Kingfisher Share Discussion Threads

[the_profit] 22/7/2010 07:42

trading update

Ian Cheshire, Kingfisher's Group Chief Executive, said:

"This is a solid performance in an uncertain environment for our customers right
across Europe. Consumer spending remains under pressure, notably in the UK, and
so we continued to focus on carefully targeting our promotions to drive
profitable sales, improving our cash margins and vigorously controlling our
costs. As a result our expectations for first half cash and profit outturn
remain on track.

"While we remain cautious about the outlook for consumer spending, we are
confident that the strengths of the Group and our well established self-help
initiatives leave us well-placed to continue our good progress over the balance
of the year."

[the_profit] 12/7/2010 20:32

Wal-Mart's shares rose 1.7% to $50.26.

[missagain] 15/6/2010 20:09

Gotta agree with you The_Profit - some nice bounces showing on charts - me thinks I should be watching this one a bit more closely.

[the_profit] 14/6/2010 13:57

this is a fantastic business !

[the_profit] 04/6/2010 10:12

nice dip to buy this morn

[the_profit] 03/6/2010 08:29

just 250m pound in January

[the_profit] 03/6/2010 08:28

must be almost debt free

[the_profit] 03/6/2010 07:52

Great numbers - profit growing at 14,5%

[the_profit] 18/5/2010 10:55

lagging a bit here, perhaps time to top up?

[quepassa] 06/5/2010 09:07

In my view, this stock may be offering good value in current market weakness.

Don't underestimate all the garden/house damage caused by the snows earlier this year. In my view, Kingfisher will experience significantly buoyant sales this year.

All IMO. DYOR.

QP

[the_profit] 30/4/2010 13:46

strange how the thread is so quiet given the shares are so strong. any reason for the rise?

[raspberrypicker] 26/4/2010 08:38

That is what I was wondering. Took me a couple of seconds to realise that the guy topping up at 1.50 was talking about 2008!

[the_profit] 23/4/2010 10:04

what happened to all the posts over the last 2 years

[the_profit] 23/4/2010 10:03

290? .... 390?

[mjl] 04/2/2010 12:43

Nice H&S target 190!

[raspberrypicker] 05/1/2010 17:03

KGF Broker bet for 2010

[rovi57] 13/11/2009 11:47

no divi yet

[losses] 17/9/2009 07:09

still struggling on the chinese side..more losses though management saying losses stablised.

[losses] 16/9/2009 17:29

Hopefully but only if outlook is good. Hope they increase divi for October.

[shammytime] 16/9/2009 12:22

Early spike with KGF tomorrow - 215 easy

[losses] 16/9/2009 10:48

Not sure what's happening here as figures are already known...outlook will be key in tomorrows statement. Hope a gradual move towards 250+

but ftse is a bit toppy at the moment and some sort of correction is inevitable...bring kgf down with it.

[shammytime] 16/9/2009 09:22

Good support at this level, expecting to see a strong push from here today and post results.

[darias] 11/9/2009 09:44

BTW my son states that B and Q had a good bank holiday sale. He has been working o'time in order to restock the shelves following the sale.

[darias] 11/9/2009 09:08

I dont use charts to make buying/selling decisions but to support decisions that I have made on fundamentals.

The five year chart however is quite interesting and may explain the plateau we have reached.

In 2005 there was a fall to around £2 then a steady rise to £2:70 -£2:80 over the next 18 months. (I believe we will see that pattern again but probably over 2-3 years rather than 18 months).

Let us say that in 2005 there was steady buying over the next 18 months with some minor trading - now those buyers after 2007 have had no opportunity to get their money back and may now be seeing this as the time to recoup their losses. Therefore we are stuck.

I dont mind as the club bought at £1:73 and the divi is nice. We will sit out the ride until the share price recovers to around the £2:70 - £2:80 mark above when we will look at it again. If the share price falls I would suggest that we buy more unless there is a fundamental reason for the fall.

Also those people who got in only a year ago must have itchy fingers and be selling doubling their money in the process.

[losses] 10/9/2009 22:19

Why is this going down after better than expected results?