Diageo Share Discussion Threads

[tim 3] 01/10/2012 13:32

Testing 1770 now make or break time.

[tim 3] 01/10/2012 11:04

Having another go at 1760/1770 area if it gets through could be plenty more upside imo,not through yet though.

[tenapen] 28/9/2012 18:28

Again the share price hits 1760 and falls.

[tenapen] 27/9/2012 06:45

Thanks MIATA.

[philo124] 26/9/2012 19:43

I am still waiting for it to touch the pink line. I was a pratt to sell this,
it was in my SIPP and should have stayed there. Chinese bought in sub £10
and that's when i should have got in and stayed save wasteing hours on here each
day. C'est la vie! Talking of which i was in Carcasson at the weekend, what a blow out!

[miata] 26/9/2012 19:39

Usually referred to as a triple top.

Need a break below 1670ish to confirm support break and bearish target of 1570ish.

[tenapen] 26/9/2012 18:38

Is there any chartists out there ?

DGE as hit 1760 three times now and each time it could not break through. I have heard many times about 'double tops' but would that be the same bearish pattern with a 'treble top' ?.

I do not hold but would like to build a holding.

Regards.

[deanforester] 24/8/2012 16:34

Trying to reset new post flag.

[broadwood] 23/8/2012 07:52

Yep, very strong results should see share price continue to move North.

[stephanie_m] 23/8/2012 07:49

Brilliant Results & brilliantly managed company.

s

[broadwood] 07/8/2012 13:33

LONDON (SHARECAST) - Investec has hiked its target price for Diageo from 1,700p to 1,900p ahead of its preliminary results later this month, saying that the wine, spirits and beers group is set to deliver on year one of its three-year plan.

"Diageo were well on track to meet their new guidance targets as at Q3 and look set to announce a solid first year downpayment on their three year plan on August 23rd. We expect the promised 6% organic sales growth and c80 basis points of operating margin expansion," Investec said in a research note.

The broker has adjusted its numbers for the recent acquisition of Ypioca in Brazil and nudges up its sales forecasts at constant currency to reflect a "decent" third quarter. More adverse FX movements reduce full-year earnings per share estimates by 1%.

However, while the broker has maintained its 'buy' recommendation for the stock, Investec said that its buying conviction is lower than it was in January:

"The shares are up by nearly 50% since new guidance was announced last August. Diageo has been a big beneficiary from the 'defensive rally' since June and the shares are at a three-year valuation peak relative to the market."

[philo124] 02/8/2012 09:09

Rue the day i sold these last year mid 1330's.Price Defies gravity.

[broadwood] 02/8/2012 08:59

Gateside, Tim - Loved by the institutions, particularly the pension funds, but not by PI's.

I agree with your comments as to why.

Just look at that chart.

[tim 3] 01/8/2012 14:33

Just goes from strength to strength shame I did not buy more instead of some of the other dogs in the portfolio!

I actually find it quite telling that dispite its performance compared with many other ftse shares there are very few posts about it on advfn.

[tim 3] 14/6/2012 09:51

broadwood

Its my best performer in my long term portfolio and no plans of selling anytime soon,problem with advfn is many fall in to the classic trap of buying falling shares just because they look cheap and selling rising ones as soon as they see a profit I see it all the time on the boards.

As Livermore would say a share is never so high it can't go higher or low it can't go lower.

[gateside] 14/6/2012 08:24

broadwood... I think the bulletin boards on ADVFN are mostly filled with gamblers and thrill seekers and quality companies such as Diageo are just not on their radar.

Their loss our gain.

[broadwood] 14/6/2012 07:23

This'll do very nicely.

Nomura Diageo PLC 14/06/12 06:28 Upgrades Neutral Buy 2 1,500.00 1,840.00 340

[broadwood] 13/6/2012 08:12

Complete mystery. Diageo is one of the most reliable stocks on the market. Its within touching distance of its all time highs but judging by this thread, nobody owns it.

Makes you wonder what P.I's really want.

[lucky_punter] 22/5/2012 11:02

Heavyweight broker Deutsche Bank expects the UK market's make up and emphasis on oil and gas, mining and pharmaceuticals to give comfort as Europe's "unfortunate series of events" continue.
Along that theme, the German broker has picked "six of the best" UK companies, which it says can perform in both good and bad times.

[northernlass] 13/5/2012 10:47

Bullish On China White Spirit

Diageo boss bullish on China white spirit deal

Drinks giant Diageo is finalising a deal to buy the Chinese baijiu brand Shui Jing Fang, as it seeks to expand its footprint in China.

It's reported that Diageo has offered $950m (£600m) for the company, which it would use to develop the market for Chinese white spirits elsewhere in the world.

Meanwhile Chief executive Paul Walsh remains bullish about Chinese and Asian growth prospects, telling the BBC that emerging markets could soon provide more than half of Diageo's revenues

Watch BBC interview here:

[sven2006] 09/5/2012 15:32

Think the thread title needs changing - Diageo, global liar. Brewdog

[broadwood] 02/5/2012 08:54

Results tomorrow.

A sleep at night stock.