Diageo Share Discussion Threads

[tim 3] 13/2/2012 10:53

Exactly and shares like that are in short supply hence the popularity,am holding for the time being as although I think it may dip if the ftse does, long term I like it and happy to keep pocketing the dividend.

[sir rational] 13/2/2012 00:21

You're joking. One of the safest investments, look at the international spread of business, the light regulatory touch, the high margins, the dominance of the sector in terms of no 1s & 2s brands.

[tim 3] 09/2/2012 09:36

Well market does not seem over concerned and nice increase in divi,happy with that.

[wad collector] 09/2/2012 08:43

Diageo Cautious On Outlook As Profit Rises


Diageo PLC (DEO) Thursday warned the outlook remains cautious even as the U.K.-based global drinks giant reported a rise in earnings, driven by volume gains in emerging markets.

"We are cautious as to the consumer and economic trends we will face in 2012, but these first-half results have positioned us well," Chief Executive Paul Walsh said in a statement.

The maker of Johnnie Walker scotch, Guinness stout and Smirnoff vodka said operating profit before exceptional items, the figure closely watched by analysts, in the six months to end-December rose to GBP1.87 billion from GBP1.73 billion, missing a company-produced market consensus of GBP1.89 billion.

Sales increased 8% to GBP5.76 billion from GBP5.32 billion, but net profit fell 20% to GBP953 million from GBP1.19 billion.

Diageo's growth has been driven by its operations in booming economies in Africa, Asia Pacific and Latin America, where it continues to ramp up its marketing spend. It expects those regions to contribute half of its global sales in the next three to five years as thirst for scotch, rum and other premium spirits increases.

Organic sales growth, which strips out the effects of acquisitions, disposals and currency movements, was 7% compared with 4% in the same period last year and a 9% rise in the first quarter as organic first-half volume rose 3%.

The company's top line has benefited as consumers opt for higher-priced products and selective price increases have also boosted performance as the company moves away from discounting on its products.

Still, it faces weakness in mature economies where the spending power of consumers is being squeezed by higher taxes, inflation pressure and unemployment.

Diageo is targeting a medium-term outlook for average organic top-line growth of 6%, organic operating margin improvement, with the first 200 basis points achieved in the next three years, and double-digit earnings per share growth.

It recommended an interim dividend of 16.6 pence a share, up 7% from 15.5 pence a year earlier.

Diageo shares closed Wednesday at 1462 pence, valuing the company at GBP36.6 billion, up 3.9% in the year to date.

[tim 3] 08/2/2012 15:09

Although I think dge will continue to do well I also think that the ftse may have limited upside over 6000 in the short/medium term and there is increasing risk to the downside which will probably pull dge down too so taking a bit of profit may not be a bad thing but I am still holding,not decided yet,I still think longer term they are sound.

[wad collector] 08/2/2012 11:29

My final limit sell triggered at 1481. It has been a good run ; can't go on for ever...

[tim 3] 03/2/2012 19:52

And there's your answer smashing through the highs.

[tim 3] 01/2/2012 14:35

Looking strong again be interesting to see if it can make new highs here

[intouch] 12/1/2012 14:16

Broker Roundup Part 1 including British Sky Broadcasting, WPP, HSBC, Diageo and Ocado
1:52 pm

[wad collector] 03/1/2012 16:58

I sold and am regretting now.
However , I fear another market "correction".

[tim 3] 31/12/2011 01:22

I still see dge outperforming in 2012,take the view that a share that consistently outperforms does so for a reason ie because people believe in it and its in demand,can't see anything to change that view with dge.

My second best performer last year and am in no rush to sell.

If I sell anything will be the underperformers.

[jbtrend2] 30/12/2011 22:36

The Mail's City reporters reveal their market tips for the coming year
DAILY MAIL
10:02 PM 30th December 2011

[l2user] 30/12/2011 11:43

3 Shares To Watch Next Year
BY
Charly Travers
Published in Investing on 30 December 2011

[philo124] 22/12/2011 18:15

I agree fwiw.

[losos] 22/12/2011 12:53

wad collector - "Finally out now at 1377.Sell and regret?" Well everyone is predicting a recession in Europe in Q1/Q2 so I can't see DGE making much headway, in fact they may well fall back which would suit me, historic yield is below my target so not interested right now.

[grahamite2] 20/12/2011 14:11

Well resurrected, wad collector.

[wad collector] 12/12/2011 14:26

Finally out now at 1377.Sell and regret?