Kingfisher Share Discussion Threads

[the greatest bull] 18/2/2011 11:29

BEAUTIFUL!!!

[the greatest bull] 18/2/2011 11:29

YOU GOT IT!!!

[essentialinvestor] 18/2/2011 10:59

People waking up?... at last

[essentialinvestor] 18/2/2011 10:38

Home Depot now on 17x 2012 estimates, Kingfisher on 11.5 x,
even before you allow for the net cash.

Home Depot does not have European exposure, what a nice acquisition KGF
would make in my view.

Regardless og this, expect KGF to be re-rated.

[essentialinvestor] 18/2/2011 08:59

Beginning to perk up, getting some deserved Press attention today.

Although many have yet to discover the growth potential here imv,
and fully grasp the cashflow and growth potential.

[essentialinvestor] 17/2/2011 18:20

Kingfisher have gone from debt of nearly £300 M at the last year end,
to net cash of over £200 Million in less than 12 months.

Even allowing for higher CAPEX, net cash should be approaching £800-850 M at the end of '11.

To appreciate the cash generation of the business, net debt was 1.5 Billion
in year end 2008.

Add the net cash to the near £3 Billion in property assets, and this is
beginning to look very good value in my view.

The huge cash generation of the new Kingfisher model,
is currently underestimated and undervalued imo.

[essentialinvestor] 17/2/2011 12:59

OB, I agree with you.

For KGF to say that results will be at the top end of expectations,
given the December conditions, is a superb achievement.

The PER now comes down rapidly with the Full years results,
plus a significant raising of the dividend to come,
making this much more attractive to income seekers.

Home Depot sells on just under 17x on 2012 numbers, Kingfisher approx 11x.

You may find some of the US funds begin to switch, increasing their
KGF holdings imv.

The US funds are the main holders, would make a fantastic fit for
Home Depot as well, if they want European exposure..

[the greatest bull] 17/2/2011 10:58

SUPERB Q4 TRADING UPDATE!!! SO MUCH FOR ALL THE SCAREMONGERING!!!

[the greatest bull] 31/1/2011 20:29

BETTER STILL - LISTEN TO HIM SPEAK AT THE CONFERENCE!!!

[essentialinvestor] 31/1/2011 16:24

Ian, if you have an views following today, that you can post,
it would be much appreciated.

[the greatest bull] 31/1/2011 13:54

THE OMENS ARE FANTASTIC!!!

[the greatest bull] 31/1/2011 13:54

THE SUN IS SHINING AND NOT LONG BEFORE THEM KINGFISHERS WILL BE BOOMING!!!

[iancheshire] 31/1/2011 13:09

Off to the conference, can't say much but we things arn't good.

[essentialinvestor] 28/1/2011 10:49

There appears to be a very cautious comment on current trading from Focus reported in DIY Week.net this morning.

[essentialinvestor] 27/1/2011 13:17

You work for KGF, or know someone who does?.

[iancheshire] 27/1/2011 13:11

Yes things are tough, why do you think I got another job, times are hard.

Mgt conf on Mon/Tue going to tell them to cut costs by 6%. Snow hurt sales, and expecting slow start to 2011.

[essentialinvestor] 27/1/2011 13:00

Lol at the nickname.

Trading below expectations then?.

[iancheshire] 27/1/2011 12:48

Very close to year end target, may just miss. Have told B&Q to save money, offering managers and staff unpaid leave this week just to save cash.

[nellie1973] 07/1/2011 13:46

Broker upgrade

[the_profit] 28/12/2010 11:50

isnt there a process where all shoppers will eventually be required to pay for packaging.

[guru11] 28/12/2010 11:33

Maybe a sale at B & Q,
but don't forget the 5p for a bag,
after your purchases.

[guru11] 27/12/2010 12:32

Went to the Yeading store of B & Q and spent £18.82
on 8 brackets and a packet of screws
and when I asked for a bag they wanted to screw me 5p for a bag.

And there was no sale on brackets or screws -
in fact I thought they were overpriced.

How bad is this - 5p for a bag after spending £18.82 in store.
Management want a kicking for this policy.

[thedoronron] 23/12/2010 15:53

Thanks Sicker

Merry Christmas to all kfg followers

[sicker] 23/12/2010 12:50

Just thought I'd move this thread along and wish all kfg holders a very merry xmas.