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"

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

Not much wriggle room there skinny. Presumably you are trading your recent purchase, rather than investing?

Unless they hit £2 before - I'll wait to see what happens after 12th.

Ex-divi 12th Oct 2017 (3.6p), so at least you will get the divi if you hold on skinny. Might have to hold on for a while after that!

Probably a bit early, punt long on spreads 173p.

Obvious dividend play goes ex-divi tomorrow or more optimism?CENTRICA DIRECTOR DEALS

Dec.Date Type Director Pos No. of Shares
10/10/2017 BUY Richard Haythornthwaite CH 57,077
09/10/2017 BUY Iain Conn CEO 100,000
03/10/2017 BUY Mark Hanafin ED 78
03/10/2017 BUY Iain Conn CEO 79
03/10/2017 BUY Mark Hodges ED 79

Daily Mail -Energy price cap could run until 2023 in Government clampdown on suppliers. What the article doesn't mention as pointed out by Reuters is that it takes five months for the bill to go through so unlikely to cover this winter.

Deutsche Bank Sell 172.65 160.00 160.00 Reiterates

No sense of humour :0)

Stop to entry for risk free trade. Ironic all this doom and gloom and ex-divi to boot sp rises :0)

HSBC Hold 172.75 190.00 190.00 Reiterates

StockMarketWire.com
Centrica has acquired REstore NV, Europe's leading demand response aggregator, for €70m in cash.

REstore - which has its headquarters in Antwerp, Belgium - manages 1.7GW of peak load from a portfolio of industrial and commercial (I&C) customers across Belgium, the UK, France and Germany, generating value for businesses through ancillary services including frequency response and capacity markets.

The company's patents are currently used by over 150 of Europe's largest energy users, including chemical, steel and food manufacturers.

The business will form part of Centrica's international distributed energy and power unit, which provides energy insight, asset optimisation and energy solutions to large energy users under the Centrica business solutions banner.

Centrica said that through this acquisition, demand response aggregation would become a core part of the offer to customers and was expected to represent a significant growth opportunity as global electricity markets evolved.