Member Info for hellyeah

We managed to get a licence to explore North sea
We managed to get Shell onboard
We manged to drill a well at no huge cost to Deltic
We managed to discover commercial gas

I am confident we will manage to get significant commercial value out for long term holders. I don't care about 10-20% sp movement. GL all!

I bought couple of tranches - one at 139p and the other around 150p this week. Just the start of a big ascend I feel!

I sold at 156p earlier in the month and bought back around 123p. Hopefully we will see 150p+ again in short term.

Uncle_Doug - add to that £1billion net cash position, innovative services like domestic electrical charge point installation and other smaller providers bankrupt or winding down (e.g. Shell energy).

There is never a better time to invest in Centrica IMO.

£1 tomorrow hopefully.

£206m FY revenue and mcap is only £190m, add to that £22m profit and next to nothing debt and huge growth opportunity in the electric charging - the future looks bright!

I wanted to top-up and was waiting for a dip, thanks everyone who sold. I added a few. The only reason for major shareholder to oppose buyback is if they want to stop SP going up so that they can launch a takeover bid, I cant see any other reason!

SP is currently at silly level so patience will pay dividends here (no pun intended)! P/E ration of 3 is ridiculous in the sector where not many competitors left! Centrica has become a beast, its just that the board cant say that otherwise media/public will take offense given the energy prices!!

They have pretty much doubled the earnings per share from 15p to 30p in 3 months!! This should double the SP I feel. £1b net cash makes this the safest investment!

Profit forecast up by 50%! This is massive!!

Pappalazz - China Covid relaxation is a big deal for cruise operators!! Chinese are the second biggest cruisers in the world, after the US!!! I am doubling my holding here tomorrow, I see at least 1000p in couple of weeks when the world realises the impact of China reopening?

"The global cruise industry is a growing market. Between 2009 and 2019, the global industry grew on average 5.28% per year. It hence increased its total passengers from 17.8 million in 2009 to 29.7 million in 2019. The Chinese cruise industry plays an important role on an international level, with Chinese consumers being the second largest nationality of cruise vacationers, only after Americans. In 2019 Chinese passengers accounted for 2.4 million or 8% of the total passengers."

https://daxueconsulting.com/chinese-cruise-industry/

Carnival is too cheap still. All the travel/leisure stocks are flying this week. China is reopening and they will have money to spend and eager to get out and about. UK alone is anticipating huge number of Chinese tourists, let alone the US and Europe.

This is still way too cheap! 50p would be a good point before we rerate towards 100p.

This is still too cheap. MMAG is much more than a £25m business. I would anticipate £200m mcap in 12 months to start with!

- Cost of living crisis so much bigger market for pre-loved items. This is a well published fact.
- Bakkmarket partnership should start yielding results
- Football world cup incoming
- Black Friday
- Asda partnership
- Expanding to corporate would give us a seismic boost!
- This list goes on...

Windfall tax not good news for smaller providers and when dust settles Centrica will be left with 2-3 other providers in a huge energy market in the UK with a healthy balancesheet. £2 here we come!!

They will need to buy 1% of the company every month more or less, its will take the sp up to 100p I think.

Superb results!! Any one noticed this blurb?

"Given the Company's current market valuation, mergers or combinations are currently off the table, that is, unless merger or combination partners are prepared to accept equity values as part of their consideration of around 425p per share - as TheoremOne and XX Artists did. That was our share value before our recent challenges and more in line with the general market declines from our peak market capitalisation."

Sir Martin wont say this unless there is a demand PEs acquiring S4. Bring it on!!

Why so cheap? Here you go...

- Cost of living crisis so much bigger market for pre-loved items. This is a well published fact.
- Bakkmarket partnership should start yielding results
- Football world cup incoming
- Black Friday
- Asda partnership.
- This list goes on...

These are so cheap even after the rally today. I hold some from 8p and bought another chunk at 13p yesterday. Need to go back to 50p!! So much going for MusicMagpie currently!

Cleverly written trading update RNS in which Centrica has given no numbers on how well they are doing.

They have excess cash (5% of £4.5b) which will be used for share buy back. We must be doing well this year!