Buy recommendations mean absolutely nothing. It's the results and future earnings that are key. Just look at the ridiculous price targets Jeffries and all the others put on some companies.....absolute fantasy.
Nevermind the shorters,it's the weather that'll give centrica a big headache if this hot spell continues. It'll probably be incredibly mild all winter and finish this company off. I truly believe that the next trading update will be worse than the last. It'll be very interesting to see what Conn finds 'Encouraging' about the period we are currently in.
H-hi ...I very much doubt that Conn has absolutely ruined Centrica on purpose. I think he's just an absolute plank who knows not his harse from his helbow. He's the laughing stock of the ftse 100 and will be lucky to get a job flipping burgers after he departs from this once great company.
I don't think many of us will be at all surprised by this. Centrica are in a very bad position at present and I'm dreading the next update. I wonder how on earth Conn is going to try and dress that one up to us all.
Yep. ...these really are an utter disaster. I'm still expecting sub 50p. The results were dire and debt is up ....and nothing has changed. Unfortunately 70p is way overpriced in the current climate. Wtf was i thinking not selling them. An expensive lesson.
Price targets are usually utter fantasy unfortunately. It's a way of getting people to believe they'll make a fortune if they purchase the given Share. Hsbc are more realistic here, but 75p seems just too overpriced in our current Dire situation.
Quite simply because i will wait whatever happens here, as I'm so far down that it doesn't matter now. I will be buying Pru....and Lgen. Maybe you should have a look at them too. Both companies have good results and one good divi yield...and the latter,fantastic divi yield.