In our last model update we affirmed that, in the long run, a recovery was still possible, but that we preferred to remain cautious for the time being and wait for some news flow positive enough to cause an inflection point. Unfortunately, in the absence of a positive element, we have now decided to review our approaches and adopt a more conservative view.
20 Jun 2019
Is Centrica a value trap?
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Is Centrica a value trap?
Centrica plc (CNA:LON) | 132 -1.8 (-1.1%) | Mkt Cap: 7,038m
- Published:
20 Jun 2019 -
Author:
Auguste DERYCKX LIENART -
Pages:
3
In our last model update we affirmed that, in the long run, a recovery was still possible, but that we preferred to remain cautious for the time being and wait for some news flow positive enough to cause an inflection point. Unfortunately, in the absence of a positive element, we have now decided to review our approaches and adopt a more conservative view.