Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
This is only my personal thoughts that if Centrica does not sack I Conn and leave him in position until next year the company will be relegated from the fuse 100. They dropped to 99th position on the outcome of the results on Tuesday and the shares are down another 4% today. If this happens the shares will drop below 60p. Yes this worries me because I have already lost a large amount with this company so time will tell. Yes I was a senior manager who left over 10years ago. I did not just sit on my backside with my partner enlarged her business in China and we have over 5500 employees. I walked away from Centrica because in my eyes I was seeing things and it was losing its sense of direction these are only my thoughts. I know a lot of ex colleagues who have large numbers of shares and they are loosing lots of money. Mr Conn wants to stay until next years because he wants the extra salary and pension contributions. Yes I think it will recover in time maybe a minimum of 5 years I hope so for all the normal shareholders
Yes h7e is trying to sell valuable assets again and then the income stream goes with it. He has never bothered to look in to the customer exodus and try too stem the loses. So like anyone who is stubborn he thinks he is right how wrong he is the senior managers losing their jobs and the first ones out of the door will be the poor business performing managers. I had a chat with a few of the ones leaving and they have nothing good to say about Mr Conn
Conn does not have any reputation left he has never been a CEO and believe me no one will offer him another position. The company will soon be kicked out of the FTSE 100 and that will be his legacy a company worth just one quarter of the value. I have been speaking to a few of the senior managers I know who are all leaving under redundancy. They do not even know where the business is going and they all told me it’s time to leave just like I did myself.
This idiot running Centrica has made a right mess of running a decent company. A lot of ordinary shareholders will have lost good money because they thought it was a safe bet. The only person who is gaining out of the companies mess is MR Conn with his pay rise,bonus and fabulous bonus. Yes he would have done better staying in Russia with BP. No chance of any small recovery until he gets sacked and I am one of the who owns a lot of shares. My saving grace is that it is not my biggest holding but I am losing big style. Good bye Mr Conn
Royal Dutch Shell and Eon will only supply electricity to there customers from green sources. Mr Conn sold all Centrica,’s wind farms for a miserly £220 million so his poor decision making is starting to go against the company
Centrica also sold off all its wind farms when other much bigger energy players like RDS are investing in them because this is one of the future lines of energy that is becoming more valuable. The next interim dividend is paid by Centrica in November
Yes but if Centrica drops out of the FTSE 100 list it’s borrowing cost and debt servicing will rise. Just look into what Conn has sold off on the cheap and where the direction is going I also worked for the business for 30 years and I still have contacts at the senior level. He sold parts off that where cash generators and all business needs cash revenue. The direction into hive etc will never replace this because people will not pay the price Centrica wants for the products. It is interesting talking to staff in Centrica which I do on my return from Centrica and the workforce is very dissatisfied which is no good for the company. Regarding why I did not sell off my holdings I did sell 50% but I was never expecting the share price to drop this low. I will not even top my share holding up because if it does get relegated from the FTSE 100 the stock price will drop even lower. I was lucky I received shares in BG group along with transco when the business was split up and these shares out performed Centrica in a big way sorry for sounding so glummy. I really hope the share price increases for everyone because I know a lot of people are down a lot in value in this stock
Mr Conn will never deliver shareholder value in my option because it is not a tech company and they r focus on the hive products. This company can never compete against Apple/Amazon just to name 2 big tech companies
Hi new boy better not wasting your money investing in Centrica because it is not being run very well at the moment. I was a senior manager in the company until I left and the value of all my holdings in the company are down around 75%. You can invest in more stable companies and get growth with decent dividends but nothing is guaranteed with the StockMarkets. When BG group was bought out by Royal Dutch Shell I invested all the money I received back into RDSB shares and I have grown in value over 60%. The dividend yield is over 7.5% because of the price I paid.
All chip makers have been taking a bashing and this will carry on until the trade war with China and the USA finishes. I live in china 6 months a year and Huawei has dropped its forecast for profit by over 20 billion dollars. So like or hate Mr Trump he is certainly looking after the American interest so he is just delivering what he has promised. The sale of smart phones new ones is dropping like it is in the rest of the world
All chip makers have been taking a bashing and this will carry on until the trade war with China and the USA finishes. I live in china 6 months a year and Huawei has dropped its forecast for profit by over 20 billion dollars. So like or hate Mr Trump he is certainly looking after the American interest so he is just delivering what he has promised. The sale of smart phones new ones is dropping like it is in the rest of the world