A lot can change in coming months after worldly festive seasons |
BTCThey've clearly stated that they aim to increase dividends every year. Plus it's more than covered by earnings so doubt very much that there will be a cut.As for your "placing" comment and "pump and dump", hilarious IMO. This isn't an AIM stock. Their free cash flow increased 18% to $2.6bn, they are within their debt ratio target and will be reducing. You mentioned buybacks which I do tend to agree that BB's shouldn't be funded by debt but show me a FTSE100 company that isn't doing exactly the same to keep the US investors happy. Plus they've reduced the BB by over $700m and if as you imply they need additional funds (unbelievable thinking IMO) then they scale back / cease their BB programme (2024 $987m). Plus they can easily issue another bond. |
"but I doubt there will be a divi cut".
Tell me anhar, what colour is the sky in your world? |
"Stephanie_M 13 Dec '24 - 13:19 - 2660 of 2665
Corporate Activity!
Diageo hardly fall into the category of a Pump 'n Dump" share."
Ah corporate activity, like buying shares back by the truckload at over £40 using borrowed money?
Your naivety is astonishing. Be very careful here because the DGE that we all used to buy and put away for ever is no more.
I reckon a dividend cut and possible a placing could be likely.
My opinion.
Thanks
BTC |
Pump (excuse the pun) last week and now it's the dump. |
Bad management decisions.
I read recently (and posted about it) that a device that first takes your image and then 'prints' it on the top of your Guinness pint is ONLY installed at the brewery outlet in Dublin.
THAT is the kind of gizmo that Americans just love. Roll one out in a selected bar in any major east coast city and it will be a big, big draw. (pun intended).
But, they aren't.
Was a day when Guinness adverts were feted for their effect. |
Shortage of Guinness? Ffs, how have they allowed that to happen? |
Today DGE broke thru its 200DMA the 1st time since Apr 2023 |
Corporate Activity!
Diageo hardly fall into the category of a Pump 'n Dump" share |
Beware the pump and dump. |
Had one of those about six weeks ago when out with friends. Guinness Zero served that way - I was quite impressed with the outcome. |
A device that transforms Guinness cans into pub-worthy pints is discounted on Amazon. Originally £30, the Guinness Nitrosurge is now £25.
Elsewhere, the device costs £25 from Waitrose, and £30 from Morrisons and Tesco. The device is designed to pull the perfect pint from a Guinness can.
The Nitrosurge uses ultrasonic technology to pull a smooth pint. It's waterproof for easy cleaning, and works in three steps: attach it to the can, press the button, and pour your drink in two parts like they would in a pub.
The Guinness Nitrosurge only works with the specially designed Nitrosurge cans. A four-pack on Amazon is £7.50, and they cost the same at Waitrose.
msn.com |
Very nice to see too after adding/building the position over the summer/autumn 2024 during the share price weakness with lows of 2300 in July/November.. :o) |
A welcome share price rise today - keep it coming.
Suet |
UBS Upgrades Diageo PLC. (DGE:LN) (DEO) to Buy
December 11, 2024 11:44 AM EST
UBS analyst Sanjeet Aujla upgraded Diageo PLC. (DGE:LN) (NYSE: DEO) from Sell to Buy with a price target of GBP29.20 |
Deutsch bank have been downgrading Diageo for over 15 years. This has occurred whilst the shares were rising exponentially during that period. They seem to have some issues with this stock that would appear totally unfounded and off track. I wonder has anyone else noticed this. |
Good post anhar - we don't need any more concerns.
I see that aht is moving its primary listing to the the US. Not great for the ftse but others are sure to follow. Not suggesting that dge would follow suit but 40% of sales are in North America and we also report in US$.
Suet |
A very misleading conclusion from one isolated pensioner case.
In fact the DGE pension funds showed a surplus of $717m at the last annual accounts of 30 June 2024.
This can change due to three main factors: the value of the funds' investments; interest rates; the actuarial estimate of the funds' future liability to pensioners; all of which fluctuate quite a bit over time.
For example when interest rates were ultra low, a lot of funds went into deficit.
Note that a fund surplus or deficit is not an immediate asset or liability, but just a snapshot at that point of an extremely long term view of its position which will inevitably vary, sometimes substantially, year on year. |
We all wish your lively 93 year old chum who you probably met at a disco all the best.
But maybe that particular liability will soon end.
This is quite a big issue with some pension funds. BT is one of them.
Hundreds of thousands of them seem to have been drawing over generous pensions for decades.
But it must be coming to an end, we do not live forever.
Latter day pensions are less generous. |
I was on holiday last week and met an interesting chap called Shaun. He was on a six figure gold plated pension from his spell at Guinness. 93 years old. Said his pension was paying three times what his son who was a GP was on. He said he was the Chairman of Guinness for a while. Made me wonder what Diageos pension liabilities look like. They must be on the hook for literally bucket loads of six figure pensions given the countless numbers of brands they've taken out over the past half century. |
Actually their results were out - pretty decent |
Brown forman rocketing in states - maybe tariffs not imposed on spirits? |
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