Diageo Share Discussion Threads

[sakernwd] 18/4/2024 18:58

Value stock

[philanderer] 18/4/2024 11:23

Bernstein raises Diageo price target to 3,600 (3,440) pence - 'outperform'

[philanderer] 18/4/2024 00:13

or maybe not..


'MARKET REPORT: Luxury stocks sparkle as LVMH sales soothe fears'

[philanderer] 18/4/2024 00:05

Diageo can draw little comfort from LVMH numbers, suggests bank


Diageo can take little comfort from LVMH’s trading update, according to UBS.

"Overall, we think the topline results are a negative read-across for the European Spirits stocks," said the Swiss bank.

LVMH noted in the US depletion and sell-out were flat in the first quarter as the category is 'stabilising’

In China, Jan-Feb sell-out trends were down double-digits (sell-in worse than sellout), with the off-trade performing much worse than the on-trade, while Duty Free saw a significant uptick (increased outbound tourism to Japan).

For Diageo, which has a 34% stake in Moet Hennessy (the MH part) that makes up around 10% of earnings, there is a risk of second-half associate income from weak first-quarter sales and negative foreign currency headwinds.

Champagne sales, a key of the Moet Hennesey group, had a tough quarter as sales retreated after a post-Covid boom.

LVMH said wine and spirit sales fell 16% to €1.4bn (£1.2bn) due to lower champagne shipments while Hennessy cognac saw US demand slip again.


proactiveinvestors.co.uk

[philanderer] 17/4/2024 08:48

Maybe a blue day ? At least the dividend has been paid into my ii account this morning.

[mcunliffe1] 15/4/2024 08:31

jubberjim, morning.

Is there any more room on those many fences upon which you sit? :-)

Perhaps you have the correct stragegies in this strange market and sit back to watch. I rather wish I'd done that back in August 2023 when I bought DGE at £32.32.

[jubberjim] 15/4/2024 07:38

Might be an interesting few days in light of weekends events.

Anyone got any ideas how low this might go or as it is considered a safety share how high

Still a long time until next dividend so will await at my leisure, and leave the appropriate buy and sell orders.

Be good above all be careful and keep liquidity (very poor pun)

[deanowls] 12/4/2024 09:35

I don’t think you can even begin to compare. I reckon DGE sell more at twickenham a year.

[jubberjim] 12/4/2024 07:28

DIS (Distil)

Has been mentioned a few times I think in previous posts different scale but same line of business (I think ?)


So their results yesterday did not look to promising.

So in light of which will keep on my watch list but not inclined to invest right now hence BATS bought into yesterday

Different scale as I said but is a worrying signal to this investor.

Good luck all

[pete160] 30/3/2024 22:34

I've been on zero for months and must admit I can't tell the difference in taste between the cans of normal and zero.I agree it seems quite rare to find zero served in pubs and restaurants, and even at a big Sainsbury's, their stock seem to go from feast to famine quite regularly.

[alphorn] 30/3/2024 17:34

Perhaps mixing a zero + a normal 50/50 would be even better?? Always good with bitter with half the alcohol.

[mcunliffe1] 30/3/2024 17:17

Finally found a Guinness Zero.
Excellent.
I would drink three of these if out with friends and was the driver - and feel as though I was drinking real stout but without the kick.

DGE should be pushing these strongly.

Was a tad expensive though at £5.15 in a Chef & Brewer pub/restaurant.

[anhar] 28/3/2024 09:19

Sterling value of 40.50¢ final divi announced: 32.05p pd 17 Apr (went xd on 29 Feb)

[suetballs] 26/3/2024 12:33

Just has 2 cans of Guinness Zero after golf. Not bad.
Suet

[mcunliffe1] 26/3/2024 09:01

I've been in several restaurants and bars over the past couple of months and asked each one if they serve Guinness Zero. None do.

Had a Birra Moretti alc free last week and it was quite acceptable.

I mention this as clearly Diageo have a sales issues if I can't buy their Guinness Zero anywhere.

[acsatix] 26/3/2024 05:12

I hope they did not settle for big bucks with this guy

hxxps://news.sky.com/story/amp/sean-diddy-combs-homes-raided-by-homeland-security-13101904

[njdlucas] 24/3/2024 18:15

Manzoni is a walking disaster. I've sold.

[billy two cocks] 19/3/2024 18:18

Clinton Baptiste.

Love your show. Priceless. Very funny.

[billy two cocks] 19/3/2024 16:41

You're welcome MCunliffe1.

Basically the idiot at AB has ostracised the beer drinkers who pay her very generous salary.

It really does beggar belief.

The worry is there are a few like this in the FTSE 100.

Interesting times indeed.

[mcunliffe1] 19/3/2024 16:15

Thanks Billy2C for the video. I'm generally in the US at least once a year and I had not heard of this issue. But then, I don't drink Bud or any of their products - more of a Yuengling lover.

The lady trying to convince us that Busch was losing market share and needed a 're-brand' has fallen down the same rabbit hole as BBC Radio 2 executives.

A better route is to retain the 'brand', allow the support to wither with age and instead, create a new brand that tastes/sounds just the same but is pitched at that desired younger audience.

In the case of the beer it could be absolutely the same taste (same product, different can) and you could charge more for it as the younger ones will pay.

Meanwhile, the older ones like the consistent price, think they know best, laugh at the youngsters but the company still gets the economies of scale by brewing exactly the same product - in bigger volume.

If the ad. campaign for the 'new' version fails you still have the original.

Who the bloody hell pays these cretins?

[clinton baptiste] 19/3/2024 15:57

And I thought this was a lovely piece of woke chutzpah:

Susan Kilsby, Diageo's senior independent director who led the appointment process, said:

"On behalf of the entire Board, I want to express our gratitude to Javier. He has led our Board with great distinction, helping us to attain new levels of commercial success and to strengthen our position as one of the most trusted and respected consumer products companies in the world. We are proud of the progress Diageo has made under his stewardship, achieving average annual total shareholder returns of 8% over the last decade, and driving diversity throughout our organisation, with over 70% of the Board and 44% of our senior leadership now comprised of women.

DGE 5yr Annual Return 0.9% vs UKX 4.9%.

[clinton baptiste] 19/3/2024 15:46

He certainly isn't your typical career Whitehall mandarin:



"A former oil executive criticised for his role in the BP refinery explosion, and whose last company was fined over 50 health and safety violations connected with fracking, has been appointed to lead the government's Major Projects Authority.

John Manzoni, who has worked in the oil industry for 30 years, will be responsible for overseeing big-budget projects including the HS2 high-speed rail line and the new nuclear programme."