Diageo Share Discussion Threads

[mcunliffe1] 06/1/2024 12:06

well spotted phil. I saw the report in the press this morning about this. China is retailiating against the EU's belief that China has ben 'dumping' cheap e.v. cars in the block.

[philanderer] 05/1/2024 19:38

“Diageo continued its losing streak after news last November of sales weakness in Latin America and the Caribbean. Its shares are now trading at their lowest level since November 2020. Various fund managers have been talking up the stock, saying the premiumisation trend in the drinks sector still has legs, yet there are other investors who feel let down by what they thought was a stock that never caused any drama.

“Diageo was also caught up on Friday by a sell-off for the broader drinks sector after China launched an ‘anti-dumping’ investigation into brandy from the European Union. Anti-dumping is an import duty charged in addition to normal customs duty and can be levied when a foreign company sells an item significantly below their normal price. Remy Cointreau fell 7%, taking its shares to their lowest level since May 2020, while Pernod Ricard dropped 4%.

“This represents yet another point of tension between China and the West and suggests geopolitical developments could be a key worry point for markets in 2024.”

[jubberjim] 05/1/2024 19:11

Thanks very much
Gateside and Toggle rush

Have a good weekend

[gateside] 05/1/2024 06:28

Interim Results due on 30th January

[jubberjim] 05/1/2024 06:12

We have had a trading update I think

When are we due to get the results Full Year and Half Year

Also Ex dividend dates and Payment dates

Appreciate any help

Thanks

[philanderer] 21/12/2023 00:07

MARKET REPORT: Diageo boss under fire after profits bombshell

[mikejoseph] 16/12/2023 14:27

Anyone here also invested in Distil DIS.L
Some interesting brands to google:

RedLeg Rum
Blackwoods Gin
Blavod Vodka

Currently selling in Sainsburys, Tesco and Morrisons...
Market Cap is currently only £6m; worth a look.

[


DYOR

[steve3sandal] 13/12/2023 20:21

I saw this before and I don’t doubt he topped up on the way down. However, it’s held in the Unit Trusts (forgive me for saying Unit Trusts but that’s what they were called when I knew first knew them)…and he’s also been selling DGE (and other core holdings) in those to meet redemptions.

[disc0dave46] 13/12/2023 19:00

Nick Train buys on dip:Https://www.thisismoney.co.uk/money/markets/article-12858705/Nick-Train-buys-Diageo-dip-amid-Latin-American-hangover.html

[philanderer] 13/12/2023 00:21

Diageo Receives Green Light For €200m Brewery In Kildare

[anhar] 08/12/2023 11:29

DGE doing well so far on UBS and RBC downgrading. Well done fellas, more please. What we should fear is when they start upgrading :~)

Brokers eh? What a load of boll.

[essentialinvestor] 07/12/2023 12:44

Main question now is whether there will be another guidance reduction.
Next update will clarify.

[essentialinvestor] 06/12/2023 17:39

Yes tske the point, i tske no notice of what they think, generally, as they can alter a forecast in the blink of an eye.

[redartbmud] 06/12/2023 17:36

EI

I do agree with the comment, but I am well aware that the broker notes that are issued can contain an unreasonable bias when compared to the fundamentals of the business, which may be less extreme than is suggested in the text.

red

[essentialinvestor] 06/12/2023 16:55

Tbf it was a recent warning, of which beforehand the market had expected higher pre tax and EPS, consensus currently at £1.53/54 area.

[philanderer] 06/12/2023 16:33

red, I think you're spot on :-)


'Spirits giant Diageo seeking to sell some Irish beer brands including Smithwick’s – reports'

[redartbmud] 06/12/2023 16:09

When they have driven the price down enough, it will be rated, by some miracle, as a buy!!
As they jump in for their clients.

Cynical from Crewe.

red

[philanderer] 06/12/2023 15:13

UBS cuts Diageo to 'sell' (neutral) - price target 2,650 (3,650) pence


Guinness-to-Smirnoff drinks giant Diageo remained under pressure after last month’s profit warning.

Shares fell 31.5p to 2781p on UBS’s “sell” recommendation as analysts at the Swiss bank said they favoured Anheuser-Busch InBev and London-listed bottling firm Coca-Cola Hellenic, which cheered 29p to 2255p.

[philanderer] 04/12/2023 10:58

RBC cuts Diageo price target to 2,500 (2,700) pence - 'underperform'

[essentialinvestor] 29/11/2023 17:54

FY EPS consensus continues to be cut, down to £1.53 atm.

[jubberjim] 29/11/2023 15:46

Grabbed some more down here

Xmas is coming might even be early

Cheers

[billy two cocks] 29/11/2023 15:09

Also heavily short EUR/GBP and expecting EUR to be obliterated, the Eurozone have run out of people to borrow money off.

Been building this for a good while and slightly underwater/break even at present but with positive overnight CFD funding, the inevitable can take as long as it likes.

[billy two cocks] 29/11/2023 15:07

Looks like £25 is on the cards.

To be blunt, this will have to go significantly below £25 for me to buy back my holding, sentiment is strongly south here and the whole FTSE 100 looks toppy, GBP is becoming stronger by the day.

I bought a load of these for about 17p a while ago and just added a few today.



It's oil, it's AIM but the ex Tullow crew are onboard (with decent holdings) and I'm expecting great things. Cash sitting on balance sheet. Do your own research, blatant ramp.

Good luck

BTC

[philanderer] 29/11/2023 10:03

JPMorgan cuts Diageo to 'neutral' (overweight) - price target 3,500 pence