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"

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.

Its a long way down to next support.

T May mentioning a possible energy price cap again today, which has hit CNA particularly hard.

Centrica Plunges to 14-Year Low as May Targets Energy Cap

Finally bought back some CNA @177.19.

Deutsche Bank Sell 180.50 160.00 160.00 Reiterates

HSBC Hold 180.50 202.00 190.00 Reiterates

Credit Suisse Neutral 180.50 225.00 225.00 Reiterates