Kingfisher Share Discussion Threads

[essentialinvestor] 23/3/2021 15:12

Still huge work to do in France, the rest looks better.

[dekle] 16/3/2021 10:04

Every time I have been to B&Q lately the queues at the checkout have been very long. The whole store has been busy. So I bought into KGF @271p. Looking like a good decision.

[useless invester] 23/2/2021 14:06

Well I've topped up today, hopefully will start going up now as we head towards results day

[essentialinvestor] 23/2/2021 10:25

Some Hedge Funds may be short as there is a perception that Kingfisher's Covid-19 aided trading performance is unsustainable. Indeed current FY22 consensus is for (an approx) 15% EPS Fall from the bumper FY21 they will report next month. Even allowing for a 2022 expected decline, KGF sells on very approx 11 X forward, with profit growth forecast to resume in FY 2023. Now a lot can change before then, however if we assume those number are in the right ballpark, 11 X does not look particularly demanding?.

[casholaa] 22/2/2021 22:22

Yeah, look at what happened to Homebase. I've got a long position on this, now that the share price retraced enough. My target is 290 +/- 2p

[essentialinvestor] 22/2/2021 14:38

Sitting duck for a private equity bid ...?

[essentialinvestor] 09/2/2021 14:03

France lockdown looming?.

[casholaa] 25/1/2021 22:40

I do have my doubt (singular). You could say that I helped this along with all the diy I did during Lockdown 1 and the sequel, Lockdown 2, but I don't know whether it can maintain it's momentum as we come out of Lockdown 3. I think that it is well placed if it has a warehouse in the EU to supply the UK, but I can't find any info on this. The divi looks okay and it appears cash-rich with good profits, especially this past year, but that was I suspect in part to a captive, bored, opportunistic or energetic customer. I don't think there is actually anything I don't like about kgf, it's the circumstances in the wider economy/society and the knock-on effect that I question.

[essentialinvestor] 23/1/2021 16:22

Cas, I like KGF fwiw and hold a small amount. If you have a view would be interested to hear, particularly if it's bearish as prefer to consider different perspectives.

[casholaa] 22/1/2021 21:04

Anybody have a view on kgf?

[thewheeliedealer] 20/1/2021 21:14

Hi all, My mate Peter @Conkers3 and myself did a ‘Twin Petes Investing’ Podcast recently and part of our discussion includes KGF which I think C3 holds. This is an unusual episode because for the first time we had a Special Guest on the show and the response has been hugely favourable (here’s a clue: he’s not the usual ‘Guru’ that all Podcasts have). And as always we chatted about loads of other Stocks and Ideas for research and a fair bit of educational stuff with regards to Investing and Portfolio Management. Anyway, if you use Youtube, Apple, Audioboom, Overcast or Spotify you can find it under the 'Conkers Corner' Channel (you want Podcast TPI 40) and you can find it on Soundcloud at the link below. I hope you enjoy it and find it useful, we try to keep them light and they are totally unscripted, not like all the stuffy financial fodder you are probably more used to !! Happy New Lockdown !! WD @wheeliedealer hTTps://soundcloud.com/user-479955511/conkers3-wheeliedealer-40-isa-millionaire-twlo-ihcu-kgf-slp-av-jmg-fran-stem-sap

[essentialinvestor] 18/1/2021 14:42

Bought a small amount.

[essentialinvestor] 15/1/2021 11:17

Around £2.65 may be an interesting entry point?.

[netcurtains] 14/1/2021 13:21

!FOLLOWFEED

[essentialinvestor] 29/12/2020 16:40

Widening lockdowns likely to weigh on Screwfix as trademan domestic work is deferred due to social distancing. Is the extra spending on DIY, Home sustainable?. Good decision with the Russian exit, still a major challenge in France. Go back 6 or 7 years and France was the strongest part of the entire group, hard to believe now.

[peddlers] 09/12/2020 15:24

Volvo - Are you still on board ?

[peddlers] 09/12/2020 10:12

Definitely one for the Christmas rally

[peddlers] 09/12/2020 09:18

Looks like it could be turning now.

[peddlers] 07/12/2020 13:54

Also, the share price is flashing oversold on the hourly. Weekly and daily uptrend firmly intact. SP trading above the 200 MA

[peddlers] 07/12/2020 13:45

Was just looking through the chart and there has been a 20% pullback in the share price Good Solid company so it should on the face-off it start to move up at some point.

[peddlers] 07/12/2020 13:39

I too have taken up a small position today as we get into the Christmas spirit. Hopefully, I have timed it not too badly. My stop is reasonably wide right enough. Certainly, there has been a decent pullback. Ped

[volvo] 19/11/2020 08:20

Had to buy a few at 288p for a trade after those steller figures. Don't see things changing on the ground for some time.

[pugugly] 19/11/2020 07:46

Excellent trading update - (imo) Sales of £3.5 billion, up 17.6% in constant currency; LFL(1) up 17.4% Will have to wait and see Mr Market's reaction - May have already have been taken into account. Should also have read accross to other DIY home improvement suppliers such as Topps Tiles - Norcross etc (imo) https://www.investegate.co.uk/kingfisher-plc--kgf-/rns/q3-trading-update/202011190700057899F/

[texaspete2] 09/11/2020 16:48

Now that Covid has disappeared, we won't be working on our homes anymore :)