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Centrica gets shafted by the government getting down with the electorate

By Chris Bailey | Thursday 5 October 2017


Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


After the omnishables that was Theresa May’s big cough-rence speech, mumblings from the Brexit transition Queen about the need for a price cap on the easy targets of the electricity and gas utilities spanked the shares of Centrica (CNA) and Scottish & Southern (SSE), with the former falling to a 14 year share price low. Whilst the latter bores me, the former does grab my attention as the current management team does have a sensible plan involving selling us energy efficiency related technology and services to complement our core gas and electricity bills.


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