Kingfisher Share Discussion Threads

[essentialinvestor] 28/8/2012 13:37

I was very suprised KGF traded at the levels reached a few weeks back.
No matter how good the company is some of their main markets are looking
incresingly tough, just imv.

[sicker] 28/8/2012 13:00

Not looking too healthy. Over 4% drop to-day with interim results due in just over a fortnight :-(

p.s. I'm due to buy more next Wednesday so watch the price soar just before my trade.

[essentialinvestor] 28/8/2012 11:52

Soon see what they have to say with the September Interims.

[bookbroker] 27/7/2012 12:22

I don't I would call it a profit warning, it is perhaps a way of informing the market on the likelihood of lowered guidance, they have sated that margin pressure has occurred in order to get more footfall through the doors by offering incentives in part due to the poor weather this summer, let's hope that an improvement in the weather and the Olympics will encourage people to buy some barbecue gear, the share price has fallen fairly significantly since its April levels, that could already reflect the lowered guidance.

[essentialinvestor] 24/7/2012 08:27

Any views on a potential profit warning here?,
many of their markets appears to be slowing rapidly.

[essentialinvestor] 23/7/2012 09:42

Anyone know have the full year estimates been lowered following the latest
update?.

[essentialinvestor] 20/7/2012 08:33

Would not disagree with any of that.
Very large exposure to France has to be watched though imv.

[bookbroker] 20/7/2012 08:04

Re: Above comment, pretty much the only player in town these days, that's unless you wish to place your money in Home., always the possibility of corporate action, it's a given that Home Depot has looked at Kgf. before, although trading weak due to poor retail climate and our wonderful climate, however DIY still a popular pastime strong position makes it a favourite with investors with it's international spread. Time will tell, but consistent cash flow makes it worth a look.

[essentialinvestor] 12/7/2012 08:56

Surprised KGF is trading at these levels with the Euro crisis gaining
momentum.

[philanderer] 05/7/2012 19:34

Telegraph market report..


Analysts at Nomura said that B&Q owner Kingfisher, which will give a second-quarter, pre-close update on July 19, was likely to see sales affected by the poor weather. It could also be affected by "significant currency headwinds", they said, as the shaved their target price to 325p from 340p. The stock fell 5.9 to 275.6p.

[essentialinvestor] 02/5/2012 10:58

Great company phil imv, however perhaps better opportunities to buy
at some stage.

[philanderer] 02/5/2012 07:25

Still on the watchlist at present.


Indy market report..

It is always easy to blame the weather. While most stocks on the Footsie were heating up yesterday, Kingfisher ended up looking rather soggy amid warnings that the recent downpours may result in the retailer's trading update at the end of the month turning out to be a bit of a damp squib.

The DIY retailer missed out on the top-tier index's rally, edging down 0.9p to 289.6p, after Deutsche Bank's Rod Whitehead predicted first-quarter sales at its B&Q chain would be 10 per cent lower than the same period the previous year.

The reason, claimed the scribbler, is that green-fingered shoppers will have been put off by the rain, especially since it has ruined many a weekend, knocking gardening sales as a result.

"The shares may weaken further as the market realises just how bad the first-quarter could be," added Mr Whitehead, although he still kept his "buy" advice, recommending any fall in the stock in response to short-term weather as "a buying opportunity".

[xtrmntr] 31/3/2012 17:54

Buy tip in the Investors Chronicle.

[xtrmntr] 21/3/2012 21:03

From last weekends Scotland on Sunday

Kingfisher going according to plan as profits soar


Published on Sunday 18 March 2012 00:00

B&Q PARENT Kingfisher will hail the success of its business strategy when it on Wednesday reveals a 19 per cent rise in annual profits to around £800 million.

One of the strategic objectives set in 2008 was to drive up B&Q's profits, which four years ago were £106 million but are forecast to be around £234m for the year to 31 January. The company has now reached the end of the first part of its plan and is preparing to move into the next phase, which will include rolling out products exclusive to Kingfisher, as well as adding stores and digital channels.

Kingfisher had a strong 2011, despite a drop in sales of home improvement and heating products in the UK, as it enjoyed strong growth in its overseas division, which includes Castorama and Brico Depot.

Assad Malic, analyst at Credit Suisse, said: "We expect the full-year results to demonstrate the ongoing benefit of internal self-help and market-share gains, despite a challenging environment."

Shares in Kingfisher have climbed around 50 per cent since a low point in July.

[ninja 19] 21/3/2012 18:43

Hopefully it pops tomorrow and break out.

[bookbroker] 20/1/2012 10:17

High volume day it looks, interesting trading taking place, thought it was in auction few mins. ago.

[bookbroker] 20/1/2012 09:57

And now's the time for Home Depot to take a bite, at nearly 10X the size of KGF, with a share price and valuation at five year highs, it would seem an opportune time to pounce, that is if think that the European economies can ever thrive again!

[bookbroker] 20/1/2012 09:35

One has to bear in mind, these are the only players in town, I do not really call Homebase competition in terms of scale, hardly surprising M.T. the stores quiet, much of their business is trade so if it were a holiday explains it, and remember the UK and Ireland only make up a third of pre-tax. You got to think that eventually Home Depot might make their minds up, after the value is in the global footprint.

[essentialinvestor] 03/1/2012 12:54

It's a multi billion market cap, de-ramp? - get serious.

Trading update shortly in any case, from memory.

[missagain] 03/1/2012 12:49

M.T. ok thanks for that - If, as you state, you don't hold a position, then I see your posting as a blatant de-ramp - but to what end ? Perhaps your log-in gives the clue M.T. Glass (empty glass) - a pesimist?

[essentialinvestor] 03/1/2012 09:29

Interesting post M.T.

[m.t.glass] 03/1/2012 09:12

Leominster is nearer me than Hereford is, but B&Q at H is bigger, so headed there yesterday for some wood I needed. Three staff lolling around in the two-thirds empty carpark, three more doing same inside. Deadly quiet. Size I wanted was out of stock - despite online indication of 235 pieces there. Instore computer showed same error. Asked CS to check Lemsta branch - showed 612 pieces there, but girl said "Hang on, I'll phone to check, cos these computer figures can never be trusted." (!)

Waited while Lemsta staff physically walked to far end of store and back and confirmed stock really was there. Drove to Lemsta, got the wood OK - but only 4 cars in carpark and I was the only customer in store. The woman on the till smiled as I walked in and pointed to the timber area without me asking - as if not much had happened between the phone call 40 minutes earlier and my arrival.

Leominster is only a small outlet (taken over a few months ago when Focus collapsed), but no local competition yesterday as local buiders' merchant, DIY shop and timber yard all shut for holiday.



(I currently hold no position in KGF)

[yewtrees] 29/12/2011 19:58

Kingfisher is a Guardian top share for 2012

[essentialinvestor] 13/12/2011 11:07

The worsening euro economic outlook cannot be helping.

[missagain] 13/12/2011 10:56

Just so you are aware - B&Q staff who joined the SAYE scheme 3 years ago and got them at £1.09 on the 3years saving option have had their shares certificates this week. I am thinking this will explain a lot of the selling this week and next week as many are likely to cash in 2.5times their contribution, but that is only my opinion.