Booker Group Share Discussion Threads

[pattayaboy] 18/7/2012 07:26

Booker sales edge up
StockMarketWire.com
Cash and carry wholesaler Booker Group said non-tobacco sales rose by 3.9% in the 12 weeks to 22nd June (3.8% on a like for like basis).

Tobacco sales fell by 1.7%. Tobacco has been adversely impacted by the phasing of duty mark up versus a year ago.

Total sales in the 12 weeks to 22nd June 2012 rose by 1.7% on the same period last year (1.7% on a like-for-like basis). After a good start, it is anticipated that Booker Group is on course to meet expectations for the year ending 29th March 2013.

The group acquired Makro UK on 4th July 2012, post the end of the first quarter.

Charles Wilson, CEO, said: "Booker Group continues to make good progress, with like-for-like non-tobacco sales up 3.8% in quarter one. Our plans to focus, drive and broaden the business remain on track. We are pleased to have the team at Makro UK as part of Booker Group. Together we look forward to improving choice, prices and service for all our catering, retailing and small business customers in the UK."





Story provided by StockMarketWire.com

[pattayaboy] 18/7/2012 07:25

Interim Management Statement
RNS
RNS Number : 8893H
Booker Group PLC
18 July 2012






For Immediate Release

18 July 2012









Booker Group plc ('Booker Group')

Annual General Meeting and Quarter One Interim Management Statement

For the 12 weeks to 22 June 2012







Booker Group is a leading UK food and drink wholesaler. Booker Group is holding its Annual General Meeting at 11am today. At the meeting, Chief Executive Charles Wilson will read out the following Interim Management Statement:



"Non tobacco sales rose by 3.9% (3.8% on a like for like basis) whilst tobacco sales fell by 1.7%. Tobacco has been adversely impacted by the phasing of duty mark up versus a year ago. Total sales in the 12 weeks to 22 June 2012 rose by 1.7% on the same period last year (1.7% on a like-for-like basis). After a good start, we anticipate that Booker Group is on course to meet expectations for the year ending 29 March 2013.



The acquisition of Makro UK completed on 4 July 2012, post the end of the first quarter."





Charles Wilson, Chief Executive, said:


"Booker Group continues to make good progress, with like-for-like non-tobacco sales up 3.8% in quarter one. Our plans to focus, drive and broaden the business remain on track. We are pleased to have the team at Makro UK as part of Booker Group. Together we look forward to improving choice, prices and service for all our catering, retailing and small business customers in the UK."





Note: Sales are stated net of value added tax

[pattayaboy] 17/7/2012 14:29

In your dreams. buy today big rise Wednesday on positive results.

[blunderbuss] 17/7/2012 13:36

Leaks before Wednesday results? (must admit I'd like to get some more of these at 75 p).

[pattayaboy] 16/7/2012 12:46

Tree shaking before Wednesday results

[wipo1] 16/7/2012 12:24

p.e ratio about 17 for a company with wafer thin margins.

[wipo1] 16/7/2012 12:13

CR on board a dead set short. I mind him ramping game group at 200p.lol

[cockneyrebel] 14/7/2012 11:13

"Booker only has a current value of around 50p per share!" - hmm, on who's valuation?

BOK have 25% compound earnings growth p.a over the past 4 years. If they are set to do 5p eps this year the PE is 18.

That's a PEG of 0.7 - very cheap if you follow Jim Slaters Zulu Principle imo.

CR

[flindy10] 14/7/2012 11:01

Rich valuation it is too. According to forecast earnings per share and earnings growth, Booker only has a current value of around 50p per share!

[philanderer] 13/7/2012 20:24

Telegraph market report..(background to that ShoreCap note)

"In the mid cap index, a change of heart by analysts at Shore Capital on food wholesaler Booker Group, which had until today put on 22pc in the past 12 months, helped knock the shares down 2.35 to 88.95p.

The analysts sounded a note of caution on the group's rich valuation and advised investors to sell the stock.

"As thrilled as we have been to chronicle the progression of the company and its share since its reversal into Blueheath and subsequent re-listing, we do believe that Booker's shareholders need to keep a watchful eye on valuations," they wrote in a note to clients.

They added that while "not seeking to talk down or disparage the achievements, nature or extent of Booker in anyway, not least because we have been strong supporters of the company and its management, we now take the decision to advise investors to 'bank' their gain and move on."

[mozart999uk] 13/7/2012 16:58

yes Lol indeed :-)

[wipo1] 13/7/2012 12:47

This stock looks very expensive, probably best to take profits guys

[pattayaboy] 13/7/2012 10:52

Looking at that broker he would be more suited to guessing the price of bacon.

[chickcrumbs] 13/7/2012 10:39

Suppose it all rests on time scales many of these brokers have quite short time horizons.

I'm hopeless at timing the market so I only sell if my holding gets too big a percentage of my portfolio or if the long term growth or dividend looks to have changed to the downside. Not the most refined strategy but it generally works for me. I bought in the low 40's and again around 56p so for me the dividend yield is a good enough reason to hold.

[mozart999uk] 13/7/2012 10:33

I'm glad someone else thinks so :-)

[mozart999uk] 13/7/2012 10:17

Found this on him if anyone is interested:

[pattayaboy] 13/7/2012 10:08

I agree but they can effect the SP, for the life of me i can not see how this broker, i have never heard of has pushed the share price down this much today. Maybe we will have a more clear picture this afternoon.

[mozart999uk] 13/7/2012 10:04

Like brokers know anything ;-)

[pattayaboy] 13/7/2012 09:41

Never heard of Shore Capital

[cockneyrebel] 13/7/2012 09:40

Yep,

Booker Group PLC BOK Shore Capital Sell 88.18 91.30 - - Downgrades

Target 88.18p from 91.3p

Done just ahead of the traduing update - mnight be the update won't be as good as hoped, might be scammy brokers trying to talk it down ahead of that - who knows.

CR