Member Info for RWP53

https://mol.im/a/7464315

You are always so accurate with your charts and forecasts, thanks for sharing the info. Do you see any recovery in this share in the medium to long term?

Report in the Times today

I agree this won’t be a quick recovery and thankfully they don’t own any of the distribution network like SSE AND NGC after Corbyn plan to renationalise has reduced those shares even more.
I think Centrica will ultimately split/ hive off assets under a new CEO. Even with the dividend cut it’s still a good return and the balance sheet will be bolstered.

There are a lot of depressed people with heavy losses on here. Would it really take that much to return value to this share?
A new CEO would be good
Selling the Nuclear share
Hiving of Spirit energy or realising it’s valur
Has storage is finished so the closure of Rough will save millions
This on top of selling other non core assets
I read yesterday EON demanding to see the regulator about losses they cannot return through cost cutting
Innogy virtually bankrupt
EDF lobbying over price cap
So not just centrica.
With all of the above Centrica ranked 22nd for performance (I believe)in the FTSE 100.
Maybe some rebranding and streamlining will be enough. A dividend cut for the short term would also ease government pressure and public anger. I think I’m going to start buying, I think with a little managerial foresight could be a winner and bazzer gets his £100k back

The big six I believe have to pay additional costs for supplying green energy from generators adding £150 ish to bills. Smaller suppliers do not, does anyone know the requirements for a supplier to have to do this and does it end on the near future

How was the vote conducted? Did shareholders get voting papers by post? Just chatting to an ex colleague who has shares and he informed me he didn’t revive any!

Only 15% voted against his pay award??? This doesn’t bode well
http://www.thetimes.co.uk/article/8e82830e-7363-11e9-a5e9-48f686bb2833

I hear this from ex colleagues, I also think Conn will be gone soon before any more damage. I hope things improve and work out for staff. I took early retirement when they criticised me for not utilising a life coach ffs. I believe the company can recover but I think it will be a few years under a new BOD which is imminent

Why would I be bitter I sold all my shares 3 years ago,
‘Management have very little to do with share price lol what are you smoking’?????? you are funny

I guess you are an unhappy employee, I don’t blame you one bit. I am aware of the inland revenue rules and estimated the deals from this year at the current share price. I used to be an employee in a senior position and thank god I no longer am. My comments were based on my earlier post and new management, I know how good the employees are and I just hope they are around to reap some reward from share schemes once a recovery happens.

BP recovered from a £62 billion pound catastrophe, I pretty sure with good management and a revised strategy this company can recover over the next few years. As for employees buying shares they are getting 2for 1 and share save at 80p per share over 5 years. Kerching the ones that are left could be very wealthy.

There are some knowledgable people on here and some loonies, so addressing the former what would it take for this share to recover?
Nuclear sold for £1.3 billon?
Conn sacked?
Cost cutting targets achieved?
Spirit Energy hived off?
Non core business sold?
Dividend halved or maintained?
Pension deficit dealt with?
Take over? Though I see BP have entered the market
Your thoughts please and be mindful the last results had a profit increase which made no difference

This is a large company with lots of potential but is badly run, I am reading a lot about shorters exploiting this. The best way to regain value is to split the company just like National Power did when they were badly run by Brian Count. Cast the vilified side of the business with a new name and fewer overheads so they can compete with the back room energy companies and let Spirit Energy etc make money

Charles Berry will have removed Conn by mid summer, better late than never I suppose

I don’t think the BODs, institutions or private shareholders would accept an offer under £2.50. Changes need to be made at senior level and greater value will return. It just needs to happen now

I am pleased it worked out for you and sounds exciting what you are involved with now. I only had 10years with Centrica and the rest with the CEGB and National Power so thankfully had some great years and share schemes. Like you I feel for the younger guys who have no security now and lose their jobs when the buffoons above should be shown the door so this company can recover some of its real value.

I retired from the power generation side of the business shortly after Sam Laidlow left, I had a senior position and 35 years experience. I could not believe how bad the management were, they would turn up at meetings with their life coaches and big sticks and talk absolute rubbish. The worst being a guy called Simon Merriweather, he destroyed the power stations unless you agreed with his bull you were disregarded. They told all the experienced guys if you wanted promotion or be included you had to give up your pension, so we told them to get stuffed. Now Conn has to go but when he hires his ex BP colleague Richard Hookway he has protected himself! The cull at senior level needs to come down a long way that’s why I believe the company has to be broken up to regain real value.

The price cap and poor management will cost 8,000 well paid jobs, why doesn’t this make the headlines. The Electricity system in the UK will shortly need billions of investment with companies not financially healthy enough to invest. The remaining power stations including nuclear will soon be invaluable because nobody will build new ones with forecast returns

Centrica says 2019 profit to be hit by energy price cap. British Gas owner Centrica said its profit this year will be hit by the energy regulator's tariff price cap. The company reported a 12% rise in annual group operating profits to £1.39bn for 2018, but described its performance as "mixed".21 Feb 2019