Diageo Share Discussion Threads

[pugugly] 01/6/2023 08:25

Far more likely retailers have no interest in the brand as their customers not interested.

[essentialinvestor] 31/5/2023 22:40

Phil, I'm tempted to say what I think - but will be polite.

[philanderer] 31/5/2023 22:36

Diddy says Diageo neglected his tequila due to race

[billy two cocks] 31/5/2023 17:13

I must confess to unloading DGE back in April (@ £36.70). Most were purchased around the £23 mark.

Not sure about new CEO.

Dividend ok but not brilliant (maybe they could stop buying back shares and increase the dividend).

Seems to have lost it's fizz.

If they hit £25, I'll start to build a position again.

Good luck all.

BTC

[disc0dave45] 31/5/2023 16:57

New 52 week low ffs

[essentialinvestor] 23/5/2023 12:14

* alcohol causes DNA damage in a dose dependent manner, that's the scientific consensus. Whether warning labels will be widely adopted by other countries?, may be a considerably longer term prospect in places like the US. Diageo now offer several alcohol free spirits and Guinness 0.0.

[xxxxxy] 23/5/2023 11:00

Ireland to put cigarette-style cancer warnings on alcoholCountry becomes first to put cancer and liver disease warnings on alchoholic drinksByDaniel Woolfson..Daily Telegraph... Only curious

[essentialinvestor] 19/5/2023 16:01

Positive write up in the Questor Telegraph column today.

I was hoping to add more under £35.

[anhar] 19/5/2023 10:03

As purely an income investor, the current yield on DGE of about 2.2% is too low for me. I like to add to my diversified income port where existing or new shares yield above the FTSE100. I've held DGE for decades and the long term income stream has been great, as has the capital growth though I don't invest for that, but I wouldn't add now.

Be nice to increase my holding but to fit my strat, the yield would have to rise to around 4%, implying a share price fall to 1,950p on the same divi, or alternatively a massive divi increase to about 142p without a matching share price rise. Neither of which are very likely at present.

[essentialinvestor] 18/5/2023 18:47

DEO rather than DGE at a guess, but yes in terms of Berkshire it's tiny, it may be added to.

[toffeeman] 18/5/2023 18:35

it's about $10m - sweet fa in BH terms.

[essentialinvestor] 18/5/2023 14:01

Not that I'm aware of?, but you may be right.

They held DGE years ago, remember that.

[888icb] 18/5/2023 13:33

I think Berkshire were already invested in DGE and have increased their stake in the last quarter.

[essentialinvestor] 16/5/2023 01:09

Berkshire have bought in.

[wsm812] 12/5/2023 13:59

Dividends will be re-invested today so happy for the lower price today only! Haha

[essentialinvestor] 12/5/2023 13:41

It's fair comment, DGE has though underperformed over the last 12 months so some of this may already be in the price.

Rising interest rates provide competition for equities such as DGE only fair to say.

[1nf3rn0] 12/5/2023 13:21

Diageo shares tend to trade at a premium to competitors in periods of strong growth in the United States and at a discount in periods of slower growth, according to Jefferies.With the near-term growth prospects in the U.S. – accounting for 40% of Diageo's sales and about 50% of earnings – set to slow, the stock could end up paying the price."This reflects the normalization of industry growth after the pandemic supercycle, the risk of inventory realignment and the macroeconomic slowdown," analyst Edward Mundy and partner Andrei Andon-Ionita say. Jefferies cut the rating on the London liquor maker to hold from buy

[philanderer] 12/5/2023 12:32

About an hour ;-)

[tuftymatt] 12/5/2023 11:27

Interesting and as this gets closer to 3500 it's becoming bigger on my radar.

[philanderer] 12/5/2023 10:17

Downgraded..

Jefferies cuts Diageo to 'hold' (buy) - price target 3,800 (4,000) pence

[philanderer] 02/5/2023 14:17

NEW YORK, May 01, 2023--(BUSINESS WIRE)


--DIAGEO, a global leader in beverage alcohol, announced that its brands have won a collective 102 medals for exceptional quality liquids at the 23rd Annual San Francisco World Spirits Competition.

In 2023, DIAGEO’s strong performance against entries from all corners of the world resulted in 24 Double Gold and 22 Gold Medals across the company’s Bourbon, Canadian Whisky, Gin, Liqueur, Rum, Scotch, Tequila and Vodka brands.

This year proved another successful year for DIAGEO’s Scotch brands, earning 27 of DIAGEO’s total 2023 double gold and gold medals for liquid, followed by Canadian Whisky and Tequila. Top honors were also awarded to the company’s Bulleit, Tanqueray, Baileys, Pampero, and CÎROC brands all receiving gold medals or above.

[pugugly] 28/4/2023 16:39

I have seen articles that Gen Z are drinking less booze per head than previous generations also with the squeeze on disposable income I suspect the older generations might be trading down from the premium brands - Make sense?