RE: Centrica21 Jun 2018 19:04
I worked for Centrica too until very recently for over 15 years.
The government have played havoc by targeting the Big6 over the years, despite small profit margins on gas/elec supply. I felt the business was VERY top heavy with management, and I think Conn’s strategy to cost save will pay big time going forward, shame it wasn’t done years ago. Not sure on the concentration of the connected home, I think amazon and the likes can perform in this area much better. I hope it does turn the SP around as myself and many of my colleagues are still heavily invested due to SIPS and sharesaves bought at much higher prices. Massive buys today after hours look good.