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"

Did the results come out today, I can't find them

Money am hard this in the daily summary

"British Gas owner Centrica (CNA) reported full year pre-tax profit nearly doubled from £593.3m in 2015/16 to £1.78bn. A reminder of the challenges it faced dragged the shares failed to unnerve investors at the stock was relatively unmoved at 193.6p."

Is this a mistake!?

See post 578.

I don't know what moneyam are up to then
You can't rely on anything you read

StockMarketWire.com
The CQ Energy Canada Partnership - the Canadian E&P joint venture in which Centrica owns a 60% interest - is to be sold to a consortium comprising MIE Holdings Corporation, The Can-China Global Resource Fund and Mercuria for C$722m in cash.

Centrica said its net share of sale proceeds was expected to be approximately £240 million after adjustments.

Centrica said that in line with its strategy announced in July 2015, the divestment meant its E&P activity would now be focused solely on European assets, with the group having completed the sale of its gas assets in Trinidad and Tobago in May 2017.

Deutsche Bank Sell 203.05 160.00 160.00 Reiterates

StockMarketWire.com
Centrica and Stadtwerke Munchen GmbH have reached an agreement to combine Centrica's European oil and gas exploration and production business with Bayerngas Norge AS to form a newly incorporated joint venture and create a leading independent European E&P company.

Centrica will own 69% and Bayerngas Norge's existing shareholders, led by SWM and Bayerngas GmbH, will own 31%.

The effective date of the transaction is 1 January 2017 and it is expected to close in the fourth quarter of 2017, subject to competition and regulatory approvals and other conditions.

British Gas customers face price rises as early as next month, the boss of the company that owns the energy business has hinted. Iain Conn, the group chief executive of Centrica, said that his businesses were "not immune" to the 15 per cent increase in wholesale costs for energy suppliers over the past year and suggested that consumers may have to share some of the pain.

buy by march next year over 300p

Is that a cast iron guarantee Tanker?

Centrica plc increases the price of electricity on the British Gas standard tariff but moves to protect its most vulnerable customers.

http://www.moneyam.com/action/news/showArticle?id=5608779

Excellent, now let's see the the SP go up substantially...fat chance -):

StockMarketWire.com
Centrica's first half earnings before interest, tax depreciation and amortisation rose by 2% to £1,293m following a solid performance in the six months to the end of June.

Customer-facing businesses' adjusted operating profit was flat in H1 2017 compared to H1 2016, with higher profit in Centrica Business offset by reduced profit in Centrica Consumer.

Overall adjusted operating profit was down 4% to £816m reflecting lower profit from its asset businesses.

Adjusted earnings down 11% to £449m including a higher net interest cost.

The group declared an interim dividend of 3.6p, 30% of the 2016 full year dividend in line with established practice.

And it said it was on track to achieve the 2017 targets set out at the 2016 preliminary results in February.4

yes a cert , the company is being run much better we will see a rise in final div
but at 6% VERY HAPPY TO HAD AND DOING SO

Thanks Tanker :-)

Still unloved.

Tanker - post 603 - is that still a dead cert?

No Skinny but Tanker was, he was banned must have been while you were away.

This one is oversold IMHO.

Recent low gone.