Kingfisher Share Discussion Threads

[cockneyrebel] 08/6/2015 08:33

poked its nose through that recent March closing high this morning.

Gonna be a sharp when it breaks out imo.

CR

[cockneyrebel] 05/6/2015 15:32

nice intra-day reveral

CR

[cockneyrebel] 05/6/2015 09:31

Not sure you can base your investment strategy on the weekly moves in the Euro Essential Investor.

2 year chart may look like the Euro is strong:



A 10 yr chart shows a different story imo:



All imo

[mike740] 04/6/2015 14:50

Screwfix proping up the rest of the group isnt going to lead to sound financial results. B@Q are being slaughtered by competitors.

Rumours are that they are going to close more B@Q, Like For Like sales are dismal.

[essentialinvestor] 04/6/2015 14:14

KGF like PHTM are major beneficiaries of a stronger Euro,
nice bump up on the bottom line on any GBP weakness.

EURO GBP was nearing 1.42 a week ago, now 1.36 approx.

Bulk of profits for both companies generated in the Euro.

[cockneyrebel] 04/6/2015 13:08

M.Lynch upgrade obviously driving the price up somewhat.

I see the troll's here lol - what a surprise - calling it wrong yet again I bet :-)

CR

[rathlindri] 04/6/2015 12:26

Do you hold Kingfisher shares market sniper1?

[market sniper1] 04/6/2015 11:49

Analysts at Societe Generale reiterated a sell rating and set a GBX 317 ($4.85) price target on shares of Kingfisher plc in a research note on Thursday, May 28th.

[market sniper1] 04/6/2015 11:23

Kingfisher plc’s Underperform Rating Reiterated at RBC Capital (KGF)
Posted by Scott Davis on Jun 2nd, 2015

RBC Capital restated their underperform rating on shares of Kingfisher plc (LON:KGF) in a report released on Monday. RBC Capital currently has a GBX 350 ($5.35) price objective on the home improvement retailer’s stock.
RBC Capital has also modified their ratings on a number of other stocks in the few days. The firm upgraded shares of Credit Suisse from a sector perform rating to an outperform rating. Also, RBC Capital upgraded shares of Gold Fields Limited from a sector perform rating to an outperform rating. They noted that the move was a valuation call. Finally, RBC Capital upgraded shares of Macquarie Infrastructure Company LLC to a best ideas list rating.
A number of other analysts have also recently weighed in on KGF. Analysts at Barclays raised their price target on shares of Kingfisher plc from GBX 270 ($4.13) to GBX 285 ($4.36) and gave the company an underweight rating in a research note on Friday, May 29th. Analysts at Societe Generale reiterated a sell rating and set a GBX 317 ($4.85) price target on shares of Kingfisher plc in a research note on Thursday, May 28th. Analysts at Sanford C. Bernstein reiterated an outperform rating and set a GBX 420 ($6.42) price target on shares of Kingfisher plc in a research note on Thursday, May 28th. Finally, analysts at Canaccord Genuity reiterated a hold rating and set a GBX 334 ($5.11) price target on shares of Kingfisher plc in a research note on Thursday, May 28th. Seven investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and three have given a buy rating to the stock. The stock currently has an average rating of Hold and a consensus target price of GBX 341.52 ($5.22).
Shares of Kingfisher plc (LON:KGF) opened at 364.90 on Monday. Kingfisher plc has a 52 week low of GBX 283.00 and a 52 week high of GBX 390.60. The stock has a 50-day moving average of GBX 358. and a 200-day moving average of GBX 343.. The company’s market cap is £8.55 billion.

[market sniper1] 04/6/2015 10:23

anyone buying this is being conned. its a 2 part business and until thats sorted its way overvalued in every possible way.

Kingfisher broker views

Date Broker Recommendation Price Old target price New target price Notes
29 May Societe Generale Sell 372.00 317.00 317.00 Reiterates
29 May Barclays Capital Underweight 372.00 270.00 285.00 Reiterates
28 May Espirito Santo Execution Noble Sell 372.00 270.00 270.00 Retains
28 May Canaccord Genuity Hold 372.00 334.00 334.00 Reiterates
28 May Investec Sell 372.00 300.00 300.00 Reiterates

[mike740] 04/6/2015 09:29

Now a proper interpretation of the chart, share price as fallen out of December uptrend channel and is facing resistance at a horizontal level at 377p/378p.

All bets are off until the share price returns into the up channel...........

[cockneyrebel] 01/6/2015 09:45

A buying opportunity looking at the bowl on the chart imo - next leg up likely to be the break out leg imo


free stock charts from uk.advfn.com

[cockneyrebel] 28/5/2015 15:03

Profits up 5.5% on Q1 last year bodes well for a beat of current forecasts as things improve further imo, or broker upgrades.

I've been adding.

All imo

CR

[cockneyrebel] 28/5/2015 08:34

£4 before too long imo

CR

[mike24] 28/5/2015 08:29

the cost of tradesmen @ 200quid a day is
turning the market back to diy ers
B&Q on the back of demand have put their prices up
quick step flooring is 30% higher than a yr ago
drill sets 20quid from 15 etc etc the future looks good

[cockneyrebel] 28/5/2015 08:19

Just apply the Screwfix model to a lot more of the business - simples ;-)

The mkt likes the trading update, as it should imo.

Give the new management 12 months and this will be a screamer imo.

All imo

CR

[cockneyrebel] 28/5/2015 07:22

Reading the press recently, I was expecting far worse than today's statement. Perhaps a lot of the press was mischievous talk to give larger buyers a hope to buy cheaply?

All imo

CR

[cockneyrebel] 26/5/2015 07:24

Screwfix, the 5th best store in Britain

[cockneyrebel] 21/5/2015 15:50

Chart firming nicely

All imo

CR