Kingfisher Share Discussion Threads

[florenceorbis] 05/6/2022 06:10

Consensus


Mean consensus HOLD

Number of Analysts 20

Last Close Price 259,90 GBX

Average target price 304,11 GBX
Spread / Average Target 17,0%

High Price Target 385,00 GBX
Spread / Highest target 48,1%

Low Price Target 220,00 GBX
Spread / Lowest Target -15,4%

[essentialinvestor] 30/5/2022 13:15

Short interest is increasing, above 6% now.

[ram376s] 19/5/2022 09:44

Keep motoring up .GDR 300 nurses to train for new test .News anticipated.Multibagger possible game changing test.

[essentialinvestor] 12/5/2022 14:07

Someone stalking? - speculation only on my part.

[my retirement fund] 09/5/2022 15:05

What's going on here, its up?

[sr2day] 04/5/2022 11:15

don,t we love shortsellers,give us great opportunities.

[my retirement fund] 03/5/2022 18:01

Screwfix doing a 10% offer over May to ordering via the app, thats quite a discount, I just cancelled a shed on order and will re-order it tomorrow when I have the code for downloading the app, quite a saving for me, quite a reduction in margin for KGF !

[m_kerr] 15/4/2022 17:22

indeed EI, shares worth £520k, which 6 x the value of his director fee - wouldn't have done that on a whim.

[essentialinvestor] 12/4/2022 12:46

Large non exec buy.


edit to my earlier post.

[m_kerr] 07/4/2022 18:09

great news that the share price has fallen away a bit for the share buyback programme.

the multiple strengths of the group continue to be dramatically undervalued in the current share price. i think the general perception as reflected in the share price rating is stuck about 5 years in the past. the business has simplified to only operate in markets where they are #1 or #2 , and they are financially very strong.

[roguetraderuk] 05/4/2022 17:42

EI, tell me about it. invisible hand at work makes things v frustrating if you are looking to buy panic, when all you see is euphoria. but must start to hurt soon esp if bonds continue to crash. some big trades made this week looking for lower bond prices ie higher yields. hopefully we get them and something breaks.

[my retirement fund] 05/4/2022 17:20

Yes, I get that, there are an awful lot of folk out there in cash having been scared not least by scared witless by the yield curve inversion and the media doom mongering around this, of course what is just as likely to happen on back of this particularly given events is yet more central bank about turns that will send stocks off to the moon. KGF could then see one hell of a bounce!

[essentialinvestor] 05/4/2022 13:19

As a % of my overall portfolio no, on an individual stock basis it's far from ideal.

What has hurt is being heavily in cash over the last 3 weeks as markets rebounded.

[my retirement fund] 05/4/2022 13:07

Another 5 million just been sold as a single clip, just another typical day! EI, you must be hurting now?

[roguetraderuk] 05/4/2022 11:48

got an upgrade yesterday from db but one of those upgrades i dont like, a valuation based one in large. usually thats never a trigger for a move. they talked about kgf having more exposure to the trade side which should hold up better than diy which they say is moderating but long term trend (in diy) being intact. they say pretax is expected to decline in 23 but move up in 24. trades on 8.5 times their 23 f/c.

if makes a lower low then likely to fill gap to 230. there youd be back in the realms of pre covid.

[essentialinvestor] 05/4/2022 11:42

Market saying profits warning on the way?, that's how it looks to me,
does not mean I am right obvs!.

[my retirement fund] 05/4/2022 09:06

quite a powerful down trend at the moment, those hold 5% of the company in short stock are making stupid sums of very easy money

[deanforester] 01/4/2022 11:04

I've added 20% to my holding today at 257p.

[roguetraderuk] 31/3/2022 19:38

anyone reporting may/jun/july would be using early q2 to warn imo.

[essentialinvestor] 31/3/2022 19:33

rogue, KGF has form on overshooting as per above examples.

The positive is a hefty cash balance (excluding lease liabilities)
and arguably a decent top team, possible Screwfix spin out.

But yes agree there is a big consumer hit underway.

Could be wrong but would expect guidance to be reduced, mentioned a couple
of weeks back around 22/23 pence on FY EPS may be more realistic -
that's still significantly below current consensus.


Macro outlook appeared relatively benign at the start of the year, what a difference in just a few weeks.

[roguetraderuk] 31/3/2022 19:18

H&M today was another reminder of how difficult things are in retail. the mkt will overshoot but its hard to know how bad things will get with bottom lines, therefore difficult to predict where the overshoot of the share price is.