Diageo Share Discussion Threads

[billy two cocks] 18/1/2024 13:18

One mediocre update and this will be in the teens.

Asleep at the wheel and the competition is chewing away at them.

[benny shares] 18/1/2024 10:50

It's tempting, but how low will it go?It's a sobering thought

[jubberjim] 18/1/2024 10:44

Dge seems to be suffering alongside other 'luxury brands' so called

Don t know what is happening or why but looks like bottom isn t in yet how much lower?

Your guess is as good as mine !

Good luck 'bottoms up'

[mozy123] 17/1/2024 00:00

And who ever tied up DGE with such a pr*ck needs firing.

[laurence llewelyn binliner] 16/1/2024 18:45

#Philanderer, P-Didley walks away with squat... :o) after failing to put up his half of the joint investment, why did he ever bother to go legal, poorly advised or knows everything and chose to ignore it perhaps..

[philanderer] 16/1/2024 17:39

That's one uncertainty out of the way..

RNS:

Diageo announces settlement of disputes with Sean Combs and sole ownership of DeLeón tequila

[mcunliffe1] 16/1/2024 15:42

I tend to agree with Billy. Woke.

I came across a mad articel yesterday. Waste plant material will be baked at very high temperatures to create a carbon dust. This will then be buried in old cola mines. Equally, this carbon can be liquidised and then pumped down old oil wells.

I suspect this will cause a market to be created in 'waste plant material' for sale to the carbonisation company who will be funded by the carbon credits that will be bought by the .......producer's of the plant material.


Whenever you get governments tinkering with subsidies or the general market prices of products/services you get wasteful distortions.

I presume the energy required to dry the material in a kiln in the first place comes entirely from green sources. Not like Drax's wood pellets.

[philanderer] 16/1/2024 13:51

Diageo announces funding to accelerate the decarbonisation of the glass industry in North America and India

[billy two cocks] 16/1/2024 12:10

Looks like my £25 prediction is going to be correct.

[philanderer] 16/1/2024 10:53

Deutsche Bank cuts Diageo price target to 2,450 (2,470) pence - 'sell'

[jubberjim] 12/1/2024 15:38

Sold out again

Something not right

Iffy market

Will be sideline sammy until things clear up.

Good luck in trying to make sense of it

[jubberjim] 12/1/2024 14:04

added some more just below 2770

Don t know what is going on

Markets need a stiff drink to calm their nerves

[essentialinvestor] 12/1/2024 14:00

WTB is not a drinks company, so with respect any comparison with DGE is misplaced.

Premier Inn drives WTB, all be in they still own pubs and restaurants, which they are very slowly (atm) selling off.

[philanderer] 12/1/2024 13:56

DGE the dog of my portfolio today. Tempted to add a few here.

[togglebrush] 11/1/2024 11:10

Whitbread results and growth today show strength in the middle market which is more top shelf (Diagoes brands home turf) whilst Wetherspoons troubles which is more in the volume Beer market, where Guinness brands may consider themselves premium brands. IMHO a plus for DGE

[philanderer] 11/1/2024 10:57

Bank of America cuts Diageo to 'neutral' (buy)

[billy two cocks] 11/1/2024 08:16

"Chairman purchase

297 @ £27.90 = £8286.30p"

A few day's salary.

[tuftymatt] 11/1/2024 08:12

Always a good sign in my opinion.

Some may argue it's not a huge amount but why buy if they are not confident it's undervalued.

Good luck all 👍🏻

[philanderer] 11/1/2024 00:36

Chairman purchase

297 @ £27.90 = £8286.30p

[sumday] 09/1/2024 16:08

A life long Guinness drinker bar a few years in infancy 😀. The 0.0 is excellent. Great to be able to drive to a pub, have a few pints and drive home. OK in a perfect world it would be nice to have the real thing but an excellent substitute.

[richie1218] 09/1/2024 13:28

I've just ordered a crate of Guinness 00 from a very well known online retailer and I happened to notice that this retailer had sold 3k+ of these items over the last month.

I'm trying to cut down on my alcohol consumption through January and I first tried the Guinness 00 in our local pub who are serving it via pint cans, I find it very close to the Guinness alcohol drink in look and taste well done Diageo in producing such a brilliant alcohol free alternative.

Guinness info
"Over 10 million glasses of Guinness stout are enjoyed every single day around the world, and 1,883,200,000 pints are sold every year"

[philanderer] 09/1/2024 11:30

Bernstein raises Diageo price target to 3,580 (3,465) pence - 'outperform'

[philanderer] 08/1/2024 13:37

Diageo opportunity is long term, says Evenlode


Drinks giant Diageo (DGE) is facing a number of short-term challenges but the trend for premiumisation and expansion in growth areas like India provide long-term opportunities, says Evenlode manager Chris Elliott.

Elliott holds the Citywire Elite Companies plus-rated stock in his Evenlode Global Equity fund, where it makes up 4% of the £328m portfolio.

Diageo did not have an easy 2023, culminating in a profit warning just days before its capital markets day in the City in early November.

Elliott said the challenges were ‘most pronounced in Latin America, where the company anticipates a 20% revenue decline for the first half of the financial year.’

‘This downturn is attributed, in part, to distributors stockpiling inventory in anticipation of Diageo’s price hikes, which were a response to rising inflation,’ he said.

‘The situation was exacerbated by an economic slowdown, limited visibility on actual product sales, and a normalisation from the peak sales observed post-Covid. Consequently, a significant inventory build-up at the distributor level has occurred which is expected to take time to resolve.’

The problems faced by the owner of brands such as Guinness and Johnnie Walker ‘highlight the complexities involved in implementing inflationary price increases on long-lived products.’

However, Elliott said despite the short-term challenges, ‘the long-term outlook… remains promising’.

‘The ongoing trend of premiumisation and expanding access to spirits in high-growth markets, such as India, continues to underpin the growth potential,’ he said.

The shares fell 1.9% to £27.55 on Friday. They are down 24% over 12 months.


citywire.com