Member Info for jedclampit

All good points but CAN have already decided to move the other way and sell off assets they don’t need and concentrate on their home market where they are the biggest player and will make the most profit.
Let’s get all that money in first and then see how it looks.

Yes someone buying and wants this stock so maybe that's why the sp has been dropped, that's got to have been some of the biggest buying lumps for I don't know when but all good news and may it continue.

As investors / gamblers we all make our own call as to when to jump in, some jump in early to gain a possible bigger gain but with a bit more worry and others wait for dead certs when all the facts are confirmed and make a smaller more G/Teed gain or loss.
We all think we know what's going to happen but we don't and neither does the city or accountants but if they did it would take away the fun .
But what do some say, please god make me rich !!!!!!!

In fact going by the last results they had £2.778bn debt and the sale of Direct energy will give them £2.85bn,
so they should / could end up debt free if they use all the sale money to pay off debt.
Then things will change in a big way with much lower maybe no interest payments, but things should be a lot better in 2021.

You make a few points but I think you are now behind the curve.
Centrica is a broken business model. It might have been but that has now changed
Falling revenue. Was but now turning the corner and revenue on the way up.
High debt. Once they get the money from recent asset sales debt could be a third of what it was.
Increasing competition. That's also changing as many smaller competitors have / are going bust.
And meddling government price caps. That shoiuld be a good thing for competition.
2012 will see a much better more competitive company concerntrating on its' home customers and making more profits.

So why the urgent move to pay dividends? we have spent years getting the debt down and just when we see the light of almost no debt and a great springboard to better times someone is asking when we will start paying dividends.
Who is the dividend for the big shareholders or the small pi's or is it just to look good in the city. We have already moved to the 250 market so what's the rush to move onto the top 100 because it won't happen or are they making pfd a great buy for a takeover, but by not paying divi's yet pfd will look even more attractive to someone in another year. Let's get debt down to almost nil first and sp up to £2.50 then see what we do.

Yes pfd never follow the market and in most cases go up when the market is down.

I think we will soon get a trading up-date and confirmation of asset sales and that should start to push up the sp, but we are also waiting for the 23 rd Dec when Centrica's staff problems should be solved.

Come on guys I cannot believe the number of posters that think they have made millions, we have been talking about this for weeks.
For anyone new, all shares have been consolidated by 20, so what ever you had is now divided by 20 and the value goes up by 20.
It's all designed to stop / get rid of small pi's and designed to later issue more shares to bigger investors as the sp falls back.
sit back and wait because I see the sp down to god knows where maybe £2.50 again in 6 months if they don't start making good profits and divi's.

Come on guys it needs time to settle down, Remember all those that said consolidation doean't change a thing you will still have the same value.
Let's hope it doesn't settle down a lot less.

These accountants know what they are doing, ok it just looks like they are moving money from 1 account to another account but in the end it will make the balance sheet look very good with much reduced debt levels.There has also been talk in the press for a while now about pfd buying more brands and maybe this will give them the cash in hand to do.
If the city see this as a good move I guess they will move the sp up today, let's hope they do.

Hi guys, We have already done a deal with China and many others and now looking to do a free trade deal with India as well, infact all the big growing countries. Why not also look at Russia I bet they would jump at it and then we just trade with the EU on wto terms. The world is much bigger than Europe and we should be our own bosses and look at the 5-10 years down the line, where with luck we would have improved our productivity and output and gianed a better standard of living for all the younger ones. It doesn't matter to me as I am retired and will be long gone for any short term benefits to me, but life is also about princples as well.

If you have already made your CGT great news, but if there is a NO Deal and many shares go down why not buy lots more cheap and then sit on them until after the 4/5 th April to sell with luck and make more profits which will come in Next years allowance. That way you are not making more profits this year but already building up profits ready to go.
Just a thought.

Correct, I also hold saga,. But the difference is that saga is now fully funded and Saga makes a good profit from both the insurance side and the travel side and it will all come back in time , but AML don't make a profit and will be hit with lower sales and will need more funding.
Just because a company has a consolidation many think that's the end of their problems but it's not.
Those problems are still there and they have consolidation so they can then raise more money by issuing more shares down the road. Maclaren are now looking to float their company because they have been losing money and so are going to pump investors by listing on the markets to stay afloat , but they have the same problems as AML not enough customers and sales to cover research and overheads. Just cannot see a sp of £15 holding for that long with the same problems they have had for the last 2 years and that's why they couldn't hold their last sp of £19. But Hey I could be wrong.

A consolidation is meant to bring in stability for the shares and stop large share price movements, but Saga also consolidated their shares within the last month or so by 15 and since then their shares have moved up and down by anything from 6p - 30p a day, so anything can happen.
Just don't be surprised if there is still big price movements.

I have to agree that that where we should be more productive and more cost efficient we are NOT.
For some reason the government / all governments get talked into silly ideas about green energy, just look at the personal sun sola pannels where they first gave a good pay back but then changed the rates so it became pointless. Then take the smart meters that cost us all hundreds of pounds but don't actually save you any money and don't work half the time.
Let's stop all these so called think tanks who get paid millions and in most cases do nothing but bad after a few years, and leave the running of the companies to invest in long term projects only for tax releif.
Rant over.

But in the end the city will look at cna and the cost cutting game and then push the sp up as they will make more profits and divi's.
Unfortunately the staff never come out on top when it's all about keeping the company any company afloat.

Are you talking German or just Double Dutch?

Come on everyone we all know that as shareholders we just don't care about AML cars or whatever these companies make, as shareholders we only care about making a profit and as long as you buy cheap and sell higher who really cares what happens to the range of cars as long as the sp goes up.

Yes I agree the Germans will lose lots of sales of their cars and they know it.
That's going to happen anyway with all cars over the next few years as we move to electric .
The days are numbered for all big gas cars including DBS's , so we might well get used to it now and move on without many of the European cars.