Diageo Share Discussion Threads

[sharetalk] 11/1/2022 11:57

If you like Diagio then look at Revolution Bars Group who's Yr 2022 revenues could be 5x Yr 2021 revenues, and make it a 10x bagger from a low base:From RBG's Preliminary Annual Results for the Year to 3/7/2021 (released 16/11/2021):"After the first 14 weeks of FY22 we had already exceeded the total revenue generated in FY21", the latter being £39.4m.So projecting that forward, this implies that after 52 weeks of FY22 (Jul 2021 to Jun 2022) total FY22 revenues could be:52/14 x £39.4m = £146.3mHowever, they then go on to say:"At the time of writing [16/11/2021] total revenue is currently 137% of FY21", i.e. 1.37 x £39.4m = £53.97mSo applying that further upward adjustment for the first 14 weeks of FY22, the projected FY22 revenues figure could be another 37% higher:52/14 x £53.97m = £200.4mor £146.3m + 37% = £200.4mor more if they had good Christmas trading and/or open some more venues.

[growthpotential] 10/1/2022 00:04

What's with the latest sell off(?)

[philanderer] 07/1/2022 16:27

FWIW , updated brokers...


6th jan Bernstein market perform tp 3780p
9th dec RBC underperform tp 3100p
1st dec Soc Gen buy tp 4500p
30th nov JP Morgan neutral tp 4350p
23rd nov Goldmans buy tp 4650p
18th nov UBS buy tp 4300p
18th nov Kepler hold tp 3900p
18th nov Barclays overweight tp 4770p
18th nov BOA buy tp 4600p
17th nov Citigroup neutral tp 4000p
17th nov Deutsche buy tp 4470p
17th nov Berenberg hold tp 3900p
17th nov Credit Suisse outperform tp 4400p
17th nov Jefferies buy tp 4800p
17th nov Morgan Stanley overweight tp 4400p


16th nov ++++ update ++++

[woodyjmw] 07/1/2022 13:59

I would think sales/growth will be constrained this quarter by Omicron, but should be a fairly short term effect, plus yes some profit taking.

[thamestrader] 07/1/2022 08:43

Does somebody know something I don't?
Or is this just (well earned) profit taking?

[philanderer] 31/12/2021 11:57

Interview: Diageo aiming to make alcohol the ‘growth engine’ for travel retail

[woodyjmw] 30/12/2021 13:13

It’s probably not an either or choice between Bonds and stock like DGE, high quality Bonds are much less likely to crash nor be as volatile as stock, they are also a diversification. If we all had an infinite amount of time on this planet we might invest wholly in stock, but if you want to sleep at night without worrying that you might loose 30%+ of your wealth the next day, then you should probably hold some bonds.

[robert0taylor] 29/12/2021 16:06

All very well to look back. Diageo or bonds? Diageo up 67% this year plus divis. Feel there is more to come. Can't bring myself to sell any time soon, even though my holding is about 65% of my portfolio.My most successful holding, just like Nick Train. Beazley coming back nicely. Tritax, Big Box also, United Utilities, National Grid, SSE, to name just a few in my Portfolio.Heres to a better year that realises the real value of stocks listed on the Footsie.

[wetdream] 22/12/2021 18:07

Wonder where the share price would be if the company didn't have such a massive ongoing buyback programme?

[robinnicolson] 15/12/2021 13:50

Nick Train wrote about Diageo in the Finsbury Growth & Income Trust 2021 annual report:

Diageo was the Company's most successful stock over the last 12 months, and, partly as a result, is the biggest position, at just under 12% of NAV.
There are decade-long secular trends driving Diageo's business. Most notably the propensity for consumers worldwide to drink less alcohol (which is a good thing), but instead to drink more of better-quality products. This growing taste for premium and super-premium beverage brands has accelerated with the incredible increase in consumer wealth over the last decade, notably in the USA and Asia. With arguably the best collection of prestige spirits brands (and Guinness) Diageo has been and will continue to be a prime beneficiary of these trends. In addition, while we have no view as to whether the inflation pressures afflicting the world in 2021 will turn out to be ephemeral or entrenched, we are sure few companies are better positioned to maintain the real price of their products than Diageo. Would you sooner own a government bond on
a running income yield of 2%, or Diageo on a starting dividend yield of 2%? We can't help worrying that pension schemes around the world that choose the government bond ahead of Diageo, on the grounds that "equities are riskier than bonds", are making a costly mistake.

[philanderer] 09/12/2021 11:10

RBC CUTS DIAGEO TO 'UNDERPERFORM' (SECTOR PERFORM) - PRICE TARGET 3,100 (3,000) PENCE

[philanderer] 03/12/2021 14:20

Diageo is inexpensive, says Jefferies


Drinks manufacturer Diageo (DGE) is a ‘core holding’ for broker Jefferies, which believes it is not expensive versus US drinks peers.

Analyst Edward Mundy retained his ‘buy’ recommendation and target price of £48 on the stock, which closed down 0.1% at £38.42 on Thursday.

‘Diageo remains a core holding given the favourable industry backdrop and strong execution,’ he said.

‘The recent upgrade to the medium-term growth framework to 5-7% sales and 6-9% earnings before interest and tax points to confidence in the top and bottom [line] outlook.’

Although the omicron coronavirus variant has brought increased uncertainty to markets, and the first case in America has now been confirmed, Mundy said ‘Diageo’s key US market is relatively well positioned to weather the storm given four out of five drinks are at home’.

‘Diageo is not expensive versus spirits peers and other top quartile staples,’ he added.

citywire.co.uk/

[wetdream] 02/12/2021 18:17

What happens when the company stop buying their own shares?

[philanderer] 01/12/2021 10:15

SOCGEN RAISES DIAGEO TO 'BUY' (SELL) - PRICE TARGET 4,500 (3,050) PENCE

[philanderer] 27/11/2021 00:41

Marke report


....Drinks maker Diageo offered a sip of relief to pensioners and savers who were starved of payouts through the pandemic.

The Johnnie Walker and Guinness owner announced it will buy back £550m worth of shares between now and March 4.

It plans to return £4.5billion to shareholders by June 30, 2024. It has so far bought back £1.7billion of shares, it said yesterday, up to November 12. Buybacks give shareholders a boost as when repurchased shares are cancelled they drive up the value of remaining stock. Diageo shares dropped 3.9 per cent, or 152.5p, to 3759.5p amid wider market chaos.

[saltraider] 26/11/2021 18:40

It just frustrates and annoys me when posters twist the truth in the way that Salty does. It's not through ignorance and it's not by accident. It's manipulative and it's dishonest ... and it's designed to do harm.

[riskonricky] 26/11/2021 17:48

The whole point of the mRNA vaccines is that they can be adapted easily to new strains at the push of a button. Never fear, science has this one.

[saltraider] 26/11/2021 16:50

Err ... no ... Saltaire111. Actually, scientific experts are concerened that it might be more resistant to existing vaccines. Stick to the truth.

[saltraider] 26/11/2021 16:44

Err ... no ... Saltaire111. Actually, scientific experts are concerned that it might be more resistant to existing vaccines. Stick to the truth.

[saltaire111] 26/11/2021 16:35

The music stopped today. The new B52 Covid variant could be a game-changer as it appears to be resistant to the vaccines. If this pushes governments back into locking down boozers etc., could be big trouble.

Salty.

[adrian j boris] 26/11/2021 07:52

Diageo PLC said Friday that that it has started the next tranche of its return of capital program of up to 4.5 billion pounds ($5.99 billion) to shareholders by the end of June 2024.

The liquor maker--which owns Johnnie Walker whisky and Tanqueray gin--said it has entered into an agreement with Goldman Sachs International to enable it to buy back shares with a value of up to GBP550,000.

The non-discretionary agreement, which has started on Friday, will end no later than March 4, it added.

"The purpose of the repurchases is to reduce the share capital of Diageo and all shares repurchased under this agreement will be cancelled," the London-listed company said.



Write to Sabela Ojea at [e-mail]; @sabelaojeaguix



(END) Dow Jones Newswires

November 26, 2021 02:28 ET (07:28 GMT)

[philanderer] 25/11/2021 16:27

Global drinks seller Diageo (DGE) rose nearly 1% to £38.97 after peer Remy Cointreau raised its full-year profit outlook after reporting a stronger-than-expected 104.5% organic jump in first-half operating profit. This was driven by strong demand for its premium cognac in China, the US and Europe.

Sheresmagazine.

[philanderer] 23/11/2021 18:11

Goldman Sachs (NYSE:GS) analyst Olivier Nicolai maintained a Buy rating on Diageo (LON:DGE) plc on Tuesday, setting a price target of £46.5

[philanderer] 18/11/2021 11:04

updated:

18th nov UBS buy tp 4300p
18th nov Kepler hold tp 3900p
18th nov Barclays overweight tp 4770p
18th nov BOA buy tp 4600p
17th nov Bernstein market perform tp 3600p
17th nov Citigroup neutral tp 4000p
17th nov Deutsche buy tp 4470p
17th nov Berenberg hold tp 3900p
17th nov Credit Suisse outperform tp 4400p
17th nov Jefferies buy tp 4800p
17th nov Morgan Stanley overweight tp 4400p


16th nov ++++ update ++++