Diageo Share Discussion Threads

[disc0dave46] 08/5/2024 09:09

Hope all is well chap.

[mcunliffe1] 08/5/2024 09:05

And by ladies dave.

[disc0dave46] 08/5/2024 08:57

Interesting comment from Tim Martin in JDW's results today:"The gods of fashion have smiled upon Guinness, previously consumed by blokes my age, but now widely adopted by younger generations"

[action] 05/5/2024 10:26

Risk reward ratio in buyer's favour

[philanderer] 03/5/2024 08:13

The Times, Tempus column, Diageo HOLD

[suetballs] 03/5/2024 08:01

Will the new FD help to get this moving again.
Looking very soggy to me.
suet

[redartbmud] 01/5/2024 17:41

phil

A bit of room for a share price re-rate there!
I took an extreme view and more than doubled my holding in Dge not so long ago. Since then the share price has been somewhat volatile. It currently sits 15p/share below the cost of the last buy. It has also been close to £1/share above.

Overweight is one thing, but a 30%+ hike is a bit of a stretch in current markets.
I would be more than happy should it occur, but I very much doubt that I can hold my breath that long.

red

[philanderer] 01/5/2024 17:11

In a few years time maybe..


Barclays raises Diageo price target to 3,640 (3,550) pence - 'overweight

[jubberjim] 29/4/2024 07:07

Guinness zero

Getting some good feedback

Not enough to entice me back from BAT greedy dividend chaser that I am but looking interesting

[wsm812] 26/4/2024 09:41

"It is very concerning for the future of the FT 100 if it can’t reward its global stocks."

Whose words are these?

How exactly can the FTSE reward it's global stocks? It is us holders who determine whether the share price represents a valuable buy or not - the same holders who rewarded Schwimmers's pay increase to £13m! He will have to work to achieve this massive pay increase, as it is based on results.

The company is not doing well enough to be rated any higher at the moment. They have failed to stem losses in key markets, failed to catch the new Gen Z market and need to radically adapt to survive.

Time for a take over of some sort - either of Diageo or of another leading brand.

[mcunliffe1] 26/4/2024 09:20

Good info. there 888ICB - thankyou.

Take the point about LSE. Pity is, shareholders didn't and doubled David Schwimmer's salary to a staggering £13m

[888icb] 25/4/2024 19:20

The Times today:
“ London's big firms
'could double valuations with New York switch'
Analysis by AJ Bell suggests that Shell, Diageo and British American Tobacco would see their market capitalisations jump
Emma Powell
Thursday April 25 2024, 12.01am, The Times
Some of London's largest listed companies could see their valuations as much as double by moving to New York, according to a new analysis, underscoring the appeal for companies considering switching their listings away from the UK.
Shell, Diage and British American Tobacco could see their market capitalisations jump if their shares were priced based on the same earnings multiples as their New York-listed peers, AJ Bell, the funds platform, has found.
…. For Diageo, the drinks group behind brands including Guinness and Johnnie Walker, the upside could be around a quarter, from £63.5 billion to £84.6 billion”
I imagine with USA being such a major market for Diageo it will become an increasingly tempting option. LSE is not giving Diageo the share price it deserves despite the FT reaching all time highs. It is very concerning for the future of the FT 100 if it can’t reward its global stocks.

[jubberjim] 25/4/2024 16:47

was very tempted but the nicotine urge proved stronger than the thirst

Added a few more BATS but watching and will look to start here if we head towards 2650 level as my buy level

Has the buyback finished for time being ?

Reading a few comments that this is the case but I have been wrong before.

[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