Buffett...
...beer brands include Corona and Modelo Especial, which in 2023 surpassed Bud Light as the top-selling beer in the United States, while its wine portfolio include Meiomi, Robert Mondavi and Kim Crawford.
Berkshire also owns a small stake in Diageo, whose brands include Guinness beer, Johnnie Walker Scotch and Smirnoff vodka.
To go with the alcohol, Berkshire also invests in Domino’s Pizza, and boosted its stake by 86% in the quarter. |
"Diageo may be prime target for a dose of activist refreshment. The FTSE 100 drinks giant certainly ticks boxes that normally attract such investors: a well-known consumer name that is underperforming despite owning famous brands such as Guinness and Johnnie Walker. There are question marks over management and the prospect of value-creating spin-offs.
A Bloomberg report last month that Diageo would consider a sale of Guinness, the star performer in its portfolio and thought to be worth about $10 billion, was swiftly denied. Yet a sale would be one way to release significant value for a business whose share price has been languishing around a five-year low." |
8 year low for the share price ......big chart support looks to be around 1800p which would give a 4.5% yield on an unchanged dividend |
Yep, normal service resumed. |
I expect you're right the way my stock picking is going. |
yesterday's close was at the price of the intra-day low in covid. however on a standard chart it looks like that low got broken.
i am not sure i subscribe to gaps on candlesticks needing to be filled, but there was one end jan around 2400p
after persistent selling it might well bounce a bit and that gap looks like it would be around the 50d ma
looks like short term relief in a terrible looking downtrend to me. more pain to come is my position. no convincing bottom in place and the tequila tariff (and surely scotch to follow to support jim beam's losses) still to hit the sp |
Never mind, the picture will likely reverse tomorrow! |
falling knife |
Will be still cheaper. I am buying a dip but not advice anyone.. |
Low price is in bombed out £ Stirling.
A multinational company going cheap. |
In 8 trading days it's lost about 12.5% in value, RSI oversold.At the low price during the covid dip and 2017, unbelievable IMO. |
Yep, not that it's golden but PE under 12, when was the last time you saw that here? |
Stick with it guys, these opportunities don't come around that often! |
Me too @ 2128, more pain... |
Taken a small amount @ 2132p |
Sums upon market sentiment.
If everyone feel the same and there is net selling down goes the price.
Add to that the high frequency trend following algo types and we have a perfect storm.
Exact opposite to that crazy store of zero value, that limited supply of nothing.....
crypto. |
Well not far to go then! |
2100p could be on card or even 2000p.. |
Topped up with a few more today with the price so low.
Can't believe everyone has stopped boozing, a few months ago the end of big oil was signalled, but habits change but slowly.
Hoping this one time, reliable, bluest of blue chip, international stock can tap into the eye watering 8 billion population on this planet with its proven World Wide distribution system. It has recovery potential.
I will tuck them away and hope, try to forget.
Checked HSBC share dealing website today, 8 analysts have this as a strong buy. |
The dividend yield is not attractive enough & no longer a growth company. Stock price is only going to go lower. |
Looking to get back in but sellers appear every time it tries to inch up.....and that US inflation number just now has knocked most back down even more
3.75%+ yield on an unchanged dividend. |
I have held dge for nearly 40 years - never fall in love etc but I'm going to hold.
Suet |
Register to chat with like-minded investors on our interactive forums.
Hot Features
Premium
