Kingfisher Share Discussion Threads

[the_profit] 02/12/2010 11:58

Blimey, the company has apparently told analysts to raise their forecasts. if these are tough times, think wat it be like when times are good

[the greatest bull] 22/11/2010 17:46

LET THE FORCE BE WITH YOU!!!

[the greatest bull] 02/11/2010 16:59

THE OMENS ARE VERY GOOD!!!

[the greatest bull] 28/10/2010 15:32

SHORTERS BE VERY CAREFUL!!! THESE COULD BE 300 AGAIN B4UNO!!!

[the greatest bull] 25/10/2010 12:43

The Greatest Bull - 1 Sep'10 - 15:36 - 259 of 262 edit



SHORTERS BE VERY CAREFUL!!! THESE COULD BE 250 AGAIN B4UNO!!!

[the greatest bull] 16/9/2010 07:36

Interim profits from DIY retailer Kingfisher were at the top end of the range of expectations as the group achieved strong growth in each of its three main operating divisions. Adjusted pre-tax profit for the 26 weeks ended 31 July 2010 rose 22.9% to £354m from £288m the year before, and was above the median forecast of analysts' projections of £342m. !!!

[the greatest bull] 08/9/2010 08:26

Kingfisher upgraded to buy by Goldman Sachs target 309p !!!

[nellie1973] 07/9/2010 16:07

Broker upgrade

[the greatest bull] 01/9/2010 14:36

SHORTERS BE VERY CAREFUL!!! THESE COULD BE 250 AGAIN B4UNO!!!

[the greatest bull] 26/8/2010 08:35

LOL! We hope you put your money where your mouth is.

[farnesbarnes] 24/8/2010 18:32

looks like a cracking short to me

[napoleonad] 19/8/2010 16:55

Don't you mean BELLOW a bit louder?

[deanforester] 18/8/2010 09:18

Could you say that a bit louder?

[the greatest bull] 17/8/2010 22:36

STRONG RESULTS FROM WAL-MART AND HOME DEPOT. WHY ARE THESE SO CHEAP?

[the greatest bull] 06/8/2010 13:48

CANT BELEVE EARNIGS FORECASTS ARE ACTULLY GOING UPWARDS. IS THIS THE ONLY FTSE STOCK TRADING ON A PEG BELLOW 0.7 FOR BOTH OF THE NEXT TWO YEARS?????

[the_profit] 05/8/2010 11:54

THIS IS NOT A CLOTHING RETAILER.... MUST BE A BARGAIN TO BE HAD ???

[the_profit] 30/7/2010 10:41

is that why they are down

[nellie1973] 30/7/2010 10:14

Tipped in Independent

[the greatest bull] 26/7/2010 11:56

IS THIS THE ONLY FTSE STOCK TRADING ON A PEG BELLOW 0.7 FOR BOTH OF THE NEXT TWO YEARS????? ARE THERE OTHERS AS WELL????

[the_profit] 25/7/2010 07:41

Our view: Buy


Share price: 225.3p (+1.8p)

The second quarter was a mixed bag at Kingfisher, the owner of the DIY chain B&Q. The world's third-largest DIY retailer touted strong underlying sales in France and China, but trade fell in the UK and Poland. On these shores, like-for-like sales dropped by 4.3 per cent in the 10 weeks to 10 July, as UK and Irish consumers avoided splashing out on big-ticket items such as kitchens, bathrooms and bedrooms.

The fall in sales at stores that have been open for more than a year also reflected fewer promotions, as B&Q resisted the temptation to slash prices during the period spanning the election, the World Cup and the recent hot weather, which will have decreased footfall.

But less promotional activity actually helped B&Q to achieve higher gross profits in the quarter. There was similar good news about margins in France, where Kingfisher's Brico Depot and Castorama chains account for almost half of its retail profits. This robust performance either side of the Channel bodes well for Kingfisher's full-year pre-tax profits for 2011, which the consensus City forecast has at £639m, compared with £547m last year. Furthermore, Kingfisher's business in China, where it has had its fair share of troubles recently, seems to have turned a corner. B&Q China's underlying sales increased by 8.2 per cent, reflecting its turnaround programme and a rise in
housing activity in most regions.

Although the 2011 multiple of 11.8 times forecast earnings represents a slight premium to the sector, many City analysts think this is justified by its global reach, its potential to improve its gross margins through group sourcing, for example, and its enviably strong balance sheet.

Despite Kingfisher facing a tough consumer environment in the UK and in other countries this year, we tend to agree that its share price is set to rise – albeit modestly – so buy.

[nellie1973] 24/7/2010 12:55

tipped in the times

[the_profit] 23/7/2010 16:35

things are not so bad here, someone should buy this company.

[the_profit] 22/7/2010 14:31

nice move today, looks like its beggining to get across

[the_profit] 22/7/2010 07:43

castorama doing OK. margins higher. had little debt in last results so presumably net cash now