Member Info for jedclampit

There have been ongoing talk about sale of something and on coming contracts for things to come for the last 5-8 years ,
yet they have done a number of placings to raise the money where the old directors have all taken part.
So don't bring that old chestnut up about they can't do it and buy shares, if they wanted to buy then they would buy shares they just do see VOG in it's current state as a good bet and don't want to put their own money into it.

We all know what these big directors do, they change employment contracts, cut costs and then get millions of free / cheap option shares for all their hard work. They cannot lose providing they stay in their jobs and bring in the goodies..
But I guess we would all do the same if we had the chance, as long as the shareholders come out of this with better share value and divi's within that same period.

Chance would be a fine thing, but the directors never bought these shares they were given under a grant below.
Conditional awards of Shares were granted on 14 June 2021 to two Executive Directors.
The conditional awards were granted under the terms of the Centrica Long Term Incentive Plan and are in respect of the three-year performance period 2021-23.
Vesting of the conditional awards is subject to continued employment and the satisfaction of stretching financial and non-financial performance conditions across the three-year performance period including Total Shareholder Return, Earnings per Share, cash conversion, safety, customer and employee engagement. Post vesting, the Shares are subject to an additional two-year holding period.
52.46p 4,431,948

52.46p 1,501,143

kall, OK let's be honest I made a wrong call ripely ! but it will come back in a few months. I guess it doesn't help if they extend the june 21st dealine for a few weeks but that's life.
I'll have to make a be more here with PFD when it drops to £1.03 ish.

Back to £1.03, then time for top up.

Should now see sp work it's way back up to 55p- 57p over the next few weeks before the results, where we might then see a 2p divi brought back.

But didn't the last rns say that 98% of the workers have already signed the new contracts and I guess that leaves the 2% that left. Now all those that have left will be replaced by new workers, problem solved and move on.

So if it's not worth buying at £1.07 it's not worth buying at 99p is it.

I have done my research and it looks like £1.05 to me , so what's the point in buying now when I can buy in cheaper on Tuesday morning after the announcements of delays by Boris, but we all have different views.

There might even be news of some directors buying in stockwith their own money , but why would they buy now when they can fill up in a placing at 3p-4p.

So we could be back to £1.05 very soon and I can buy more as predicted.

AED, So why are you wasting you time keep coming on here with youe negative views,I would have thought you would get more satisfaction in something else if you have bought in here at much higher numbers . For those of us that have bought in at under 55p ish this is a dead cert and no matter what remarks you make you seem to be wasting your time.

Couldn't find anything about this on their web site.

So more info, can you post where you have seen this info or are you just making things up?

The trouble is nothing ever stays the same and something could / will happen in the UK or around the world and the stock market will again drop to maybe 500 ish no one knows.
If you bought RR 5 years ago thinking I'll hold and make divi's and sp growth , well the sp was 600p - 1000p and now look at it, so you have tpo change your strategies according to the times and conditions.
We all think RR should go up to £2 but it could take 2 years we just don't know, what we do know is it will trade from anywhere from £1 up to maybe £1.30p over the next 3-6 months so if I bought at £1.05 do I wait n3-6 months to make maybe 25p a share or try something else. Look we have all bought a share at what we thought was the lowest price and thinking we will miss out now if I don't buy only to find the sp goes down again. OK RR will / should go to £1.20 but you can bet your life that at some time maybe next week it will be back to £1.05 or less. Life's a gamble for all.

Data early Friday showed recovery gathered pace in April, with UK gross domestic product expanding 2.3% month-on-month. This was the fastest monthly growth since July 2020, as lockdown restrictions eased, and marks an uptick from a rise of 2.1% for March.

While UK GDP remains 3.7% below pre-pandemic levels, it is now 1.2% above the initial recovery peak in October 2020.

The trouble is things have changed and at present you can no longer just buy something and sit tight and make profits.
We all know RR has value but at what price, and we all know that at some stage maybe 3 months 6 months aor a year RR should come good and maybe go up to £2 but £3 I don't think so.
So what many experienced people are doing is, if RR goes down to say £1.05 then it's a safe bet it will go back up to £1.12 -£1.20 and when it reaches that they sell and wait for it to go back down again I know I have a few times and many others will be doing the same thing. At present it just looks to risky to just sit tight and wait a few months when you can keet trading and keep your money safer for a while. But we all have different straegies and who knows what's right but your gut feelings play a part.

But it doesn't matter what you use because BG already supply both gas and electric don't they as they just buy them in the market and sell on to us and make their cut.
It just means they won't need some many engineers they could just farm out for those needs and again just make their cut on the costs / charges without having all the overheads.

Sorry you have this all wrong, gas boilers is only being banned on new houses and current gas boilers will still be going in another 20 years unless the government pays everyone £2000 to do a complete change over and that won't happen.
With regards to electric heating I had electric storage heaters 40 years ago and they were expensive then and didn't work as they had NO flexability, once they charged up over night on cheaper electric you couldn't turn them off when the sun came out and you didn't need the heat you just had to open the windows.
OK the new heaters are much better but when you charge them up over night on cheaper gas tariffs you end up paying a higher charge for you electric in the day time so you don't really save at all.
OK Centrica will have to change over the years to new things but they will still be making lots of profits.

True I think £2.00 is a bit much but a much more realistic price would be 75p within the next few months which does depend on the results but with debt now down to .05bn from £3bn even a takeover offer of £1.20p cannot be ruled out