Diageo Share Discussion Threads

[wirralowl] 31/7/2015 09:35

Hi EI. Yesterday was a busy day for results generally, but I take your point! I've come to realize its not always a bad sign to have a quiet board, though.

For me this is a long-term SIPP holding, with a great CAGR for dividends, once again evident yesterday, with a 9% increase. Results were a bit of a mixed bag, with underlying eps falling, but free cashflow excellent, supporting that dividend increase and with a positive outlook given.

Perhaps the reason there's very little comment here, is the fact that for most this is a sleep-easy 'buy and forget' share? It really only ever piques my interest when it goes sub £18, when I tend to start looking for a top-up (next week would be nice! :-)).

What's your take?

[essentialinvestor] 31/7/2015 09:06

Not one comment on results for DGE?, that shows how much this appears to
have fallen out of favour with many PI's imv.

[essentialinvestor] 24/7/2015 07:11

Will be interesting to see how last night's breaking news story develops.

[m_k_hubbert] 13/7/2015 18:10

Maybe as a DGE holder I'm missing something but I'm struggling to see the link between and oil explorer and DGE (#509). Surely it belongs on the IRG board?

[wirralowl] 10/7/2015 11:34

I doubt anyone who looks at this thread will have the slightest interest in a tinpot oil explorer.

[apfindley] 08/7/2015 16:16

Independent Resources IRGIRG farmout news coming soonMarket cap £1.1mill108mmbblsLight oil discoveredDrilling again soonMoving just 35mmbbls in "reserves" category will give £350millOr 150p a IRG share.Go do research IRG massively undervalued

[doodlebug4] 02/7/2015 12:23

£150 million or £200 million? Ennismore seem to have bought Gleneagles at a bargain price!

[doodlebug4] 02/7/2015 11:49

Drinks giant Diageo has sold the famous Gleneagles Hotel and golf resort in Scotland for an estimated £150 million.

The hotel has been acquired by private investment company Ennismore which owns the Hoxton chain of boutique hotels.

Gleneagles hosted the Ryder Cup last September and a G8 summit 10 years ago.

The hotel was opened in 1924 and has been wholly owned by Diageo since 1984.

The business generated revenues of £43.5 million and an operating profit of £2.6 million in the year to June 2014.

Diageo chief executive, Ivan Menezes, said: "Diageo is proud to have been the owner of Gleneagles but the hotel is not a core business for us and therefore following the success of the Ryder Cup we feel this is an appropriate time to realise value through this transaction.

“We wish Ennismore and all the staff at the hotel a successful future."

The new owner said it would retain the existing staff and make a "significant" investment in "one of the world's most prestigious and recognisable venues".

[redartbmud] 08/6/2015 08:31

Company calls the story 'Rumour and spaculation'
Somebody has made a bomb out of this already. Doubt it will be investigated.

[broadwood] 08/6/2015 08:19

JP Morgan Cazenove Diageo PLC 08/06/2015
Upgrades
Underweight Neutral
1
1,700.00 1,900.00 1,760.50
200

0

[redartbmud] 08/6/2015 08:16

Premium to £44bn is a lot of loose change!

[broadwood] 08/6/2015 08:14

I suspect that if a bid materialises, it would flush out more suitors - in view of its iconic brands.

[broadwood] 08/6/2015 08:08

3G Capital may have to offer excessive premium to land the spoils!

[leedskier] 08/6/2015 08:02

It is still in auction.

[sirhedgealot] 08/6/2015 08:02

Can't buy iii.

[redartbmud] 08/6/2015 08:01

Can't buy at present.

[leedskier] 08/6/2015 08:01

Date Broker New target Recomm.
8 Jun JP Morgan... 1,900.00 Neutral

[redartbmud] 08/6/2015 07:49

Too late to dip a toe in the water then.

[broadwood] 08/6/2015 06:54

We should fly today on the rumoured bid. Up over 7% across the pond.

[equalibrium] 22/4/2015 08:47

Brewdog has today announced a new share issue to everyone in Europe

to view the share offer and find out more there is a link on the ADVFN thread below.

[philanderer] 26/3/2015 09:48

On the watchlist now.

JP Morgan.... 'underweight' tp 1700p