Diageo Share Discussion Threads

[essentialinvestor] 10/11/2016 09:00

Getting cheaper but remains on a huge rating.

[alcoholtradebuyer] 08/11/2016 10:27

There we go. Nice bounce point.

[alcoholtradebuyer] 05/11/2016 14:37

Set for a bounce.

[broadwood] 17/10/2016 15:08

Jefferies International
Diageo PLC
17/10/2016
Reiterates
Buy
Buy
0
2,500.00
2,600.00
2,190.00
100
2

[broadwood] 21/9/2016 07:34

Drinks giant Diageo's 2017 fiscal year has started well, according to an update issued ahead of the annual general meeting.

Chief executive Ivan Menezes says: "s expected, the momentum we created last year, strengthening our business through improved marketing, innovation, and commercial execution, has set us up to deliver a stronger performance. Key drivers of improved top line growth are our fiscal 2017 priorities: scotch, US spirits and India.

"We have made a strong start to our productivity work and are moving at pace. As we no longer take productivity related costs as an exceptional item, in the first half these costs will impact our organic operating profit margin. In the second half productivity related costs will decline and be offset by higher savings as well as the benefits from our targeted reinvestment of those gains. This will contribute to organic margin expansion for the full year.

"Our top line momentum and progress in implementing productivity changes, gives us continued confidence in achieving our objective of mid-single digit top line growth, and over three years ending fiscal 19 delivering 100bps of organic operating margin improvement."

[arnu gutierrez] 17/9/2016 07:04

Potential Reaction on Diageo (DGE) to analysts' view on the company's stock

[broadwood] 28/7/2016 14:13

I've held Diageo for years.

Today the share price has hit an all time high.

Patience rewarded.

[bonio10000] 26/7/2016 18:24

Hubbert - there would only be a tariff with the EU.

There would be no change in the price the UK currently charges to the US.

Plus - most of the stuff is made abroad and not exported, so it is only earnings being repatriated.

Finally, I think the average WTO tariff is 4%, so not sure if 10% is accurate or not.

But, in short, I agree there is little impact, as there won;t be for most industries.

All remainer lies.

[m_k_hubbert] 06/7/2016 18:41

Given that the bulk of DGE's sales are overseas let's consider the impact of UK leaving single market without a deal. UK reverts to default WTO rules with 10% tariffs. Importer in EU would experience a 10% price hike around 2019 but given sterling's slide vs euro since referendum the cost in euros would be the same as importer paid prior to the referendum. For an importer in the US, assuming a 13% depreciation of sterling vs dollar cost would be 3% less than pre-referendum even with a 10% tariff. On this basis (and assuming increased import costs don't significantly add to DGE's costs) UK's leaving single market does not appear to add much, if anything, to costs paid by importers provided sterling does not recover.

If above scenario is somewhat correct DGE's export prospects look good with / without the single market and recent share price strength can be attributed to relative lack of exposure to the UK domestic market.

[philanderer] 30/6/2016 12:12

Nice profit and +15% in a couple of weeks. I`m out for now.

Luck to all.

[spacecake] 28/6/2016 17:35

Get ready for the 1970's all over again. In the long term - Higher inflation, higher interest rates, higher unemployment, the rise of union activism, political chaos, etc etc...

[m_k_hubbert] 28/6/2016 14:27

Added today - DGE is a good stock to hold with large %age of earnings overseas. Sterling's devaluation these past few days have hiked those earnings by 10% in sterling terms and sterling may well have further to fall. Given that the current uncertainty is likely to last months if not years sectors such as banks, housebuilders, insurance, leisure may well stay out of favour. On this basis I'm anticipating further switching into FTSE100 companies such as DGE with high overseas earnings. Have also added to RIO and ULVR (already hold sufficient RDSB).

[philanderer] 28/6/2016 13:32

Goldman Sachs upgrading DGE from 'sell' to 'neutral'..... target increased from 1600p to 1925p

Kepler retains 'hold'... tp increased from 1790p to 1980p

[mozy123] 28/6/2016 13:11

Ok - we will agree to wait and see!

Dont worry - Super Mario Draghi is going to print the EU to oblivion. Most communist blocks do!

[philanderer] 27/6/2016 17:27

Agree Mozy, good summary.

[philanderer] 27/6/2016 15:08

anley , major Recession - odds on.

[anley] 27/6/2016 14:34

and then it all goes BANG as Germany will refuse to bail out the Italian and French banks............this will happen some time in 2017 right in the middle of EU elections and GB getting out..........WHAT A MESS!

[philanderer] 27/6/2016 13:45

And that`s what it`s always been about.

Gavin Hewitt ‏@BBCGavinHewitt 1 hour ago Richmond, London

France/ Germany vow to deepen EU integration. Foreign Mins say 'we will..take further steps towards a political union in Europe.'

[philanderer] 27/6/2016 11:54

:-D

Fags and drugs up for the same reason ;-)

[emeraldzebra] 27/6/2016 11:39

these are a buy on the basis of an acute need for a very stiff drink being widespread.

[philanderer] 27/6/2016 11:15

Dull is good .

[philanderer] 27/6/2016 09:28

Soc Gen upgrades from 'sell' to 'hold'