Member Info for N0mad

Can she afford to do a rights issue, it would make her so unpopular with Investors. Would she survive it?

We can only hope that the next update will be positive, I think as soon as we some normalcy returning to energy consumption we will see the dividend back and that should be announced in the next update.

No news about Spirit but were selling other stuff!!!

We are suffering here due to all the bad press reports, Nigeria, Netherlands case etc etc. Once we hit the 65 billion debt figure and there is a good increase in the dividend we are going to put all this in perspective. It will come later in the year, just hold on and add at these levels and you will be rewarded with a great dividend.

This share is going to suffer until we hit the 65 billion debt level, which is when there will be an increase in dividend and possible share buy backs. As analyst have said that could happen later in the year, until then we will continue to plod along.

Hi Aspers, I don't know what I would do if lost that kind of money. My total investments aren't worth that much!! I got into CNA at 55p average and hope I will be up soon enough, at the moment its my only share sitting on a loss. I have got money in travel stocks and oilers too. I am being patient with them all, including CNA which I think from these levels will give a decent return. You must believe it will go up too otherwise you would have taken all your money out.

Aspers: Your about the only one who has such a negative view about this stock. It is a definitely going up, it's just about when and whether we have the patience for it. The staff issues have been sorted and next it will be the Spirit sale, then the dividend will be back and profits will start rolling in. It's going to take time but it will all fall into place. This a great buying opportunity.

There is a lot of news that will come out during the rest of this year that will push this up closer to £1. We have to be patient and let the new CEO do his job. He is determined to make change happen and I am sure he will do his job. The demand of Electricity will increase now that the shops and businesses are back.

When is the investor day in June?

I am fairly new to this game. Does anyone have any experience of seeing a company split in two. What are the possible scenarios? Someone mentioned we could be asked to purchase more shares?
I have bought into GSK recently and am up 15% as of today, I am excited to see where we go from here.
Any ideas or insights would be much appreciated.

CRI55 is full of it, when he sells his shares he puts SGC down and when he buys he is ramping at full steam. Makes for painful reading.

The big thing with this share is how will money be reinvested and what will be given back to shareholders. The answer to these two questions will take us over £5. Until then we will keep bobbing up and down.

All I know is that I am here until then as I am sure the CEO wants this to go over £5 to prove her worth.

This share is for the long term, nothing is going to happen in the short-term too may hurdles to cross, but in the long run this will give a good return and great dividend on top. I am piling in as funds become available. I feel sad for the engineers but these decisions need to be made. With time the workforce will be back and money will come rolling in especially once Spirit energy is sold, even if that's at a discount.

I think this will go to £1 in a year or two, with a decent dividend for those who get in now.

I only got in recently after the the bounce of the bottom and plan to put more in here as funds become available. You have to be in here for the long term, not much in here for the short term.

Investing in CNA basically comes down to one question: Do you have faith in the turnaround plan the CEO has in mind? If yes then this is a good point to get in and wait longterm for the plan to materialise into the SP moving forwards, if not then don't invest!!

Have you got a link to the article please

The Share price has suffered due to the risk involved in the split and the potential drop in the divi. But the way I see it this is what makes it a buying opportunity as generally speaking each part will be more focused and the potential upside is great.

This is why the SP has been up last couple of days:

GMB strikers set to accept Centrica terms ‘with heavy heart’
On 1 April, Centrica’s rancorous dispute with the GMB union over updated terms and conditions for workers comes to a head. Utility Week understands that despite a remaining cabal of resistance, most GMB strikers will concede. Adam John examines how the longest strike in Centrica’s history came to be and how it is likely to end.

From Utility Week

Dividend will be back later this year in my opinion as demand will be boosted for the second half of the year

Divi might be back towards the end of the year if we are lucky