fund this great green, fully funded NHS utopia they all dream of.

I always feel these broker ratings are worthless, are they a house broker? if so its in their own interest to promote the shares. What magic crystal ball does the house broker have, and they have not been even close for the last 5 years ??

The only question I would have is why does, how does a big cash generating business run up so much debt? and how?

You cant blame income funds when the company cuts the dividend. It was the company management that got this company in this mess. Income funds are just that, if there is no income they cant keep them in their fund, just as when they dropped out of the FTSE 100 funds had to sell the shares, end of day its all down to very very bad management, whom have take their free shares , pensions and bonuses and skipped off to the next feeding frenzy............

Same Dog, different fleas, same old, same old, you should know that whenever we have this kind of event / numbers there is never any good news! Just a complete dog.

Only if it make a profit and can continue to pay the divi at this rate, its been cut once. More important is the longer term for companies like this, not only in this sector. Tobacco and Oil are now seen by some as shares not to own due to environment and health issues. IMHO I will be scaling out of this stock and looking for what we need next, battery producers, green power storage or along those lines.

Agree, think the best outcome would be some big Chinese tobacco firm to buy out IMB for the exposure to U.S. and European markets. Don't really see any further positive myself, the decline is still on and that's about the only thing I could see reversing that in the near term. IHMO

The way the world is changing I would say, sell oil buy drugs. Tobacco co's too are going to become very much unloved if not already. Anticipating change is the key.
I would loved to have been in the board meeting at Whitbread, a brewer and pub estate owner for years, when they decided to get out of brewing and beer and become hotels and coffee, what a change.
Then sells costa coffee to coca cola, pretty smart moves. Now hotels and food, not the best place in these times but covid 19 was really the black swan event due to happen at some point.

unfortunately this is the way of nearly all companies these days, while even more perverse is that they make employees go through performance reviews to obtain small bonuses or pay rises, these are administered by armies of middle managers and hr staff etc. The same rules do not apply to those at the top. All just heads in the trough, heads in the trough and get all you can on the gravy train.

All these minnow companies need some tighter form of regulation IMHO, they seem to pop up everywhere, steal customers with fantastic claims and tariff prices, then as quickly as they came they go bust. For this to keep happening someone somewhere is making money out of it, its being pocketed by someone before the firm goes bust. This then gives the customer all the grief of getting money back and / or back to a supplier. I have tended to stick with one supplier for both G&E (Scottish Power) but I have my Boiler and radiator cover with BG. I noticed with interest that Scottish Power now also offer boiler services etc, weird that if its a loss maker they would adopt it, unless of course they are using sub cons. Maybe get someone from Homeserve a company I recall did have some bad years share price back in about 2012 was under 2.50 now is up at 10.60 maybe they need to get someone from that board to point them in the right direction whatever they did it worked for them in turning round the way they operated home services?

think someone did a typo here .... if only ...........

Centrica: Credit Suisse reiterates outperform with a target price of 7,000p.

may just have been the historic dates as that was about the time it used to pay, I have not personally seen anything from the company that stated the divi was reinstated. Anyone else seen anything? I would have thought that if it were announced that would induce some more buying, maybe something will come out later in month?

hmmm is that dream or fantasy ? Can't recall anything myself.

Yes, but the fear is that CNA have disappointed so much in the past on these events, hopefully this may mark the turnaround of that situation and CNA now starts to deliver positive updates, trading updates and financial results going forward.

That is going to be a long wait, hopefully a reinstatement of the dividend or some of it will help.

Maybe, there are a number of broker houses going plus 10% from where we are now. We shall see what happens soon.