Kingfisher Share Discussion Threads

[essentialinvestor] 22/1/2013 12:24

bluebird, very interesting on the potential for store rationalisation
longer term, good post - had not seen that.

[bluebird123] 22/1/2013 12:11

This article is a couple of months old but interesting as it highlights the possibility of special dividends if the company continues to build a sizeable net cash position.
Also some good comments about the scope for rationalization with the store portfolio longer term : -

[libertine] 21/1/2013 15:49

21 Jan Kingfisher PLC KGF Alphavalue Buy 268.80 272.90 336.00 336.00 Upgrades

[mallorca 9] 21/1/2013 15:05

Unfortunately this looks to be heading sub £2.60.

At a time when the FTSE is at a 5 year high this is very worrying.

[essentialinvestor] 21/1/2013 14:38

The recent Euro strenght will hit France hard in 2013 imv,
the latest HOME TS showed weak Homebase sales.

[bookbroker] 21/1/2013 12:46

More importantly, if there is a negative trading statement, this being a bellweather for the UK and French home improvement markets, it will make the likelihood of a takeover even more likely, the subject has been mentioned so many times in the past and the rumour never diminishes that this co. with its strong positions in the above markets plus Turkey, Poland and its joint venture in Germany is vulnerable particularly with its very low level of indebtedness, a matter of time before the rumour mill starts turning again.

[essentialinvestor] 21/1/2013 12:45

bookbroker 2013 estimates have already fallen signiicantly.

I have 729M pre tax as the consensus - so trading would need to have
weakened again recently.

[bookbroker] 21/1/2013 12:41

You don't say!

[essentialinvestor] 21/1/2013 12:26

Possibility of a profits warning?

[essentialinvestor] 19/1/2013 12:44

Fair enough, still I am a little surprised by the timing.

[bluebird123] 19/1/2013 10:55

E I,this was first rns'd in December.Off to the Co-Op as ceo where he was already a non exec.Not new news as such and not as if he's off to a direct competitor of Kingfisher's.

[essentialinvestor] 19/1/2013 10:02

Surprised Sutherland's departure has not got a mention?.

[essentialinvestor] 18/1/2013 17:27

2013 may well be tough for KGF imv.

Look at how France L4L sales which had been strongly positive for a number
or years have now appeared to have turned down.

Longer term prospects very good which a bidder may find attractive.

[bluebird123] 18/1/2013 16:35

One of the non execs has just made her first purchase,not a very big outlay but perhaps a small vote of confidence ...... link here : -

[bookbroker] 18/1/2013 16:03

Essential, I look at the monthly chart and I see that for a co. that has a dominant position in its market, particularly the UK, and this stock has not gone anywhere in the last ten years, and forget dividends for a change.

[essentialinvestor] 18/1/2013 15:49

I think that's a little unfair bookbroker, look at the markets
they operate in - France is the major profit centre as well.

[bookbroker] 18/1/2013 15:44

Where are Home Depot when you need them, offers are invited for the business, current management simply unable to generate value for shareholders here, time is ripe to be taken out!

[essentialinvestor] 06/12/2012 09:55

The 2013 forecasts remain too high IMV, I would doubt the downgrade
cycle is over yet.

[essentialinvestor] 30/11/2012 09:06

Looks like more downgrades on the way, so far I have seen EPS for this
year cut by 2% and 4% for 2013.

[essentialinvestor] 29/11/2012 10:45

edit, thanks

[sicker] 29/11/2012 10:30

es, I hope by sold you meant solid ;-)

[essentialinvestor] 16/10/2012 15:13

A couple of very good calls - the last thing the weaker euro
countries need is a stronger euro though.