Any thoughts on the company?


Red line 200 MA

24 Mar 2015 "Deutsche Bank cuts Centrica to 'sell' from 'hold', target cut from 280p to 225p"

More broker support for Centrica from hemscott premium...

Centrica PLC

FORECASTS 2011 2012
Date Rec Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)

SG Securities [R]
31-01-12 BUY 26.77 14.11 27.79 14.82

Investec Securities
30-01-12 BUY 2,196.00 25.80 15.44

just checked my reading my bill so far for gas is over 378pounds and still 5 weeks to go

G'morning TANKER, no one can say you aren't doing your bit for the company ;-)

my 4 homes are covered by home 400 thats 1560 A year
this global warming is nice hate the cold weather

TANKER, so your gas bill for your 4 homes is £378? if so that is cheeeeap by comparison.

my bill is 220 a month?

ho yes that is for my home i do not pay for the others well not yet
my daughters must be way above mine

301p is take off to 400p

Stop to 294.3 to lock in + 10

cc 50p is better and it is coming up to 300p now and the big buyers dont start for enough week.

Lost me TANK, you want me to reduce my stop to 50p?

sorry no i mean 50p more to come soon 350p

Ok , cheers TANK.

.

Talk of a £1.2bn payout warms up Centrica
By Rachel Cooper, City Reporter
5:59PM GMT 03 Feb 2012
http://tgr.ph/whyJdb 23.5p div

when i said i had spoken to a friend at centrica and i bought you can now see why 400p plus is still cheap

British Gas owner Centrica is on the rise after analysts suggested it could return up to £1.2bn to shareholders.

The company raised its stake in the Statfjord field in the north sea earlier in the week, but UBS said further such deals were unlikely to fit its acquisition criteria. Analyst Stephen Hunt said:


Even though Centrica's preferred strategy remains vertical integration, if the company doesn't find sufficient investment opportunities, then it could redistribute cash.

We believe that the payment of a special dividend of up to 23.5p a share (8% yield, totalling £1.2bn) is possible in 2012, although Centrica would likely target a lower payout in order to leave headroom for further acquisitions. Strong cashflows mean such a payment could also be repeated in future years.

cynic you will not get these returns in any bank for the next 4 years .
and you wil sleep at night

Consumers will be delighted to hear that their payments are going to shareholders.
2517

i mentioned on another thread that i had now bought some ..... by far the best return i have, apart from on a small property i bought in london in 1978, is on a private investment which yields 10% and is low risk too