Diageo Share Discussion Threads

[mcunliffe1] 15/4/2024 07:31

jubberjim, morning.

Is there any more room on those many fences upon which you sit? :-)

Perhaps you have the correct stragegies in this strange market and sit back to watch. I rather wish I'd done that back in August 2023 when I bought DGE at £32.32.

[jubberjim] 15/4/2024 06:38

Might be an interesting few days in light of weekends events.

Anyone got any ideas how low this might go or as it is considered a safety share how high

Still a long time until next dividend so will await at my leisure, and leave the appropriate buy and sell orders.

Be good above all be careful and keep liquidity (very poor pun)

[deanowls] 12/4/2024 08:35

I don’t think you can even begin to compare. I reckon DGE sell more at twickenham a year.

[jubberjim] 12/4/2024 06:28

DIS (Distil)

Has been mentioned a few times I think in previous posts different scale but same line of business (I think ?)


So their results yesterday did not look to promising.

So in light of which will keep on my watch list but not inclined to invest right now hence BATS bought into yesterday

Different scale as I said but is a worrying signal to this investor.

Good luck all

[pete160] 30/3/2024 22:34

I've been on zero for months and must admit I can't tell the difference in taste between the cans of normal and zero.I agree it seems quite rare to find zero served in pubs and restaurants, and even at a big Sainsbury's, their stock seem to go from feast to famine quite regularly.

[alphorn] 30/3/2024 17:34

Perhaps mixing a zero + a normal 50/50 would be even better?? Always good with bitter with half the alcohol.

[mcunliffe1] 30/3/2024 17:17

Finally found a Guinness Zero.
Excellent.
I would drink three of these if out with friends and was the driver - and feel as though I was drinking real stout but without the kick.

DGE should be pushing these strongly.

Was a tad expensive though at £5.15 in a Chef & Brewer pub/restaurant.

[anhar] 28/3/2024 09:19

Sterling value of 40.50¢ final divi announced: 32.05p pd 17 Apr (went xd on 29 Feb)

[suetballs] 26/3/2024 12:33

Just has 2 cans of Guinness Zero after golf. Not bad.
Suet

[mcunliffe1] 26/3/2024 09:01

I've been in several restaurants and bars over the past couple of months and asked each one if they serve Guinness Zero. None do.

Had a Birra Moretti alc free last week and it was quite acceptable.

I mention this as clearly Diageo have a sales issues if I can't buy their Guinness Zero anywhere.

[acsatix] 26/3/2024 05:12

I hope they did not settle for big bucks with this guy

hxxps://news.sky.com/story/amp/sean-diddy-combs-homes-raided-by-homeland-security-13101904

[njdlucas] 24/3/2024 18:15

Manzoni is a walking disaster. I've sold.

[billy two cocks] 19/3/2024 18:18

Clinton Baptiste.

Love your show. Priceless. Very funny.

[billy two cocks] 19/3/2024 16:41

You're welcome MCunliffe1.

Basically the idiot at AB has ostracised the beer drinkers who pay her very generous salary.

It really does beggar belief.

The worry is there are a few like this in the FTSE 100.

Interesting times indeed.

[mcunliffe1] 19/3/2024 16:15

Thanks Billy2C for the video. I'm generally in the US at least once a year and I had not heard of this issue. But then, I don't drink Bud or any of their products - more of a Yuengling lover.

The lady trying to convince us that Busch was losing market share and needed a 're-brand' has fallen down the same rabbit hole as BBC Radio 2 executives.

A better route is to retain the 'brand', allow the support to wither with age and instead, create a new brand that tastes/sounds just the same but is pitched at that desired younger audience.

In the case of the beer it could be absolutely the same taste (same product, different can) and you could charge more for it as the younger ones will pay.

Meanwhile, the older ones like the consistent price, think they know best, laugh at the youngsters but the company still gets the economies of scale by brewing exactly the same product - in bigger volume.

If the ad. campaign for the 'new' version fails you still have the original.

Who the bloody hell pays these cretins?

[clinton baptiste] 19/3/2024 15:57

And I thought this was a lovely piece of woke chutzpah:

Susan Kilsby, Diageo's senior independent director who led the appointment process, said:

"On behalf of the entire Board, I want to express our gratitude to Javier. He has led our Board with great distinction, helping us to attain new levels of commercial success and to strengthen our position as one of the most trusted and respected consumer products companies in the world. We are proud of the progress Diageo has made under his stewardship, achieving average annual total shareholder returns of 8% over the last decade, and driving diversity throughout our organisation, with over 70% of the Board and 44% of our senior leadership now comprised of women.

DGE 5yr Annual Return 0.9% vs UKX 4.9%.

[clinton baptiste] 19/3/2024 15:46

He certainly isn't your typical career Whitehall mandarin:



"A former oil executive criticised for his role in the BP refinery explosion, and whose last company was fined over 50 health and safety violations connected with fracking, has been appointed to lead the government's Major Projects Authority.

John Manzoni, who has worked in the oil industry for 30 years, will be responsible for overseeing big-budget projects including the HS2 high-speed rail line and the new nuclear programme."

[888icb] 19/3/2024 15:30

As a Sir Humphrey he will have spent most of his life in his club drinking Diageo products, so he may be well qualified!

[billy two cocks] 19/3/2024 15:19

Found this earlier regarding the AB Bud Lite debacle.

I found the footage from about 3:02 particularly interesting, the marketing person basically still thought that she is right despite her action wiping billions off the market cap. When will these people learn?

I've made a point of avoiding investing in firms if in any doubt about the management.

I'm not saying that DGE is a short but I am saying that it has lost it's fizz and the share price is responding accordingly. I was keen to buy back at around £25, I'm thinking more in the late teens now. We shall see.

Worth a watch.......

[mcunliffe1] 19/3/2024 14:26

Probably because Top Civil Servants are very good at wasting other people's money. Shouldn't be allowed near a Boardroom.

[billy two cocks] 19/3/2024 10:49

John Lewis hired a civil servant. Complete disaster costing 100s of millions of pounds.

[clinton baptiste] 19/3/2024 09:25

I have to agree. More of the same from the current board is not what I was looking for.
According to Sharepad's figures, John Alexander Manzoni owns 2,970 shares in Diageo.

[pugugly] 19/3/2024 09:09

Do we want an ex Civil Servant as Chair? Initial market markdown not encouraging.

"Diageo hires former UK Civil Service boss Sir John Manzoni as chair
Diageo has named former head of the UK Civil Servive Sir John Manzoni as its next chair, replacing Javier Ferran who is retiring in February 2025.

The world's top spirits maker reportedly began the search for a new chair earlier this year, while it grappled with the aftermath of a November profit warning that dented its confidence with some investors.

Manzoni joined the Diageo board in 2020, after leading the UK Civil Service as chief executive from 2014.

He is currently chair of energy business SSE plc and previously spent 11 years as a non-executive director of African beer brewer SABMiller, which was taken over by Anheuser-Busch InBev in 2016."

[philanderer] 14/3/2024 10:41

Kepler Cheuvreux raises Diageo to 'buy' (hold) - price target 3,500 (3,050) pence