Diageo Share Discussion Threads

[philanderer] 27/1/2023 01:03

'EXPERT' VIEWS

Edison’s Neil Shah commented: ‘The glass remains more than half full for Diageo after a strong set of results in the face of industry inflation.’

Shah added that ‘shareholders will raise a glass at the company’s pledge to return up to an addition £0.5 billion of capital to shareholders in fiscal year 2023.’

Charlie Huggins, head of equities at Wealth Club, stressed that Diageo looks better placed than most to weather the storm.

‘It is much easier to raise prices on a bottle of Johnnie Walker than on a bottle of shampoo or deodorant. So Diageo ought to have more pricing power than most consumer goods peers. This is a key reason for its resilient margins.

‘If the economy hits the rocks, Diageo may see some downtrading to less expensive brands. But it’s unlikely consumers will cut back significantly on alcohol. And long-term premiumisation trends are unlikely to abate.

‘Overall, Diageo is demonstrating why it is considered a high-quality long-term compounder. While short-term blips can’t be ruled out, investors who abide by the famous Guinness slogan - “Good things come to those who wait” - could be rewarded.’


sharesmagazine.co.uk

[philanderer] 27/1/2023 00:40

Diageo shares fall as US sales growth slows

Investor reaction comes despite otherwise robust half-year results at drinks group

“Questions around the health of the US consumer continue,” said Simon Hales, an analyst at Citi.

[careful] 26/1/2023 17:23

Mug Punters often go long ahead of results when results are assumed to strong, as todays were.
They get margined out...house wins, when it spikes down.

I have been caught by such crooked tactics whilst trading CFD'S.
On occasions I have been margined out, triggering stop losses after price spikes lasting a couple of seconds.

Better to ignore the share prices on results day, they are about as honest as Rick's roulette wheel in Casablanca, or the poker game on the train in the Sting.

Who is the best cheat.

[billy two cocks] 26/1/2023 14:05

The boys and girls will mess about on days like these. Gift.

[tuftymatt] 26/1/2023 14:00

Took some more as the share gods are starting to take back the gift they have offered up today!!

[tuftymatt] 26/1/2023 12:43

I picked a few up earlier today.
The only reason I have never directly owned this is the low dividend but at this price I struggle to see why it's been hit so hard this morning.

Good luck all 👍🏻

[j777j] 26/1/2023 12:34

Great business tequila and Johnny walker both up almost 30%
Guinness biggest selling beer brand in UK

[nk104] 26/1/2023 11:18

I first bought this in 2008/9 at £8.35 and have held continuously since. It's a well managed business with decent ROCE. Today was a chance for a top-up!

[essentialinvestor] 26/1/2023 11:07

Only up 800% in 20 years. You complete Muppet.

That's Without dividends.

[danb45] 26/1/2023 11:05

whatevs - I'm 40% up on price now with £600 dividends paid - not complaining

[porsche1945] 26/1/2023 10:56

Same price as June 2019 with a 2 pc dividend. Another pointless growthless ftse 100 crxp share.

[billy two cocks] 26/1/2023 10:44

Gross over-reaction. Watch this recover and some when the market makers have had their fun. Excellent results.

[lomax99] 26/1/2023 10:29

Small top up for me.

[thamestrader] 26/1/2023 09:32

Very tempting

[careful] 26/1/2023 09:28

Solid results, poorly received.
American growth slowing.
no worries here, the bluest of blue chips.

[philanderer] 24/1/2023 14:34

Results thursday.

[philanderer] 17/1/2023 14:37

Diageo to buy Don Papa Rum for initial €260m

Diageo added that it could pay out an extra €177.5m to 2028 subject to performance, "reflecting the brand's current growth potential"

"The super-premium plus segment of the rum category is in the early stages of premiumisation, with a compound annual growth rate (CAGR) of 18% in Europe and 27% in the US between 2016-2021. Through the same period, Don Papa Rum consistently outperformed the market in Europe, delivering a 29% CAGR," the company said on Tuesday.

Sharecast

[philanderer] 12/1/2023 12:17

Bank of America cuts Diageo price target to 4,200 (4,350) pence - 'buy'

[wetdream] 09/1/2023 13:28

Is it just the company buying its own shares back?

[philanderer] 06/1/2023 11:08

Morgan Stanley cuts Diageo to 'equal-weight' (overweight) - price target 3,900 pence