Investors' Room :: BOOKER GROUP..... Ready For Take Off. - MoneyAM - Free Share Prices, Stock Quotes, Charts, News, Level2

goldfinger - 28 Jun 2009 11:59

Yearly Chart

Chart.aspx?Provider=EODIntra&Code=BOK&Si

Daily Intraday Chart

Chart.aspx?Provider=Intra&Code=BOK&Size=

BOK Booker just rising off the baseline of an uptrend channel with 40p minimum here on the cards and fairly quickish. Secondary indicators are also showing the stock ripe for a buy at the moment.

p.php?pid=chartscreenshot&u=boBsUSX71Ub2

p.php?pid=chartscreenshot&u=boBsUSX71Ub2

Fundies also support the Buy case all and every broker with a Buy reco on the stock and the company trades on a forard P/E of just over 12 to 2010 and beyond.

You cant get a much better SET UP than that on a stock both fundies and TA in cink with each other............ Nice.

Booker Group PLC

FORECASTS
2010 2011

Date Rec Pre-tax () EPS (p) DPS (p) Pre-tax () EPS (p) DPS (p)

Investec Securities
25-06-09 BUY 48.63 2.70 0.90 51.22 2.81 0.94

Singer Capital Markets Ltd
22-06-09 BUY 49.10 2.70 1.00 52.80 2.90 1.10

Evolution Securities Ltd
03-06-09 BUY 51.40 2.90 0.90 54.60 3.00 1.00

Shore Capital
22-05-09 BUY 46.00 2.60 0.90 51.00 2.80 0.90

2010 2011
Pre-tax () EPS (p) DPS (p) Pre-tax () EPS (p) DPS (p)

Consensus 48.86 2.70 0.90 51.72 2.84 1.00

1 Month Change 2.36 0.10 0.90 1.80 0.09 1.00
3 Month Change 4.06 0.22 0.02 2.76 0.14 0.04

GROWTH
2009 (A) 2010 (E) 2011 (E)

Norm. EPS 38.08% 3.19% 5.18%
DPS % 21.95% 11.11%

INVESTMENT RATIOS
2009 (A) 2010 (E) 2011 (E)

EBITDA 72.30m 74.86m 79.50m

EBIT 57.60m 61.29m 64.52m

Dividend Yield 2.11% 2.57% 2.86%

Dividend Cover 3.54x 3.00x 2.84x

PER 13.38x 12.96x 12.32x

PEG 0.35f 4.06f 2.38f

Net Asset Value PS -10.80p p p

goldfinger - 28 Jun 2009 12:17 - 2 of 441

Times article today.....

http://business.timesonline.co.uk/tol/business/industry_sectors/retailing/article6590979.ece

jimmy b - 28 Jun 2009 18:26 - 3 of 441

Hi GF ,i was reading that article this morning,does sound a good medium term play. I believe they have opened branches in India as well.

niceonecyril - 28 Jun 2009 21:50 - 4 of 441

Harry, surely they would have had to inforn us by now of any problems, they are using a lot of proven equipment, so i i remain opptomistic. Might top slice or even close my position depending on the SP and look to rejoin if any serious pullback, assuming successful 1st pour?
cyril

jimmy b - 01 Jul 2009 08:38 - 5 of 441

Admitted to the main list today..

goldfinger - 01 Jul 2009 14:46 - 6 of 441

How do Jimmy havent seen you for a while hope everythings going well.

Too hot here in Yorkshire.

BOK going well today though, a nice steady away type.

jimmy b - 01 Jul 2009 22:25 - 7 of 441

Doing fine GF, i moved out to Florida last year and am back in the UK for my mum's 80th birthday watching Wimbledon as well, Yes i like this one ,like you say steady away,good hold..Cheers .

goldfinger - 02 Jul 2009 07:21 - 8 of 441

Florida hey cant be bad Jimmy.

Youl need to keep your eyes of the sun tanned birds over there LOL or her indoors will get stroppy.

jimmy b - 08 Jul 2009 10:29 - 9 of 441

Booker like-for-like sales up 7.8%
Business Financial Newswire
Booker Group's total like-for-like sales in the 12 weeks to 19 June were up 7.8% on the same period last year.

Non-tobacco sales were up 10.4% while tobacco sales grew by 3.9%.

Profits and net debt remain in line with management expectations.

Chief executive Charles Wilson said: "Booker continues to make progress in a challenging market.

"We are helping 414,000 independent businesses compete by improving choice, having competitive prices and enhancing service.

"We look forward to continuing to help independent caterers and retailers prosper in a difficult economic environment."
..............................................................................................................

Very pleasing statement, i'm expecting the summer lull now probably sideways markets or even a small retrace i may buy a few more during the summer if these drop .....

jimmy b - 08 Jul 2009 16:36 - 10 of 441

Huge volume today ,can you shed any light on this GF ??..

jimmy b - 09 Jul 2009 14:20 - 11 of 441

Director selling after lock in period expired,says the Mail today although not Charles Wilson. So that explains the huge volumes yesterday and today...

jimmy b - 10 Jul 2009 17:01 - 12 of 441

Not a bad end to a week with huge volume..Looks like i'm here on my own ,you off on another one of your holidays GF ?? .

jimmy b - 11 Jul 2009 17:52 - 13 of 441

Looks like AXA took 7 million of those shares at 35p

goldfinger - 13 Jul 2009 12:29 - 14 of 441

Hi Jimmy

yep in Rhodes Town which is a little overcast.

Still in here but getting a little worried about the market in general.

Could be looking at 3825 ish on the FTSE hope not but it doesnt feel bulish in the markets at the moment.

jimmy b - 13 Jul 2009 15:01 - 15 of 441

I went there in 1984 ,i bet it's changed now..I'm expecting another drop as we had in October and again in March i think July /August will be another ,although a higher low ,,i'm not worried it will spike back up before xmas..
Have a good time GF..

jimmy b - 14 Aug 2009 11:43 - 16 of 441

Bit boring this one ,Are you still in GF ,do you know when they slid in to the FTSE 250..

lelael - 14 Aug 2009 12:07 - 17 of 441

jimmy, I dont think it has slid in yet, I read September somewhere, probably shares mag, lack of movement suggests it hasn't happened yet, been on my watchlist for a while.

jimmy b - 14 Aug 2009 12:43 - 18 of 441

Cheers lelael,, good run with EROS.

goldfinger - 14 Aug 2009 12:46 - 19 of 441

Been out for a bit Jimmy evens I think.

yep boring stock.

jimmy b - 20 Aug 2009 18:41 - 20 of 441

Breakout at last !!.....

irlee57 - 21 Aug 2009 09:04 - 21 of 441

you could be right......

jimmy b - 21 Aug 2009 09:17 - 22 of 441

Getting closer to the FTSE 250 maybe thats why ,may not rocket but steady as she goes will do..

irlee57 - 21 Aug 2009 09:33 - 23 of 441

My sentiments exactly.

Master RSI - 21 Aug 2009 09:55 - 24 of 441

Posted on the traders thread...below .......

KEEP an EYE

BOK 37.25 / 37.50p

Large volume yesterday and today with a rising trend and BREAKOUT after moving side ways for a while

----------------------------1 month with volume ---------------------------------------------- 5 month -------------------
Chart.aspx?Provider=EODIntra&Code=bok&Si

irlee57 - 21 Aug 2009 10:12 - 25 of 441

thanks for the charts.

jimmy b - 21 Aug 2009 23:57 - 26 of 441

BOK - Booker hosted an investors event Thursday where it highlighted improvements in its Cash & carry offering. Singer Capital Markets, already a fan of the stock, was suitably impressed.

Refits of Booker outlets are being done at a rate of around 30 a year and typically are paying back the cost of the improvements in 12 months. Sales uplifts are adding c0.75% to LFL [like-for-like] sales currently, as well as supporting a better margin mix. Plans to grow the Delivered side of the business are also compelling, Singer said.

Although the shares are up 40% over the last year Singer believes there is more juice to be squeezed out of the share price. The debt situation is improving and, notwithstanding the possibility of acquisition activity, Booker should be able to pay down its remaining debt with in the next two years.

mitzy - 24 Aug 2009 07:49 - 27 of 441

Has this been tipped by Nakedtrader..?

lelael - 24 Aug 2009 08:09 - 28 of 441

nice 2,000,000 late trade from friday showing this morning, almost certainly a buy.

jimmy b - 24 Aug 2009 08:11 - 29 of 441

Yes i think it has ,anyway another up day would be nice ,i've been sitting on this going nowhere for a couple of months..

jimmy b - 24 Aug 2009 08:14 - 30 of 441

this is on the naked trader website....

"Booker (BOK) has got to be one of the most boring shares I ever bought having been stuck close to my buying price of 34 for so long I can't remember it not being 34! However yesterday at last it showed signs of breaking out so I topped up on the break getting another 10,000 at 35.5 - another reason for the top up were some substantial buyers around which were lifting the price. And of course the reason I bought in the first place - it's moved to the main market from AIM and will definitely be in the FTSE 250 in the September reshuffle which will see fund buy in. Target 45 stop 33. It's going up again today. It's never going to be fireworks here but could be a slow steady climber."

jkd - 24 Aug 2009 13:29 - 31 of 441

jb
sounds just like the sort of stock i like.( which it is) i havnt added as am already in and have also already added. have enough for now.
just sitting now. good luck.
regards
jkd
ps i seem to have "lost" those charts of mrsi. anyone else? what happened?

jkd - 24 Aug 2009 13:30 - 32 of 441

oops
their back.dont know what happened there.
regards
jkd

jimmy b - 24 Aug 2009 13:40 - 33 of 441

jkd ,slow burner but fairly solid ,lets hope the FTSE holds up as we go in the ftse 250, Cheers ..

HARRYCAT - 24 Aug 2009 13:46 - 34 of 441

Target price? I see 45p is the first stop. In 12 months time......?
The worry is that this is a sector which can be hard hit in a recession.

jkd - 24 Aug 2009 14:42 - 35 of 441

HC
a couple of good points. im not worrying about how high it might go or where it might be in 12 months time. i'm only worried about not making a loss. look after the pennies and the pounds will look after themselves, some you win some we dont, i only add if my first trade is in profit. that makes it a little easier to not make an overall loss, still not easy though.
good luck
regards
jkd

jimmy b - 24 Aug 2009 15:44 - 36 of 441

HARRY ,wer'e already in a recession.. :-)

goldfinger - 24 Aug 2009 15:51 - 37 of 441

Back in.

jimmy b - 24 Aug 2009 15:54 - 38 of 441

Looks like you might get your 40p next month GF ...

HARRYCAT - 24 Aug 2009 16:34 - 39 of 441

Ah, that's what all the fuss is about jb!
It was badly expressed by me. What I meant was that when results are announced they will reflect the effects of a recession for a while to come, imo.
I do hold this stock but am looking for a reasonably quick return. Just hope NT is right with the 45p target.

goldfinger - 24 Aug 2009 16:39 - 40 of 441

Hope so jimmy and harrys 5p on top.

jimmy b - 24 Aug 2009 17:11 - 41 of 441

Agree Harry a quick return would be nice, i sort of like Charlie Wilson reducing debt etc, i'm hoping their results will be good... 45p would be nice GF..

lelael - 27 Aug 2009 12:56 - 42 of 441

Shares mag pushing this one again today and the price seems to moving up

jimmy b - 27 Aug 2009 14:18 - 43 of 441

September 9th is the move in to the FTSE 250..

irlee57 - 27 Aug 2009 14:37 - 44 of 441

thanks jimmy b for that info.

HARRYCAT - 27 Aug 2009 14:56 - 45 of 441

Shares Mag:
"An increase in both Brits holidaying in the UK and rising numbers of tourists from abroad should benefit Booker (BOK), the growing cash and carry group. Investors would do well to buy ahead of the first-half results due on 17 September.
The growing popularity of the staycation among UK holidaymakers and growing numbers of overseas visitors attracted by sterlings weakness will have boosted Bookers catering customers. The 548 million cap will also get a technical boost from institutional buying once entry to the FTSE 250 is confirmed on 9th September when
FTSE Group is due to announce quarterly index changes. Julys first-half trading update confirmed sales momentum was growing strongly, with total sales up by 7.8%.
Non-tobacco sales were ahead by 10.4% and there was a 3.9% increase in tobacco
sales. The growth in tobacco compared to a fall of 3.2% in the first half of
last year and reflects a decline in the grey market as sterlings weakness has
meant fewer illegal imports. Booker is going to open a number of depots in India.
The interim statement will include an update on progress.
Nicola Mallard of house broker Investec was initially forecasting the group to enjoy 5% sales growth this year. Following the trading update Shares would expect her to revise her forecast upwards. Shares says: Sterlings weakness and recession playing into Bookers hands.
Buy at 36p"

jimmy b - 27 Aug 2009 16:53 - 46 of 441

irlee57 your welcome...

Well come on Booker it all points to a nice rise, i'm not giving up on this one it's dam well going to fly !!....
Or maybe tick up slowly.

jimmy b - 29 Aug 2009 14:17 - 47 of 441

From the Independant today

"Booker shares have been helped by favourable comments from stockbroker Singer Capital Markets. It reckons that the shares are a buy, and says the group's programme of warehouse facelifts is increasing sales and margins. Plans to grow the delivery side are "compelling"and, assuming only "limited" acquisitions, debts could be wiped out in two years, adds the broker."

lelael - 04 Sep 2009 13:49 - 48 of 441

suggestion on another website that this will not enter FTSE 250 this time, does anyone hear have access to that information ,

Clubman3509 - 04 Sep 2009 14:45 - 49 of 441

Was supposed to be a dead cert for FTSE 250 entry

Clubman3509 - 04 Sep 2009 14:51 - 50 of 441

Don't know if this helps
249 BOK Booker Group 35.50 529.5

jimmy b - 04 Sep 2009 15:04 - 51 of 441

Yes thanks for that Clubman..

Clubman3509 - 04 Sep 2009 15:50 - 52 of 441

If it does not get a lift up in the next few days I fear is may just miss out on FTSE 250 entry I bought yesterday at 35 so hopefull it moves up.

lelael - 04 Sep 2009 15:58 - 53 of 441

Thank you Clubman for link, I hold booker and have had Indus Gas (INDI) on my watchlist for a while which appears on this list as well, interesting.

Clubman3509 - 05 Sep 2009 18:15 - 54 of 441

Friday Booker fell just outside by one place it must go higher next week otherwise it will fail to enter the FTSE 250 then it will fall IMHO.
Close 04/09/2009 Postition 251 BOK Booker Group 35.75 533.2

Clubman3509 - 07 Sep 2009 16:05 - 55 of 441

Some big buys today lets hope it gets in the 250 as I think Tues is the last day

jimmy b - 07 Sep 2009 16:47 - 56 of 441

Yes there was and tomorrow is the last day ,wed 9th is entry day ,whatever happens i like this stock..

jimmy b - 08 Sep 2009 10:45 - 57 of 441

Here we go !!

Clubman3509 - 08 Sep 2009 10:59 - 58 of 441

Looking good today jimmy

irlee57 - 08 Sep 2009 11:08 - 59 of 441

very good,

jkd - 08 Sep 2009 11:36 - 60 of 441

boring and patience is very good.i try not to get too bullish when boring stops being so.
im not adding again YET. although often the boring followed by the not so boring confirms that accumulation has been completed.( the reverse on a downside move, i.e. distribution) just my opinion. as always dyor.
regards
jkd

jimmy b - 08 Sep 2009 11:37 - 61 of 441

Now where are we going with this 40p today ?

HARRYCAT - 08 Sep 2009 11:46 - 62 of 441

Just a reminder. Results thurs 17th Sept.

Clubman3509 - 09 Sep 2009 08:16 - 63 of 441

Yes Booker entered the FTSE 250
246 BOK Booker Group 38.50 574.2

ABR is demoted from the FTSE 250
AVE is promoted to the FTSE 250
BBY is demoted from the FTSE 100
BOK enters the FTSE 250
DIG is demoted from the FTSE 250
EUK is demoted from the FTSE 250
FRCL is demoted from the FTSE 100
FSJ is demoted from the FTSE 250
GSDO+GSDE is demoted from the FTSE 250
IMG is promoted to the FTSE 250
IPF is promoted to the FTSE 250
LAM is promoted to the FTSE 250
LMS enters the FTSE Small Cap
MCHL is demoted from the FTSE 250
NTG is promoted to the FTSE 250
NVA is demoted from the FTSE 250
OIH enters the FTSE Small Cap
PAG is promoted to the FTSE 250
PNN is demoted from the FTSE 100
RTO is promoted to the FTSE 100
SDL is demoted from the FTSE 250
SGR enters the FTSE Small Cap
SGRO is promoted to the FTSE 100
SMP is promoted to the FTSE 250
TNI is promoted to the FTSE 250
TRMA is demoted from the FTSE 250
WTB is promoted to the FTSE 100

* FTSE Ground Rules state that cumulativ

jimmy b - 09 Sep 2009 08:32 - 64 of 441

Brilliant ,should start to tick up slowly now ,i was hoping for a bit more yesterday .
Boring and steady..

HARRYCAT - 09 Sep 2009 08:50 - 65 of 441

Just as a matter of interest, what's the advantage of FTSE250 status? I understand that FTSE100 status means that the tracker funds are obliged to follow the stock, but FTSE250.....?

Clubman3509 - 09 Sep 2009 08:56 - 66 of 441

As far as I know Institutional investers would buy

Shares mag 27/09/09
The 548 million cap will also get a technical boost from institutional buying once entry to the FTSE is confirmed on Sept 9

jimmy b - 09 Sep 2009 09:23 - 67 of 441

Clubman looking at the date of your share mag above you seem to be able to see in to the future, if thats so could we be friends and trade shares together.. :-)

Clubman3509 - 09 Sep 2009 09:36 - 68 of 441

Sorry should have been 27/08/09

Excited this morning with a big gain in my Yell stock

lelael - 09 Sep 2009 11:22 - 69 of 441

Goldfinger, would it be possible to update the chart in the header please or even better a live chart if possible, thanks in advance

goldfinger - 09 Sep 2009 11:35 - 70 of 441

Will do.

jimmy b - 16 Sep 2009 11:28 - 71 of 441

Is that some nice buys i see ahead of results ?

Clubman3509 - 16 Sep 2009 12:47 - 72 of 441

UP 4.67% Today Jimmy

Wonder why Money am is not showing pending results in forward diary.

lelael - 16 Sep 2009 12:54 - 73 of 441

We must break thro 40p soon.

Clubman3509 - 16 Sep 2009 12:57 - 74 of 441

Booker initiated as buy at KBC Peel Hunt, target price 45p.

lelael - 16 Sep 2009 13:20 - 75 of 441

There she goes 40p, now will it stay there ?

jimmy b - 16 Sep 2009 13:20 - 76 of 441

Also just saw the first sell go through at 40p .

jimmy b - 16 Sep 2009 13:21 - 77 of 441

Snap lelael :-)

lelael - 16 Sep 2009 13:27 - 78 of 441

;-)

lelael - 16 Sep 2009 13:35 - 79 of 441

I know very little about the history of this company, but am very excited about any companies with an Indian connection, as this has, the Sensex just keeps going up and up. I am still uncertain as to our FTSE 250 position, a reliable poster on ADfVN suggested we were not in, can anyone advise?

jimmy b - 16 Sep 2009 14:24 - 80 of 441

Clubman put up the list above thats all i'm going on , think i'll do some checking .
Dropped back a bit now always does that..

HARRYCAT - 16 Sep 2009 14:27 - 81 of 441

I have had a look but many of the lists on the financial websites haven't yet been updated. Still looking...............

skinny - 16 Sep 2009 14:43 - 82 of 441

I don't think it is in 250/350 - http://www.moneyextra.com/stocks/atoz_b/

jimmy b - 16 Sep 2009 14:49 - 83 of 441

No,, i just went on the London Stock Exchange website and it is not coming up in the FTSE 250...

lelael - 16 Sep 2009 15:01 - 84 of 441

Thanks everyone for the feedback.

skinny - 17 Sep 2009 07:42 - 85 of 441

Booker Group plc

Quarter Two Trading Update and Notification of Interim Results Announcement

In the 12 weeks to 11 September 2009 total and like-for-like sales rose by 7.6% on the same period last year (prior year: +2.8%). Non-tobacco like-for-likes rose by 8.5% (prior year: +5.3%), while like-for-like tobacco sales increased by 6.2% (prior year: -1.1%).

Total and like-for-like sales in the 24 weeks to 11 September 2009 were up by 7.7% (prior year: +1.1%). Like-for-like non-tobacco sales rose by 9.4% (prior year: +4.1%), while like-for-like tobacco sales increased by 5.1% (prior year: -3.2%).

Net debt at the half year end was around 4m, compared to 28.9m a year ago and 24.9m at

27 March 2009.

Profits for the full year remain in line with management expectations. The interim results will be announced on 13 October 2009.

Charles Wilson, Booker Chief Executive, said:

'Booker is helping more customers compete by improving our choice, prices and service . Our customer numbers have increased and customer satisfaction has improved, resulting in stronger Booker sales. We look forward to continuing to help independent caterers and retailers prosper in the difficult economic environment.'

Booker Group plc will announce interim results for the 24 weeks to 11 September 2009 on Tuesday 13 October 2009. A presentation for analysts will be held at 08:30 on Tuesday 13 October. For details call Lucy Legh at Tulchan Communications on 020 7353 4200.

Clubman3509 - 17 Sep 2009 08:07 - 86 of 441

Good start to the day SP up 7.59% hope it keeps up

jimmy b - 17 Sep 2009 08:57 - 87 of 441

Like the Trading Update , sales up ,reduced debt again ,all positive..

Clubman3509 - 17 Sep 2009 10:03 - 88 of 441

Like others I do not seem to be able to confirm Booker entry to the FTSE 250 I have just contacted The Share Centre and they do not know. Maybe I will call the LSE

2517GEORGE - 17 Sep 2009 12:59 - 89 of 441

Nice reduction in debt from 28.9m to around 4m and improving sales.
2517

2517GEORGE - 17 Sep 2009 13:27 - 90 of 441

Looking at the annual results to last march debt was reduced by 47% to the then 28.9m so at this rate BOK should be quite flush with cash by next march. The divi (although small) was increased by 62%, and profits were up 30% and that was with a decrease in tobacco sales, which has now reversed. All in all bodes well for the future.
2517

jimmy b - 20 Sep 2009 15:43 - 91 of 441

http://www.thisismoney.co.uk/investing/share-tips-and-fund-tips/article.html?in_article_id=490903

jimmy b - 20 Sep 2009 19:08 - 92 of 441

Should give it a good start to the week....

goldfinger - 20 Sep 2009 20:37 - 93 of 441

Good article Jimmy.

Clubman3509 - 21 Sep 2009 07:47 - 94 of 441

Good post Jimmy. Hope it does

jimmy b - 21 Sep 2009 08:26 - 95 of 441

Yes it was encouraging ,,,some good buying this morning as well .Wonder if it will hold the gains today .

skinny - 21 Sep 2009 08:32 - 96 of 441

Tucked a few more away this morning @42.18.

Clubman3509 - 21 Sep 2009 08:57 - 97 of 441

FTSE pulling back Booker early rise

goldfinger - 21 Sep 2009 09:23 - 98 of 441

About the only thing thats blue for my traders.

Looks like the onset of the general market correction everyone as been talking about.

Hoping its only about 5% to 10% .......... and quick.

2517GEORGE - 28 Sep 2009 11:27 - 99 of 441

Whilst prospects look good for BOK, sp progress is woefully slow and with a market pullback expected (mid october imo) I have sold mine this am for a miniscule profit.
2517

jimmy b - 01 Oct 2009 18:46 - 100 of 441

Still up and on a bad day ...George it is a slow mover but not all over the place,,,,this one is the only one i havn't sold or traded in volatile times...

jimmy b - 08 Oct 2009 14:11 - 101 of 441

http://http://uk.reuters.com/article/idUKLNE59502420091006

Another buy rec for BOK............

jimmy b - 08 Oct 2009 21:58 - 102 of 441

Looks like i'm on my own here now ,quite happy.

skinny - 09 Oct 2009 08:18 - 103 of 441

You are not alone!

HARRYCAT - 09 Oct 2009 08:22 - 104 of 441

I think a lot of people taking profits atm, just in case there is a big correction.
Regret to say I sold my holding in this (& a number of others) last week, so will look to get back in if there is a pull back. Good luck jimmy, but don't lose your profit.

jimmy b - 09 Oct 2009 08:26 - 105 of 441

Well done skinny , thought everyone had sold out ,,,do you have a target ??.......HARRY ,i'm not invested as much as i would like however you have to be in it to win it ,and im not sure there will be a big crash................... have a target for this though of 45p .

HARRYCAT - 09 Oct 2009 08:31 - 106 of 441

Just noticed interim results are due tues 13th Oct.
Not sure what to expect.

skinny - 09 Oct 2009 08:32 - 107 of 441

Jimmy - no target as such - for me probably a long(er) term hold - unless they hit a quid of course :-)

Clubman3509 - 10 Oct 2009 03:18 - 108 of 441

Im still in BOK Jimmy, in Thailand at the moment with poor internet access.

jimmy b - 10 Oct 2009 14:13 - 109 of 441

Oh thats good im not alone then ,,, i'm going back to Florida at the end of October,,,can't wait get away from all this rain.

jtoney - 10 Oct 2009 14:23 - 110 of 441

im going for this to be around 48p at some point next month.

skinny - 12 Oct 2009 14:27 - 111 of 441

Interims tomorrow.

jkd - 12 Oct 2009 14:40 - 112 of 441

thanks s
i had this down as a further add today but decided to wait. maybe interims might reveal reasons for recent movement, i still like the look of the chart long term and am still holding. jb you are not alone.
regards
jkd

jimmy b - 12 Oct 2009 16:22 - 113 of 441

One minute i thought i was alone and now its like a party. Good day again today.

jkd - 12 Oct 2009 16:38 - 114 of 441

jb
you are never alone on a good day, dont you know that by now?
i always post my ins and outs. not all of them as i have quite a few. but if i post my ins on any share i always try to post later, be it in or out, be it profit or loss i always own up to it,
as of today avis +bt. i think i am now up to date.ive already explained my reasons for holding bok
regards
jkd

skinny - 12 Oct 2009 16:38 - 115 of 441

Closed at 12 month high - may be interesting tomorrow!

jimmy b - 12 Oct 2009 17:17 - 116 of 441

Well as we are being so honest ,i had a target of 45p that was hit today ,but i'm reluctant to sell for several reasons .Anyone else got any targets for this one ?

chakli - 12 Oct 2009 17:23 - 117 of 441

its a solid boring stock to hold sold half at 44.75 .will add on dips .with its indian branches growth prospects

skinny - 12 Oct 2009 18:27 - 118 of 441

Jimmy - I meant it closed at high - not me :-)

jkd - 12 Oct 2009 19:08 - 119 of 441

i try not to have targets,
but for those that do, then if it hits them "take it" otherwise why have them?
just my opinion
regards
jkd

jimmy b - 12 Oct 2009 22:53 - 120 of 441

skinny that was the 80's and 90's ..

skinny - 12 Oct 2009 23:33 - 121 of 441

Jimmy - if you read my post - it says closed at 12 month high - here is a chart

Chart.aspx?Provider=EODIntra&Code=BOK&Si

HARRYCAT - 12 Oct 2009 23:34 - 122 of 441

jkd, if you don't have targets, how do you set yourself a strategy? No critisism intended, but a target gives you a set %age profit to aim for. Once that target is reached you can then reasses the position, but without a target what do you aim for?
Nice gentle chart with few 'too far, too fast' spikes. Lots of potential imo & worth holding.

skinny - 13 Oct 2009 07:57 - 123 of 441

Interim results

Financial Highlights

Total sales 1.6 billion, +7.7%

Like-for-like sales in the half were:

non-tobacco +9.4% (2008: +4.1%)

tobacco +5.1% (2008: -3.2%)

total +7.7% (2008: +1.1%)

Like-for-like sales to caterers were +12.6% (2008: +4.7%) and to retailers +5.5% (2008: -0.5%)

Operating profit +13.1% to 34.5m (2008: 30.5m)

Profit before tax +12.1% to 29.7m (2008: 26.5m)

Profit after tax +12.3% to 24.7m (2008: 22.0m)

Basic earnings per share +12.2% to 1.66 pence (2008: 1.48 pence)

Net debt down to 4.0m (2008: 28.9m)

Interim dividend up 20% to 0.24 pence per share (2008: 0.2 pence)

Operating Highlights

Customer satisfaction for choice, price and service continues to improve

Conversion of another 10 branches into the 'Extra' format, taking the total number of 'Extra' branches to 81. An additional 14 are planned for the second half

Internet sales +88% to 180.8m (2008: 96.4m)
Booker Direct is making good progress

We have opened a branch in Mumbai, India

Completion of the move from AIM to the Official List of the London Stock Exchange on 1 July 2009

jkd - 13 Oct 2009 10:56 - 124 of 441

HC
you are quite right about needing a target to assess potential risk/reward etc.my comment was about not setting a rigid take profit level as i try to follow and hold on to profits with a trailing stop loss. sorry if i misunderstood Jb's post and didn't make it clear in my own post. i hope this clarifies it. in the mean time i agree with your other comments,down a bit today but i still like this stock at present. good luck to all .
regards
jkd

jimmy b - 13 Oct 2009 12:31 - 125 of 441

Yes i could have sold for 45.5p at one point yesterday ,however i want some quality stocks to hold and for the moment i still think this is in that bracket.

HARRYCAT - 13 Oct 2009 13:48 - 126 of 441

Business Financial Newswire
Food wholesaler Booker said total sales were up 7% at 1.6bn for the 24 weeks ended 11th September, up 1.1% on a like-for-like basis. Pretax profit was up 12.1% to 29.7m (2008: 26.5m) and the interim dividend was raised 20% to 0.24p per share.

Non-tobacco like-for-like sales in the half were up 9.4% and tobacco like-for-like sales ahead 5.1%.

Like-for-like sales to caterers were 12.6% better (2008: 4.7%) and to retailers up 5.5% (2008: -0.5%).

Internet sales jumped 88% to 180.8m (2008: 96.4m).

Operating profit rose 13.1% to 34.5m (2008: 30.5m).

Profit before tax was up 12.1% to 29.7m (2008: 26.5m) and profit after tax up 12.3% to 24.7m (2008: 22.0m).

Basic earnings per share rose 12.2% to 1.66p (2008: 1.48p).

Net debt was reduced to 4m from 28.9m in the prior year.

Interim dividend up 20% to 0.24 pence per share (2008: 0.2 pence)

Booker said it converted another 10 branches into the 'Extra' format, taking the total number of 'Extra' branches to 81. An additional 14 are planned for the second half.

Group turnover in the first period of the second half is ahead of the same period last year. Working capital levels and costs are in line with plan. Overall, Booker continues to trade in line with management expectations.

Booker Group will announce its Q3 Interim Management Statement for the 16 weeks to 1st January 2010 on 14th January 2010."

jimmy b - 14 Oct 2009 13:23 - 127 of 441

Nice and steady up and down for months, and then tanks after great results and the FTSE/DOW flying . Typical stock market .

HARRYCAT - 14 Oct 2009 13:27 - 128 of 441

By on rumour, sell on fact. Touching the 25 DMA so hopefully support there.
Am tempted to buy back in now as med term this looks to be a good stock, imo, assuming the bottom of the recession has been reached.

Clubman3509 - 17 Nov 2009 12:51 - 129 of 441

SP today 47.5 Well it goes on and on, up and up, fantastic

HARRYCAT - 17 Nov 2009 13:01 - 130 of 441

Buy rating in Shares mag this week, partly due to the store they have opened in Mumbai being the start of a new, huge market.

jimmy b - 17 Nov 2009 13:58 - 131 of 441

Oh dear, i sold the second time it reached my target... Still did well for holding a few months.

Clubman3509 - 16 Dec 2009 10:07 - 132 of 441

Wow Booker today BUYS 16,746.000 SELL 161 SOMETHING HAPPENING happy I am still in.

lelael - 16 Dec 2009 12:42 - 133 of 441

more large trades going through now

Clubman3509 - 16 Dec 2009 12:47 - 134 of 441

Pity they are sells

lelael - 16 Dec 2009 12:54 - 135 of 441

I've given up trusting that buy/sell automatic readout.

lelael - 17 Dec 2009 10:50 - 136 of 441

Clubman, if you are online now, have a look at the trades, all those 2541 trades, they change from red to blue, that can't be accurate

Clubman3509 - 18 Dec 2009 16:48 - 137 of 441

Some massive buys again today. Confused with this as there is no news.

skinny - 06 Jan 2010 12:07 - 138 of 441

Booker Group plc will announce its Quarter Three Interim Management Statement
for the 16 weeks to 1 January 2010 on 14 January 2010.

HARRYCAT - 06 Jan 2010 16:08 - 139 of 441

Hmmmm.... sp gone flat, so presumably expecting 'in-line with expectations' figures?
Could go either way, imo. Currently not holding & think I may wait for the data.

lelael - 07 Jan 2010 09:38 - 140 of 441

still holding, this one was never going to be very exciting, but I see no reason why we shouldn't have a steady rise in 2010, hopefully !!!!

Clubman3509 - 07 Jan 2010 09:51 - 141 of 441

Good little earner. I see no need to sell, in fact any dip would IMHO be a good buying oppertunity.

skinny - 08 Jan 2010 10:37 - 142 of 441

L&G increase holding to 3.06%

skinny - 14 Jan 2010 08:48 - 143 of 441

Q3 Interim Management Statement

RNS Number : 5137F
Booker Group PLC
14 January 2010

Booker Group plc

Quarter Three Interim Management Statement

In the 16 weeks to 1 January 2010 total and like-for-like sales rose by 6.7% on
the same period last year (prior year: +2.7%). Non-tobacco like-for-likes rose
by 6.0% (prior year: +5.0%), while like-for-like tobacco sales increased by 7.9%
(prior year: -0.9%).

Although the catering and retail markets had a competitive Christmas, Booker
grew non-tobacco sales by 6.0% through improving choice, price and service.
Customer numbers increased and the average spend per customer improved.
Following improvements to the range, fresh departments did particularly well
with fruit and vegetables up 59% and meat up 20%. Tobacco sales growth was
partly due to UK consumers purchasing more UK duty paid tobacco and partly due
to Booker increasing share in the UK wholesale market. Profits and net debt
remain in line with management expectations.

Our performance in India is encouraging. Customer numbers and spend levels are
good. There is a lot to do in Mumbai and there will be setbacks, however the
customer response is excellent. We are increasingly confident that Booker can
serve the Kirana stores, street traders, caterers and suppliers of India. We
will provide an update on our operations in India with the full year results on
20 May 2010.

Charles Wilson, Booker Chief Executive said:

"Booker continues to make good progress, with both customer numbers and customer
satisfaction improving further. As a result of our continued focus on choice,
price and service, like-for-like sales increased by 6.7%. We look forward to
continuing to help our customers compete in the months ahead."

HARRYCAT - 14 Jan 2010 08:54 - 144 of 441

Looks good, but wouldn't be surprised to see this trade sideways for the next 3 months. Finals should see more interest from investors, imo.

Clubman3509 - 22 Jan 2010 12:26 - 145 of 441

Topped up today

skinny - 09 Mar 2010 14:36 - 146 of 441

Booker Group plc will announce its Fourth Quarter Update on 1 April 2010.

No fooling!

Clubman3509 - 09 Mar 2010 17:06 - 147 of 441

Director Deals - Booker (BOK)
BFN
Karen Jones, Non Executive Director, bought 50,000 shares in the company on the 9th March 2010 at a price of 44.00p. The Director now holds 100,000 shares.
NOTE:
Story provided by Business Financial Newswire

jkd - 23 Mar 2010 18:01 - 148 of 441

s
thanks for that. chart looks sideways/ toppy at moment. indecisive in my opinion.
maybe thats why? i.e. the results will show us the way. not long to wait. i'm still holding
regards
jkd

lelael - 01 Apr 2010 09:44 - 149 of 441

Results out today, large volume, two large sells (total 2.500000) at 9.32 had no effect on the price, interesting !!

Clubman3509 - 01 Apr 2010 10:55 - 150 of 441

10 million buys. 19 million sells strange not much movement either way.

jkd - 07 Apr 2010 02:12 - 151 of 441

added today, or is that yesterday? anyway happy to accumulate slowly,for long term, will dump fast at cummulative cost plus a bit. i like this stock.
regards
jkd

jkd - 07 Apr 2010 02:44 - 152 of 441

should have said i added by averaging UP today for i never average down.
regards
jkd

jkd - 10 May 2010 00:18 - 153 of 441

save the best till last?
this should have "gone" a while ago. i have held on because i like it. foolish? probably.
it may well cost me, but i did buy and add at much lower levels, LOL should know better.
my protective stop has been lowered, but never again. LOL.
regards
jkd

Clubman3509 - 10 May 2010 06:43 - 154 of 441

Watch it rise today.

skinny - 20 May 2010 07:54 - 155 of 441

Preliminary Results.

Financial Highlights

Total sales +6.5% to 3.4bn (2009: 3.2bn)

Like for like sales +6.5%:

- non-tobacco +6.9% (2009: +5.7% )

- tobacco +5.8% (2009: -1.5% )

- sales to caterers +9.1% (2009:+7.0%)

- sales to retailers +5.3% (2009: +1.0%)

Operating prot +15.2% to 66.6m (2009: 57.8m)

Operating margins +0.15 percentage points to 1.97% due to better product mix and tight cost control (2009: 1.82%)

Prot before tax +21.2% to 57.2m (2009: 47.2m)

Prot after tax +21.4% to 47.6m (2009: 39.2m)

Basic earnings per share +21.3% to 3.19 pence (2009: 2.63 pence)

Net cash of 7.0m (2009: net debt of 24.9m)

Proposed final dividend of 1.03 pence per share (2009: 0.67 pence per share) making a total dividend for the year of 1.27 pence per share, up 46.0% on 2009 (2009: 0.87 pence per share)

Clubman3509 - 20 May 2010 10:54 - 156 of 441

Nice one for Clubby's mongering pot. Think this one will go even further with the World Cup pending.

Clubman3509 - 28 May 2010 15:21 - 157 of 441

75,000,000 sells and most are Directors something up. Maybe they are all getting divorced and need the cash.

Clubman3509 - 22 Jul 2010 10:35 - 158 of 441

Forgot I had this one

jkd - 30 Jul 2010 23:52 - 159 of 441

i see it wasnt so boring today.
regards
jkd

jkd - 05 Sep 2010 17:11 - 160 of 441

another boring month gone by. suits me.
now looks to me as if it is getting ready to"pop" upwards. do hope so. but still has lots of overhead resistance in 46sh area to overcome.
just my opinion and as always please dyor.
regards
jkd

skinny - 16 Sep 2010 09:00 - 161 of 441

Interim Results.

Total sales in the 12 weeks to 10 September 2010 rose by 6.1% on the same period last year. Non-tobacco sales were 6.2% higher, while tobacco sales rose by 5.9%. On a like-for-like basis total sales rose by 5.9%, non-tobacco sales by 5.9% and tobacco sales by 5.9%. Fresh departments performed particularly well with fruit and vegetable sales up 46% and meat up 10%.

Total sales in the 24 weeks to 10 September 2010 rose by 5.5% on the same period last year. Non-tobacco sales were 5.3% higher, while tobacco sales rose by 5.7%. On a like-for-like basis total sales rose by 5.3%, non-tobacco sales by 5.1% and tobacco sales by 5.7%. During the period Booker was voted 'best cash and carry for caterers' and 'best cash and carry for retailers' in a survey of independent businesses conducted by him!, the retail research consultancy. We were also awarded 'Wholesaler of the Year' by The Grocer magazine.

As at 10 September 2010 net cash was 10.1m versus net debt of 4.0m a year ago. The business is performing in line with management expectations and the outlook for the year as a whole remains unchanged. The interim results will be announced on 14 October 2010.

jkd - 05 Oct 2010 16:31 - 162 of 441

ref my post no.160
seems we got the "pop" up that i had hoped for and it has now taken us also thro that 46sh resistance level that i mentioned. the next major resistance being the 50sh level, which i didnt mention in my previous post. now toying with it. will it wont it? i dont know.
just know i'm still long and holding with trailing stop loss based on a mixture of TA and money management. i stiil like this stock.not so much that i will let it bite me, if i can prevent it that is.
regards and good luck.
jkd

skinny - 14 Oct 2010 07:28 - 163 of 441

Interim Results

Financial Highlights

Total sales 1.7 billion, +5.5%

Like-for-like sales in the half were:

- non-tobacco +5.1% (2009: +9.4%)

- tobacco +5.7% (2009: +5.1%)

- total +5.3% (2009: +7.7%)

Like-for-like sales to caterers were +6.4% (2009: +12.6%) and to retailers +4.8% (2009: +5.5%)

Operating profit +13.6% to 39.2m (2009: 34.5m)

Profit before tax +24.2% to 36.9m (2009: 29.7m)

Profit after tax +22.7% to 30.3m (2009: 24.7m)

Basic earnings per share +22.3% to 2.03 pence (2009: 1.66 pence)

Net cash 10.1m (2009: net debt 4.0m)

Interim dividend up 12.5% to 0.27 pence per share (2009: 0.24 pence)

skinny - 07 Dec 2010 15:50 - 164 of 441

Slowly slowly.

jkd - 17 Jan 2011 16:26 - 165 of 441

added a few more today.still accumulating.
could be wrong so pleae dyor
regard
jkd

jkd - 16 Feb 2011 20:33 - 166 of 441

yep skinny, re your post 164
looks like i may have added at a "not very good timing".like errm at the top of a retracement. at least i hope this is what it is.
i still like em and so am still holding my accumulation. under 48sh and i would still be well in profit but not happy.
regards
jkd
edit thought i'd post when price is falling rather than waiting until it starts going up as so many seem to do.

Bernard M - 28 Feb 2011 15:24 - 167 of 441

Does not seem able to hold 60p

jkd - 03 Mar 2011 00:14 - 168 of 441

BM
agree with you. but then it never did, at least not on the current move up from its lows.
its rather difficult to hold on to something that one never held in the first instance. now if you had said 48sh or 36sh i could understand for it has held onto both of them thus far.
regards and good luck
jkd

Bernard M - 03 Mar 2011 08:07 - 169 of 441

I feel BOK will break the 60p soon and then 70p + Good stock.

jkd - 28 Mar 2011 18:45 - 170 of 441

nice to see price back to where i last topped up. i am tempted to add more but shall refrain.will wait to see weekly and monthly close price.looks to me like another "pop"up coming but could be wrong so please dyor.
regards
jkd

Bernard M - 29 Mar 2011 07:04 - 171 of 441

Results Thursday, I have topped up Monday.

Bernard M - 30 Mar 2011 18:58 - 172 of 441

Brokers' Notes

Evolution Securities maintained its "buy" rating for Booker Group (BOK), the cash and carry operator, with a 60p target price. Commenting ahead of the fourth quarter trading update tomorrow, the broker believes the group offers an appealing long term investment opportunity. Sustained market share gains offer growth opportunities in traditional cash and carry markets, Evolution added, while a shrewd shift towards food service offers growth opportunities in alternative markets. Booker shares moved up 0.1p to 59.7p.

Bernard M - 31 Mar 2011 10:53 - 173 of 441

Nice little rise on good results. 70 here we come.

Bernard M - 04 Apr 2011 12:27 - 174 of 441

Business big shot: Charles Wilson
Emily Ford
The Times
Published: 01 April 2011
Movers and Shakers

...Booker Group Salary 510,000 Charles Wilson must relish proving the doubters...positively overflowing. Yesterday Mr Wilson, who saved the business from extinction...cent in the fourth quarter. Mr Wilson started his career at Procter...
Business big shot: Charles Wilson of Booker Group
Tom Bawden
The Times
Published: 29 May 2009
Movers and Shakers

Charles Wilson, chief executive of Booker Group, the...to the market price.Those who know Mr Wilson, 43, say he is hard-headed and has a steely focus on work.Mr Wilson undeniably has a great track record...

jkd - 05 May 2011 14:24 - 175 of 441

seems to be trying very hard to penetrate that 60sh level and pop up.
weak market may have some say.still holding.
we shall see in due course. good luck.
regards
jkd

Bernard M - 05 May 2011 14:37 - 176 of 441

Money in the bank.

Bernard M - 06 May 2011 08:28 - 177 of 441

Go on Booker up up and away.

jkd - 06 May 2011 17:21 - 178 of 441

we seem to have got that pop up. nice weekly close.
bit concerned about todays daily gap up, from a long term point of view that is,but
not from short term.
i'm still holding and still cautious as always. no cheering it
i prefer boring.
regards
jkd

Bernard M - 06 May 2011 17:26 - 179 of 441

70p coming

jkd - 06 May 2011 17:45 - 180 of 441

at 70psh i shall have to consider taking some of my profits, if it gets there,
we shall see.
regards
jkd

Bernard M - 08 May 2011 17:57 - 181 of 441

Booker Group started with buy rating at Citigroup, target price 67p.

nice one, and the rest 78p for me.

jkd - 08 May 2011 19:59 - 182 of 441

BM
where did you come from? clear off.;-)
i prefer boring price and threads ;-)
regards
jkd

Bernard M - 09 May 2011 06:34 - 183 of 441

Looks like someone has been on the pipe over the weekend.

jkd - 09 May 2011 08:26 - 184 of 441

BM
it looks that way ;-)
good luck.
regards
jkd

Bernard M - 19 May 2011 07:48 - 185 of 441

Looking good.

Booker Group started with buy rating at Citigroup, target price 67p
StockMarketWire.com

Story provided by StockM

Booker like-for-like sales up 5.3%
StockMarketWire.com

Story provided by StockMarketWire.com

skinny - 19 May 2011 07:56 - 186 of 441

Preliminary Results.

Highlights

Total sales +6.2% to 3.6bn (2010: 3.4bn)

Like for like sales +5.1%:

- non tobacco +5.3% (2010: +6.9%)

- tobacco +4.9% (2010: +5.8%)

- sales to caterers +6.3% (2010: +9.1%)

- sales to retailers +4.6% (2010: +5.3%)

Operating prot up 15% to 76.5m

Profit before tax up 25% to 71.4m

Prot after tax up 24% to 59.1m

Basic earnings per share up 0.71 pence to 3.90 pence

Net cash of 27.1m (2010: 7.0m)

Proposed final dividend up 36% at 1.40 pence per share, making total dividend for the year of 1.67 pence per share, up 31%

Operational Highlights

Improved customer satisfaction

Customer numbers increased by 28,000 to 459,000

24 business centres converted to 'Extra' format, taking total conversions to 115 of the 172 business centres in the UK

Internet sales +29% to 526m (2010: 407m)

Booker Direct is trading well

Ritter-Courivaud and Classic, the two businesses acquired in October 2010, are making a real contribution to the Group

Our Indian business continues to progress; our business centre in Mumbai is trading well and we are in the process of opening two further business centres

Bernard M - 19 May 2011 12:22 - 187 of 441

What a good little share.

HARRYCAT - 19 May 2011 12:59 - 188 of 441

Ex-Div 01-Jun-11 - Paid 08-Jul-11 - Amount 1.40p

jkd - 19 May 2011 16:51 - 189 of 441

seems to be a solid set of results.
internet sales plus mention of india trading well.bound to attract interest.
my only interest as most of you may know by now is what the chart says to me,plus in not losing money.looking for a weekly close and future hold above 63sh to confirm this rise for medium/ longer term gain.
regards
jkd

Bernard M - 19 May 2011 17:20 - 190 of 441

A nice 4.96% rise today SP 67.70

Bernard M - 20 May 2011 09:27 - 191 of 441

A little bute.

Bernard M - 20 May 2011 09:56 - 192 of 441

Up another 3% today.

Bernard M - 21 May 2011 15:19 - 193 of 441

Well done BOK. + 3.77% sp 70.25

Bernard M - 24 May 2011 14:47 - 194 of 441

UBS reiterated buy on Booker Group, target price raised to 75p from 67p.

skinny - 24 May 2011 14:56 - 195 of 441

Bernard - Citigroup upgraded them yesterday - reiterated buy, tp raised to 76 from 67. (I no longer hold).

Bernard M - 24 May 2011 15:26 - 196 of 441

Good news all round Skinny, lots of buys today but still small red.

Bernard M - 25 May 2011 08:32 - 197 of 441

Fighting to go blue but FTSE holding it down topped up today at 67.55

HARRYCAT - 25 May 2011 08:40 - 198 of 441

I bought yesterday, but am happy to hold for the divi and then see where it goes.

Bernard M - 25 May 2011 09:46 - 199 of 441

I am in until 75p

Bernard M - 06 Jun 2011 17:07 - 200 of 441

Come on 75p

HARRYCAT - 06 Jun 2011 17:39 - 201 of 441

Yes, seems to have recovered very quickly post divi.
Why is 75p your target?

Bernard M - 06 Jun 2011 17:59 - 202 of 441

100% profit on purchase. Seems to have held up well over the last few days.

Bernard M - 07 Jun 2011 10:20 - 203 of 441

SP 70.40 today can see 75p soon.

jkd - 29 Jun 2011 15:50 - 204 of 441

i quietly averaged up earlier today.
regards
jkd

Bernard M - 29 Jun 2011 17:09 - 205 of 441

My only red share today. OK only small red.

jkd - 29 Jun 2011 17:34 - 206 of 441

BM
blimey red you say? i better be sure to sell tomorrow then.
just kidding,because i do have my stop loss and money management figures in place.
i hope you and everyone else on here does too.
the market can be very cruel when least expected.i expect it at all times.
regards
jkd

HARRYCAT - 01 Jul 2011 09:25 - 207 of 441

According to Shares Mag it is the first quarter interim trading statement due next wed (6th july). According to the forward diary it is the AGM. Not sure which is correct, but hoping for a move upwards on the back of that event.

skinny - 01 Jul 2011 09:59 - 208 of 441

Harry - Annual Report and Accounts Notice of AGM and Notification of Date of Quarter One Interim Management Statement

HARRYCAT - 01 Jul 2011 10:01 - 209 of 441

Ah, cheers. Should be double whammy for the sp then!!!

Bernard M - 01 Jul 2011 14:40 - 210 of 441

Let's hope so.

Bernard M - 05 Jul 2011 17:01 - 211 of 441

Highest price today since float 70.45

skinny - 05 Jul 2011 17:03 - 212 of 441

Bernard 12 month high is/was 70.80. (That was today).

Bernard M - 06 Jul 2011 07:58 - 213 of 441

Yes skinny

Booker sales up 9.5%
StockMarketWire.com
Cash & carry firm Booker said today that total sales in the twelve weeks to 17th June rose by 9.5% on the same period last year (7.4% on a like-for-like basis).

Non-tobacco sales rose by 9.1% (5.7% on a like-for-like basis) while tobacco sales grew by 10.1% (10.1% on a like-for-like basis).

The first 12 weeks included the impact of Easter phasing, an extra bank holiday, favourable weather and a large increase in tobacco duty.

After a good start Booker Group anticipates it is on course to meet expectations for the full-year.

Charles Wilson, CEO said: "Booker continues to make good progress with like-for-like non-tobacco sales up 5.7% in quarter one. We are helping 459,000 independent businesses compete by improving choice, having competitive prices and enhancing service in this challenging economic environment."

Story provided by StockMarketWire.com

Bernard M - 06 Jul 2011 13:48 - 214 of 441

SP up 6.17% today. New high 74.80

HARRYCAT - 06 Jul 2011 13:50 - 215 of 441

Took profit just now, so hope that doesn't upset the applecart for the rest of you! (Divi + profit. If only all my stocks were this successful!)

Bernard M - 06 Jul 2011 14:24 - 216 of 441

75p here now. Well done Harry.

skinny - 06 Jul 2011 15:52 - 217 of 441

Good luck to those that held - so much for boring shares ! :-)

Bernard M - 06 Jul 2011 16:00 - 218 of 441

Thank's Skinny 76.47 now up 8.55% today.

HARRYCAT - 07 Jul 2011 13:29 - 219 of 441

BOK looking frothy:
Singer Capital has upped its target price on Booker to 65p from 58p after a bullish update from the cash and carry group.

Booker said it is on course to meet expectations for the year ending 30 March after seeing a sharp rise in sales in the first quarter. Total sales were up by 9.5% from the same period the previous year, and by 9.1% excluding tobacco. Like-for-like tobacco sales were up by 5.7%.

Singer maintains its fair value rating on Booker. It notes that it trades on a price earnings ratio of 19.7 for calendar year 2011.

Bernard M - 07 Jul 2011 15:40 - 220 of 441

Profit taking no worry. Brokers are like charts, bollocks.

jkd - 07 Jul 2011 17:07 - 221 of 441

i took some profits today.at last. didnt catch the high. having scaled in i scaled out of a few today at various levels.
still holding a good core balance but am happy to have finally banked some good profits.
regards
jkd

Bernard M - 08 Jul 2011 08:18 - 222 of 441

Good call jkd but i think a buyout is on the cards, many looking at BOK.

jkd - 08 Jul 2011 15:17 - 223 of 441

BM i hope you are right. maybe that is why they are starting to get more volatile?
i dont like volatilty :-)
regards
jkd

Bernard M - 08 Jul 2011 16:07 - 224 of 441

Back up 3.03% today. 75.78

Something happening as FTSE and DOW are taking a pounding

jkd - 08 Jul 2011 18:46 - 225 of 441

BM
maybe maybe not. i am now comfortably well ensconced in these after my sales and profit taking yesterday that i shall now just sit and watch for opportunity to average up once again depending on price movement.if not my stop losses will now take care of that, barring a disaster.
in the mean time i shall be concentrating on attempting to find another"low risk" high reward stock that i can accumulate over the longer term.they are always out there. but if wrong get out quick. thats why it is low risk. if right then accumulate.just my view and opinion as always
please all dyor
regards
jkd
.

Bernard M - 11 Jul 2011 09:42 - 226 of 441

Very volatile, down 2.44% this morning

HARRYCAT - 11 Jul 2011 10:21 - 227 of 441

Glad I took profit. Sp may drift off close to 65p, in which case would be glad to buy back in again.

Bernard M - 11 Jul 2011 12:41 - 228 of 441

Being dragged down with the rest, nothing wrong with BOK.

HARRYCAT - 01 Sep 2011 11:37 - 229 of 441

Notification of Date of Interim Results
Booker Group plc will announce interim results for the 24 weeks to 9 September 2011 on Thursday 13 October 2011.

A presentation for analysts will be held at 08:30 on Thursday 13 October. For details call Lucy Legh at Tulchan Communications on 020 7353 4200.

Booker Group plc will additionally announce a Quarter Two Trading Update for the 12 weeks to 9 September 2011 on Thursday 15 September 2011.

Bernard M - 01 Sep 2011 12:53 - 230 of 441

80p coming soon

Bernard M - 06 Sep 2011 09:21 - 231 of 441

Strange no trades

skinny - 15 Sep 2011 07:02 - 232 of 441

RNS Number : 2622O

Booker Group PLC

15 September 2011

15 September 2011

Booker Group plc ('Booker')

Quarter Two Trading Update and

Notification of Interim Results Announcement

Total sales in the 12 weeks to 9 September 2011 rose by 7.6% on the same period last year. Non-tobacco sales were 7.6% higher, while tobacco sales rose by 7.6%. On a like-for-like basis total sales rose by 5.6%, non-tobacco sales by 4.5% and tobacco sales by 7.6%. Fresh departments performed particularly well with fruit and vegetable sales up 34%.

Total sales in the 24 weeks to 9 September 2011 rose by 8.5% on the same period last year. Non-tobacco sales were 8.3% higher, while tobacco sales rose by 8.9%. On a like-for-like basis total sales rose by 6.5%, non-tobacco sales by 5.1% and tobacco sales by 8.8%.

Classic and Ritter Courivaud, the two businesses we acquired in October 2010 are performing well. In India our Mumbai branch is trading well, we will open in Pune, India, next week and expect to have our second branch in Mumbai open in December. As at 9 September 2011 net cash was GBP58m versus net cash of GBP10m a year ago. Having had a good first half the outlook for the year as a whole remains unchanged.

Charles Wilson, Booker Chief Executive, said:

"Amid a challenging economy Booker has continued to improve the choice, prices and service we provide to customers. Customers have rewarded us with an increased share of their spend and the number of customers has increased. Our plans to drive and broaden Booker are on track."

Booker Group plc will announce interim results for the 24 weeks to 9 September 2011 on Thursday 13 October 2011. A presentation for analysts will be held at 08:30 on 13 October. For details call Lucy Legh at Tulchan Communications on 020 7353 4200.

Note: Sales are stated net of value added tax

ENDS

Bernard M - 15 Sep 2011 08:02 - 233 of 441

Nice one BOK

Bernard M - 15 Sep 2011 10:49 - 234 of 441

Wow fantastic 9% rise today a little gem.

dreamcatcher - 15 Sep 2011 18:26 - 235 of 441

Cash and carry wholesaler Booker boosted by fruit and vegetables

tweet0Print..Companies:NETTopics:EarningsAsia.Related Quotes
Symbol Price Change
NETK.BE 0.53 -0.1180

{"s" : "NETK.BE","k" : "a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00","o" : "","j" : ""} Garry White, 17:40, Thursday 15 September 2011

Cash and carry wholesaler Booker saw its shares jump a 8pc on Thursday after the company said sales in the second quarter had risen 8.5pc.

The group's results were boosted by strong demand for fresh fruit and vegetables from retailers and caterers, which rose 34pc year-on-year in the 12 weeks to September 9.

On a like-for-like basis, total sales rose 5.6pc, non-tobacco sales were up 4.5pc and tobacco sales jumped 7.6pc. Net (Berlin: NETK.BE - news) cash at the end of the period was 58m compared with 10m.

"Amid a challenging economy Booker has continued to improve the choice, prices and service we provide to customers," said Charles Wilson, chief executive. "Customers have rewarded us with an increased share of their spend and the number of customers has increased."

Analysts were upbeat on prospects for the group, which operates from 172 cash and carry branches throughout the UK.

"Against the toughest retail backdrop in living memory this is some achievement," said Dave McCarthy, an analyst at Evolution Securities. "Booker remains our top pick in the sector offering good growth, quality management and a strong focus on cash and returns." Mr McCarthy has a "buy" rating on the shares.

In 2009 Booker opened its first business centre in Mumbai, India, and it said this operation was trading well. The group plans to open another outlet in Pune, India, next week.

The shares rose 5.45 to 74.55p

Bernard M - 15 Sep 2011 19:58 - 236 of 441

76.20 earlier in the day but still a nice profit on this one.

Evolution Securities has maintained its "buy" stance on Booker Group (BOK), and price target of 80p, as the wholesaler's second quarter results smashed the broker's profit and debt forecasts. Total second quarter sales and like-for-like sales were up 7.6% and 5.6%, significantly higher than Evolution's respective estimates of 5% and 3%. Booker remains the broker's top pick in the sector, offering stable growth, quality management and a strong focus on cash and returns. Booker shares jumped 5.45p to 74.55p.

dreamcatcher - 15 Sep 2011 20:34 - 237 of 441

Fruit and veg sales blooming at Booker
Date: Thursday 15 Sep 2011

Food wholesaler and cash and carry operator Booker saw a surge in like-for-like (LFL) sales in its second quarter, driven by strong demand for fruit and veg.

Like-for-like sales rose 5.6% in the 12 weeks to the 9th of September from the corresponding period of last year. Non-tobacco sales rose by 4.5% and tobacco sales by 7.6% on a LFL basis, while LFL fruit and vegetable sales were up 34% from last year.

Total sales in the group's second quarter were up 7.6% from a year earlier, with no differentiation in the growth rates of tobacco sales and non-tobacco sales..

The company, whose brands include Chef's Larder and Happy Shopper, also reports that on a half yearly basis like-for-like sales were up 6.5%.

Classic and Ritter Courivaud, the two businesses Booker acquired in October 2010 are performing well, the group said. In India, the Mumbai branch is trading well, and a second branch in the city is set to open in December. Meanwhile, a branch will be opened in Pune, India, next week.

Booker's cash position has strengthened in the last 12 months with net cash at 58m versus just 10m this time in 2010.

Charles Wilson, Booker Chief Executive, said of the results:

"Amid a challenging economy Booker has continued to improve the choice, prices and service we provide to customers. Customers have rewarded us with an increased share of their spend and the number of customers has increased. Our plans to drive and broaden Booker are on track.

Bernard M - 16 Sep 2011 11:45 - 238 of 441

Booker bolstered by clients economy drives

Booker, Britains leading cash-and-carry wholesaler, reported better than expected sales in its second quarter, as hard-pressed business customers shopped around for value for money in a difficult climate.

In the 12 weeks to September 9, total sales rose 7.6 per cent from the same period a year earlier. Non-tobacco sales were 7.6 per cent higher, while tobacco sales also rose 7.6 per cent. Sales from stores open at least a year increased 5.6 per cent, with non-tobacco sales gaining 4.5 per cent and tobacco sales up 7.6 per cent on a like-for-like basis.

The wholesalers shares rose 6p, or almost 9 per cent, to 75.10p.

Charles Wilson, chief executive, said the performance had been helped by moves to improve the value that Booker offered to its cash-and-carry customers.

In the current market, the consumer is minding every penny. Our customers are really careful on value, and so because we have made some pretty good progress in what we are doing on choice, price and service, then our value relative to the market is improved, he said.

Consequently, Booker was not only adding more customers, but was taking a bigger slice of what they were spending.

Small and medium-sized enterprises are shopping around really carefully, he added.

Demand had been strong for Bookers value ranges, such as Euro Shopper, which it sells to independent retailers, and Booker Basics, its entry price products for caterers.

But improvements in other areas were also paying off, with fruit and vegetable sales up 34 per cent in the second quarter.

Mr Wilson said the two acquisitions that Booker made just under a year ago Ritter Courivaud, a supplier of ingredients to top-end restaurants, and Classic Drinks, a supplier to pubs and licensed clubs were going well.

Ritter Courivauds speciality foods were trading strongly, while Booker had introduced some of its range into its cash and carry estate, which was selling very well, and helping us improve our offer for the caterers and particularly the restaurant trade.

Booker is also making progress in India, where it will open a branch in Pune next week. It expects to have a second branch in Mumbai open in December.

Net cash increased from 10m a year ago to 58m at September 9.

Analysts said the sales performance was better than expected, with only a modest slowdown on the first quarter, which included the boost from the Easter, the Royal Wedding and fine weather.

The consensus of analysts forecasts for full-year pre-tax profit is 81m-81.5m.

jkd - 24 Sep 2011 20:20 - 239 of 441

stopped out of loads. most over last couple of months.
some at loss many at profit. held on to this all as previously posted.
but still holding QED as posted also.
regards
jkd

Bernard M - 25 Sep 2011 08:38 - 240 of 441

BOK is being dragged down with Indices falling and world events, this one will fly when thing are less volatile.

dreamcatcher - 09 Oct 2011 12:58 - 241 of 441

Interim results from cash and carry operator Booker Group are expected on Thursday, and they should be pretty decent. The last few years have been kind to Booker, which has recorded steady increases in earning, showing up food as a pretty defensive business to be in during down spells.

But with the current price of 70p putting the shares on a full-year P/E of over 17, they're not looking like any great bargain at the moment

skinny - 13 Oct 2011 07:04 - 242 of 441

Interim Results.

Financial Highlights

Total sales 1.8 billion, +8.5%

Like-for-like sales in the half were:

- non-tobacco +5.1% (2010: +5.1%)
- tobacco +8.8% (2010: +5.7%)
- total +6.5% (2010: +5.3%)

Like-for-like sales to caterers were 5.7% (2010: +6.4%) and to retailers +6.9% (2010: +4.8%)

Operating profit +17.1% to 45.9m (2010: 39.2m)

Profit before tax +22.0% to 45.0m (2010: 36.9m)

Profit after tax +19.1% to 36.1m (2010: 30.3m)

Basic earnings per share +15.8% to 2.35 pence (2010: 2.03 pence)

Net cash 58.7m (2010: 10.1m)

Interim dividend up 22.2% to 0.33 pence per share (2010: 0.27 pence)

dreamcatcher - 12 Jan 2012 07:06 - 243 of 441

http://www.moneyam.com/action/news/showArticle?id=4289965

HARRYCAT - 12 Jan 2012 09:02 - 244 of 441

StockMarketWire.com
Total sales at food wholesaler Booker rose by 7% in the 16 weeks to 30 December.

Non-tobacco sales were 6.7% higher, while tobacco sales rose by 7.6%.

On a like-for-like basis total sales rose by 6.5%, non-tobacco sales rose by 5.8% and tobacco sales by 7.6%.

Customer numbers and the average spend per customer improved.

Fresh departments performed well with fruit and vegetable sales up 17%.

Chief executive Charles Wilson said: "Amid the challenging economic environment Booker continues to improve choice, prices and service for our customers.

"Our plans to focus, drive and broaden the group are on track and we are pleased to be developing Chef Direct to serve major foodservice customers."

HARRYCAT - 26 Jan 2012 10:52 - 245 of 441

From this week's Shares Mag:
"James Crux:
DO NOT follow last week’s (18 Jan) sale of £1.5 million worth of Booker (BOK) shares by operations director Bryn Satherley. The cash and carry and delivered wholesale star remains set fair for profitable growth. Satherley sold two million shares at 73.5p a pop, netting £1.5 million. Following the exercise of share options, he sold a further 1.4 million shares, taking total proceeds from the transaction to the best part of £2.5 million. A bullish third-quarter update (12 Jan) revealed a robust 6.5% like-for-like sales growth over the 16 weeks to 30 December, up from 5.4% a year earlier. This was materially ahead of the disappointing growth rates served up by the large quoted supermarket groups. Higher margin non-tobacco sales were up 5.8% and tobacco sales advanced by 7.6%, while the average spend per customer also improved.
This summer Booker, bossed by canny chief executive officer Charles Wilson, will accelerate its growth through the launch of ‘Chef Direct’. The new foodservice offering will combine the company’s logistics capabilities with the catering expertise of specialty fine foods supplier Ritter- Courivaud. Indian expansion also continues with the imminent opening of Booker’s second and third branches in Mumbai.
Shore Capital believes the £1.2 billion cap is on track to deliver £81.5 million of full-year profit and earnings per share of 4.2p. These estimates place the business on a price/earnings ratio of 17.6, yet this premium rating is more than merited given the group’s track record of beating forecasts. Booker is well placed to produce consistent profitable growth and progressive dividend payouts, while acquisitions could drive further share price upside.
Shares says: Continue to BUY Booker at 73.9p.

HARRYCAT - 22 Mar 2012 09:40 - 246 of 441

StockMarketWire.com
Booker Group will announce its fourth quarter trading update on 5th April 2012.

skinny - 05 Apr 2012 07:39 - 247 of 441

Booker Group plc
Quarter Four Trading Update

Booker, the UK's leading food wholesaler, is pleased to announce that total sales in the 12 weeks to 23 March 2012 rose by 4.8% on the same period last year, with total like-for-likes up by 4.8%. Non-tobacco like-for-likes rose by 4.1%, while like-for-like tobacco sales increased by 5.9%.

Total sales in the 52 weeks to 23 March 2012 were £3.9bn, up by 7.3%, and total like-for-likes were up by 6.1%. Like-for-like non-tobacco sales rose by 5.1%, while like-for-like tobacco sales increased by 7.8%. Like-for-like sales to caterers rose by 6.1% and retailers by 6.1%. Customer numbers increased by 5% to 481,000 and customer satisfaction improved further. Internet sales increased by 21% to £635m. Our delivered wholesale businesses are doing well and our expansion in India continues following the opening of our second branch in Mumbai.

This year has the impact of a 53rd week. Week 53 increased sales by £76m and will benefit operating profits by circa £1m for the full year.

The Group had around £63m net cash at the end of the year, compared to £27m a year ago. Profits for the 53 weeks to 30 March 2012 remain in line with expectations.

Charles Wilson, Booker Chief Executive, said:

"Booker continues to make good progress. Customer satisfaction for choice, price and service has improved and we are serving 22,000 more customers than last year. This has helped the Group increase sales by over £260m in the past 52 weeks. Our plans to Focus, Drive and Broaden the business remain on track."

ENDS

jkd - 06 Apr 2012 23:18 - 248 of 441

ive been patient with this. holding tight but not yet reinstating or taking more profit.
now looks very weak to me short / medium term so will be sitting through possible and likely pull back with stop loss levels in place.
plus at same time looking to now add on further weakness. but where and at what point? that is difficult. will just follow the chart as best i can. will advise as and when.rightly or wrongly.
still like it.
regards
jkd

jkd - 12 Apr 2012 11:23 - 249 of 441

have added today.
50% tight stop loss.(trade) 50% wider stop loss for longer term holding.
regards
and good luck
jkd

skinny - 24 May 2012 07:10 - 250 of 441

Preliminary Results.

Financial Highlights

· Total sales for 53 weeks +9.4% to £3.9bn (2011: £3.6bn) (52 weeks: +7.3%)

· Like for like sales +6.1% (52 weeks)

- non tobacco +5.1% (2011: +5.3%)

- tobacco +7.8% (2011: +4.9%)

- sales to caterers +6.1% (2011: +6.3%)

- sales to retailers +6.1% (2011: +4.6%)

· Operating proﬁt up 17% to £89.6m (52 weeks: up 16% to £88.6m)

· Profit before tax up 27% to £90.8m (52 weeks: up 26% to £89.7m)

· Proﬁt after tax up 27% to £74.9m (52 weeks: up 25% to £74.0m)

· Basic earnings per share up 0.93 pence to 4.83 pence

· Net cash of £63.4m (2011: £27.1m)

· Proposed final dividend up 39% at 1.95 pence per share, making total dividend for the year of 2.28 pence per share, up 37%

Operational Highlights

· Improved customer satisfaction

· Customer numbers increased by 22,000 to 481,000

· 27 business centres converted to 'Extra' format, taking total conversions to 142 of the 172 business centres in the UK

· Internet sales up 21% (52 weeks) to £635m (2011: £526m)

· Booker Direct is performing well and the creation of "Chef Direct" to serve major foodservice customers remains on track

· Our Indian business continues to progress; our business centres in Mumbai and Pune are trading well

Outlook
The economy is expected to remain challenging in the year ahead and the food wholesale market remains very competitive. Nevertheless, we expect to continue to make progress in this difficult environment. Booker has made a good start to the current financial year, even compared to the very strong performance in the first seven weeks of last year and, in spite of the fact that tobacco sales have been slow, we remain on course to meet our expectations for the year.

HARRYCAT - 30 May 2012 07:46 - 251 of 441

Proposal for Booker Group to acquire Metro UK

Booker Group Plc ("Booker"), a leading UK food wholesaler, and Metro Group AG ("Metro"), the German retail and wholesale group, are pleased to announce that they have entered into an agreement for Booker to acquire Makro UK ("Makro UK"), Metro's wholesale business in the UK, in exchange for new Booker Shares, representing 9.99 per cent of the current issued share capital of Booker and a cash consideration of £15.8 million.

Based on the closing price on 29 May 2012, being the last practicable date prior to this announcement, of a Booker share of 79.1p, the value of the New Ordinary shares to be issued is £123.9 million which, combined with the cash sum of £15.8 million, values Makro UK at £139.7 million.

skinny - 30 May 2012 07:52 - 252 of 441

Makro - they have been struggling for years - I've used them since the 70's but they can't compete anymore - time will tell if this is a good move.

skinny - 30 May 2012 08:41 - 253 of 441

The news seems to be going down well - currently up 7.5%.

HARRYCAT - 30 May 2012 09:05 - 254 of 441

And ex-divi next wed, so win / win for current holders!

jkd - 31 May 2012 22:03 - 255 of 441

blimey!
and in this environment who'd believe it?
90p might be next stop,but who knows ?
not I. stop losses still in but fortunately now distant enough to make me comfortable
and to forget.
good luck to all
regards
jkd

HARRYCAT - 04 Jul 2012 08:25 - 256 of 441

StockMarketWire.com
Booker Group has completed the acquisition of Makro UK.

skinny - 18 Jul 2012 07:12 - 257 of 441

Interim Management Statement.

"Non tobacco sales rose by 3.9% (3.8% on a like for like basis) whilst tobacco sales fell by 1.7%. Tobacco has been adversely impacted by the phasing of duty mark up versus a year ago. Total sales in the 12 weeks to 22 June 2012 rose by 1.7% on the same period last year (1.7% on a like-for-like basis). After a good start, we anticipate that Booker Group is on course to meet expectations for the year ending 29 March 2013.

The acquisition of Makro UK completed on 4 July 2012, post the end of the first quarter."

skinny - 29 Aug 2012 13:42 - 258 of 441

New 12 month high today @94.6p

Chart.aspx?Provider=EODIntra&Code=BOK&Si

skinny - 20 Sep 2012 07:05 - 259 of 441

Trading Statement

Total sales (excluding Makro) in the 12 weeks to 14 September 2012 rose by 4.3% on the same period last year. Non-tobacco sales were 3.9% higher, while tobacco sales rose by 5.1%. On a like-for-like basis total sales rose by 4.4%, non-tobacco sales by 3.8% and tobacco sales by 5.4%.

Total sales (excluding Makro) in the 24 weeks to 14 September 2012 rose by 3.3% on the same period last year. Non-tobacco sales were 4.2% higher, while tobacco sales rose by 2.0%. On a like-for-like basis total sales rose by 3.1%, non-tobacco sales by 3.8% and tobacco sales by 1.8%.

Booker Wholesale, our cash and carry division, had a good half. Customer satisfaction further improved, customer numbers were up and sales matched expectations.

Booker Direct, our delivered wholesale division, also had a good half. Ritter Courivaud, our speciality foods business, performed well. Classic, our on-trade wholesaler, had a good period and has been rolled out into a further five Booker branches. Chef Direct, the foodservice business we launched in January, is making good progress having secured several catering accounts.

In India our two branches in Mumbai and joint venture branch in Pune are performing as we planned. We are looking to open a further two branches in the second half.

We acquired Makro on July 4th. Makro has been struggling for the past few years and its performance in the past ten weeks has continued to be challenging. We notified the transaction to the OFT and the competition review process is ongoing. Until this review is complete, we are required to hold the Makro business separate from Booker, pursuant to undertakings given to the OFT in the normal way. Under accounting rules (IFRS 3), Makro will initially be held as an investment in Booker Group plc's balance sheet and will be consolidated into its financial statements once competition clearance is obtained.

The senior management of Booker and Makro are confident that, by working together, we will be able to improve choice, prices and service to the caterers, retailers and small and medium sized enterprises that we serve. We will be able to offer foods and non foods via the internet, delivery and cash and carry. This will help Booker Group in its ambition to become the UK's leading wholesaler.

As at 14 September 2012 net cash was £70m versus net cash of £59m a year ago. Following a good first half the outlook for the year as a whole remains unchanged.

skinny - 18 Oct 2012 07:13 - 260 of 441

Interim Results

Financial Highlights (Makro not consolidated)

• Total sales £1.9 bn, +3.3%

• Like-for-like sales were +3.1%:

- non-tobacco +3.8%
- tobacco +1.8%

• Like-for-like sales to caterers were +4.7% and to retailers +2.2%

• Operating profit (pre £3m exceptional charge related to Makro acquisition costs) +12.4% to £51.6m (2011: £45.9m)

• Profit before tax (post exceptional charge) +13.3% to £51.0m (2011: £45.0m)

• Profit after tax (post exceptional charge) +13.0% to £40.8m (2011: £36.1m)

• Basic earnings per share (post exceptional charge) +6.4% to 2.50p (2011: 2.35p)

• Net cash £69.8m (2011: £58.7m), after spending £15.8m on the cash element of the Makro consideration

• Interim dividend per share up 15.2% to 0.38 pence (2011: 0.33 pence)

• Subject to obtaining competition clearance, we expect Makro to reduce Group operating profit in 2012/13 by £nil to £10m, and increase operating profit in 2013/14 by circa £10m

Operating Highlights

• Customer satisfaction has improved which has driven like-for-like sales

• Conversion of another 3 branches into the 'Extra' format, taking the total number of 'Extra' branches to 145

• Internet sales +10.7% to £332m (2011: £300m)

• Booker Direct, Ritter Courivaud and Classic are performing well

• Chef Direct is becoming the new force in foodservice

• Following competition clearance, Booker and Makro will seek to become the UK's leading wholesaler to caterers, retailers and small companies

• Our 3 branches in India are on track and we expect to open 2 more branches in
the second half

Outlook

Group turnover in the second half to date (excluding Makro) is ahead of the same period last year. Working capital levels and costs are in line with plan. Overall, Booker Group plc continues to trade in line with management expectations.

HARRYCAT - 08 Nov 2012 14:32 - 261 of 441

OFT REFERS CASH AND CARRY MERGER TO COMPETITION COMMISSION

The OFT today referred the completed acquisition by Booker Group plc (Booker) of Makro Holding Limited (Makro) to the Competition Commission for further investigation due to concerns that it could reduce competition between cash and carry outlets.

Booker and Makro are both major national cash and carry wholesalers to independent retailers and caterers. The cash and carry market is worth an estimated £11 billion in the UK.

The OFT's investigation found that the acquisition raised competition concerns at the national level, where the evidence available to the OFT showed that the merger parties are close competitors in the supply of grocery products to caterers. The OFT has found that many caterers rely on cash and carry outlets. The merger brings together two close cash and carry competitors and reduces the number of national operators from four (Booker, Makro, Bestway and Costco) to three.

http://www.moneyam.com/action/news/showArticle?id=4480816

skinny - 17 Jan 2013 07:24 - 262 of 441

Quarter Three Interim Management Statement

Booker is pleased to announce its trading performance for the 16 weeks to 4 January 2013. Total Sales, excluding Makro (see Notes), rose by 3.1% on the same period last year. Non-tobacco sales were 4.2% higher, while tobacco sales rose by 1.3%. On a like-for-like basis total sales rose by 3.1%, non-tobacco sales rose by 4.1% and tobacco sales by 1.3%.

Booker Wholesale, our cash and carry division, had a good quarter. Customer satisfaction further improved, customer numbers were up and sales were in line with expectations. Fresh departments continued to perform well, with fruit and vegetable sales up 30% on the same period last year.

Booker Direct and Ritter Courivaud, our speciality foods business, performed well. We are expanding Classic to become a national wholesaler to the on trade. Since September Classic is operating from a further five Booker branches. Following start up costs the performance is encouraging.

Chef Direct, the foodservice business we launched last year, is making good progress including the award of the Aramark business in the UK. Aramark is one of the UK's leading contract caterers and we are delighted to be serving this prestigious client. Chef Direct is incurring start up costs, but its performance is on track.

We acquired Makro on July 4th 2012. The Competition Commission is reviewing the transaction and during its review we are required to hold the Makro business separate from the rest of Booker. Makro has been struggling for the past few years and its performance in the last quarter has continued to be challenging, but in line with our expectations. The senior management of Booker and Makro remain confident that, by working together, we will be able to improve choice, prices and service to the caterers, retailers and small and medium sized enterprises that we serve. We will be able to offer foods and non foods via the internet, delivery and cash and carry. This will help the customers of both Booker and Makro prosper.

Expansion in India continues with the opening of our third and fourth branches in Mumbai in Spring 2013.

The outlook for profits and net cash for the year remains in line with expectations.

HARRYCAT - 14 Mar 2013 08:03 - 263 of 441

COMPETITION COMMISSION PROVISIONALLY CLEARS BOOKER'S ACQUISITION OF MAKRO
Booker Group plc welcomes today's announcement from the Competition Commission that it has provisionally decided to approve its acquisition of Makro Holding Limited. The Commission has reviewed the transaction and provisionally concluded that it does not expect it to result in a substantial lessening of competition at a national or local level.

The Commission is expected to publish its final report by 24 April 2013, the statutory deadline for completion of its inquiry. Booker will continue to work closely with the Commission throughout the remainder of the inquiry

skinny - 04 Apr 2013 07:04 - 264 of 441

Quarter Four Interim Management Statement

Booker, the UK's leading wholesaler, is pleased to announce its trading performance for the 12 weeks to 29 March 2013. Total Sales, excluding Makro (see Notes), rose by 2.3% on the same period last year. Non-tobacco sales were 4.3% higher, while tobacco sales fell by 0.8%. On a like-for-like basis total sales rose by 2.2% compared to the same period last year, non-tobacco sales rose by 4.2% and tobacco sales fell by 0.9%.

Total sales in the 52 weeks to 29 March 2013 excluding Makro were £4.0bn, up by 3.5% compared to last year, and total like-for-likes were up by 3.3%. Like-for-like non-tobacco sales rose by 4.5%, while like-for-like tobacco sales increased by 1.3%. Sales to caterers rose by 6.2% and retailers by 2.0%. Customer numbers increased by 5% to 504,000 and customer satisfaction improved further. Internet sales increased by 11% to £704m. Our delivered wholesale businesses are progressing and our expansion in India continues with the opening of our third branch in Mumbai.

The Group had around £77m net cash at the end of the year, compared to £63m a year ago. This is after paying a part cash consideration of £15.8m for the Makro business. Profits for the 52 weeks to 29 March 2013 remain in line with expectations.

We acquired Makro on July 4th 2012. The Competition Commission is finalising its review of the transaction and during this review we are required to hold the Makro business separate from the rest of Booker. The Competition Commission has provisionally cleared the acquisition and we anticipate the final report being issued by 24 April 2013. In the last quarter Makro has been trading in line with our expectations. The senior management of Booker and Makro remain confident that, by working together, we will be able to improve choice, prices and service for caterers, retailers and small and medium sized enterprises. We will be able to offer foods and non foods via the internet, delivery and cash and carry to an enlarged customer base. This will help the customers of both Booker and Makro to prosper.

skinny - 19 Apr 2013 07:56 - 265 of 441

COMPETITION COMMISSION CLEARS BOOKER'S
ACQUISITION OF MAKRO

The Board of Booker Group plc is pleased to note that the Competition Commission, in its final report published today, has unconditionally cleared the completed acquisition of Makro Holding Limited.

skinny - 13 May 2013 16:26 - 266 of 441

Barclays Capital Overweight 124.45 150.00 150.00 Reiterates

skinny - 23 May 2013 07:44 - 267 of 441

Final Results

Financial Highlights (Makro not consolidated)

2012/13 was a 52 week reporting period, however 2011/12 was a 53 week reporting period. In order to make a comparison sales and profit are compared with the first 52 weeks of last year.

· Total sales £4.0bn, +3.5%
· Like-for-like sales +3.3%: non tobacco +4.5%, tobacco +1.3%
· Operating proﬁt (pre £3m exceptional charge related to Makro acquisition costs) +12% to £99.1m
· Profit before tax +13% to £101.4m
· Proﬁt after tax +12% to £83.1m
· Basic earnings per share up 0.16 pence to 4.93 pence, after equity dilution arising from the share element of the Makro consideration
· Net cash of £77.2m (2012: £63.4m), after paying £15.8m in respect of the cash element of the Makro consideration
· Proposed final dividend up 15% at 2.25 pence per share, making a total dividend for the year of 2.63 pence per share, up 15%

Operational Highlights

· Customer satisfaction continued to improve and we increased sales by £135m
· Sales to caterers +6.2% and sales to retailers +2.0%
· Delivered sales up 9.5% to £1.15bn
· Internet sales up 10.9% to £704m
· Booker Direct, Ritter Courivaud and Classic are performing well and Chef Direct is becoming the new force in foodservice
· Clearance from the Competition Commission was received on 19 April 2013. Makro and Booker are now coming together to improve choice, price and service for caterers, retailers and small business via the web, delivery and cash and carry
· Our Indian business currently has four branches and continues to make progress with the opening of a further two in the year ahead

Outlook

The economy is expected to remain difficult in the year ahead and the food wholesale market remains very competitive. Nevertheless, we expect to continue to make progress in this challenging environment. The Group's trading in the first seven weeks of the current financial year is ahead of last year and we remain on course to meet our expectations for the year.

Charles Wilson, Chief Executive of Booker, said:

"Our plan to Focus, Drive and Broaden the business remains on track. Customer satisfaction continued to improve and we grew sales by over £135m. Most importantly we teamed up with Makro. Together Booker and Makro will become the UK's leading wholesaler to caterers, retailers and small businesses. We will provide our customers with improved choice, prices and service via the internet, delivery and cash and carry. We have a great team at Booker and Makro and together we will help our customers prosper in the year ahead."

skinny - 06 Jun 2013 07:06 - 268 of 441

Notification of Date of Quarter One Interim Management Statement

Booker Group plc will announce its Quarter One Interim Management Statement for the 12 weeks to 21 June 2013 on Wednesday 10 July 2013.

HARRYCAT - 06 Jun 2013 11:15 - 269 of 441

Booker Group PLC (2.25 p) ex-divi 12th June.

skinny - 10 Jul 2013 08:00 - 270 of 441

AGM & Q1 Interim Management Statement

halifax - 31 Jul 2013 17:09 - 271 of 441

good volume and nice sp rise today, something in the wind?

halifax - 06 Aug 2013 12:58 - 272 of 441

SP steadily rising over the past week, somebody accumulating perhaps?

kernow - 07 Aug 2013 13:35 - 273 of 441

.... or just a sound company attracting buyers

halifax - 05 Sep 2013 08:46 - 274 of 441

trading update 19th september

skinny - 19 Sep 2013 07:05 - 275 of 441

Q2 trading Update

Booker Group is the UK's leading food wholesaler. Total sales in the 12 weeks to 13 September 2013, including Makro, rose by 19.3% on the same period last year. Booker like-for-likes (excluding Makro) were 3.5% higher with non tobacco like-for-likes up 6.9%.

Total sales in the 24 weeks to 13 September 2013, including Makro, rose by 16.5% on the same period last year. Booker like-for-likes (excluding Makro) were 2.3% higher with non tobacco like-for-likes up 5.0%.

halifax - 10 Oct 2013 13:22 - 276 of 441

interim results Thursday 17 October 2013

dreamcatcher - 11 Oct 2013 16:39 - 277 of 441

Ramp, Ramp lol. If that's not ramping lol Halifax.

halifax - 11 Oct 2013 16:39 - 278 of 441

rampety fact is not fiction!

dreamcatcher - 11 Oct 2013 16:41 - 279 of 441

:-)

halifax - 11 Oct 2013 16:43 - 280 of 441

nearly 5pm isn't it time you went home?

dreamcatcher - 11 Oct 2013 16:45 - 281 of 441

1-0

halifax - 11 Oct 2013 16:49 - 282 of 441

tks rampety looking forward to a chance to beat you again.

goldfinger - 15 Oct 2013 08:04 - 283 of 441

BOK looks like it could breakout. Results on thursday and last ones were rather solid.
Worth keeping an eye on.

p.php?pid=legacydaily&epic=L^BOK&type=4&

goldfinger - 15 Oct 2013 09:03 - 284 of 441

2 x 200,000 buys and the MMs mark the SP down.

Are they needing stock?.

Nar1 - 15 Oct 2013 17:45 - 285 of 441

Goldfinger - you holding this at the moment ? where do you see this possible 'break out' heading ?

goldfinger - 15 Oct 2013 18:45 - 286 of 441

Yes I bought first thing this morning Nar, results on thursday so hopefully should get a good day tomorrow fingers crossed and then hopefully solid results with this Macro bolt on increasing EPS. Ive held in the past and noted its not a fast burner but a steady type of stock.

Historicaly we dont have much to go on technicaly so I would be looking at fundies especially the P/E and comparing it to historical figures and other large food companies.

Hope that help some but dont forget the US ongoing debt problem. cheers GF.

Nar1 - 15 Oct 2013 19:01 - 287 of 441

I am not in but have been watching this steadily rise over several months.

Not bought in always thinking it will drop back as there nothing to go by historically however it has continually risen.

Chart wise looking positive all MA point north

goldfinger - 15 Oct 2013 19:26 - 288 of 441

Indeed indeed.

Nar1 - 16 Oct 2013 15:57 - 289 of 441

I am in GF

goldfinger - 16 Oct 2013 16:02 - 290 of 441

Well thats 2 of us.....LOL.

Fingers crossed for tomorrow, hopefully this US debt deal will work in our favour and give it some momentum.

Nar1 - 16 Oct 2013 16:15 - 291 of 441

Yep hope they are good !

skinny - 17 Oct 2013 07:08 - 292 of 441

Interim Results

Financial Highlights
· Total sales £2.2bn, +16.5%
· Booker like-for-like sales +2.3%, tobacco sales -2.2% and non tobacco sales +5.0%
· Operating proﬁt (pre £7.0m exceptional credit related to Makro acquisition) +16% to £59.0m
· Profit before tax (pre exceptionals) £58.1m +17%
· Profit after tax (post exceptionals) £53.8m +43%
· Underlying earnings per share up 0.25 pence to 2.73 pence
· Reported basic earnings per share up 0.82 pence to 3.11 pence
· Net cash improved to £123.4m (2012: £69.8m)

Operational Highlights
· Customer Satisfaction at Booker and Makro improved
· Non tobacco like for likes were up 5%
· Internet sales up 11% to £369m
· Booker Direct, Ritter Courivaud, Classic and Chef Direct are on track
· Makro turnaround is on plan and we should deliver £26m of synergies this year
· Our Indian business continues to progress, having opened two sites in the half. We now have six branches in India

Interim dividend and proposed special cash return
Booker's strategy to drive and broaden its business is working. As a result the Board has declared an interim dividend of 0.45 pence per share, up 18%. In July 2012 Booker Group plc issued £124m of shareholder equity to purchase Makro in the UK. Following the successful integration of Makro into the Group and strong cash generation, we intend to implement a special cash return to shareholders of approximately £60m in 2014. Further details will be provided at the time of our preliminary results in May 2014.

Outlook
Group turnover in the second half to date is ahead of the same period last year. Working capital levels and costs are in line with plan. Overall, Booker Group plc continues to trade in line with management expectations.

Nar1 - 17 Oct 2013 07:52 - 293 of 441

Where is the SP going ?

goldfinger - 17 Oct 2013 07:56 - 294 of 441

Excelent results...........

Booker Group plc

Interim Results

for the 24 weeks ended 13 September 2013

Booker Group is the UK's leading food wholesaler. This announcement contains the interim results of Booker Group plc ('Booker') for the 24 weeks ended 13 September 2013.

Financial Highlights

· Total sales £2.2bn, +16.5%

· Booker like-for-like sales +2.3%, tobacco sales -2.2% and non tobacco sales +5.0%

· Operating proﬁt (pre £7.0m exceptional credit related to Makro acquisition) +16% to £59.0m

· Profit before tax (pre exceptionals) £58.1m +17%

· Profit after tax (post exceptionals) £53.8m +43%

· Underlying earnings per share up 0.25 pence to 2.73 pence

· Reported basic earnings per share up 0.82 pence to 3.11 pence

· Net cash improved to £123.4m (2012: £69.8m)

Operational Highlights

· Customer Satisfaction at Booker and Makro improved

· Non tobacco like for likes were up 5%

· Internet sales up 11% to £369m

· Booker Direct, Ritter Courivaud, Classic and Chef Direct are on track

· Makro turnaround is on plan and we should deliver £26m of synergies this year

· Our Indian business continues to progress, having opened two sites in the half. We now have six branches in India

Interim dividend and proposed special cash return

Booker's strategy to drive and broaden its business is working. As a result the Board has declared an interim dividend of 0.45 pence per share, up 18%. In July 2012 Booker Group plc issued £124m of shareholder equity to purchase Makro in the UK. Following the successful integration of Makro into the Group and strong cash generation, we intend to implement a special cash return to shareholders of approximately £60m in 2014. Further details will be provided at the time of our preliminary results in May 2014.

Outlook

Group turnover in the second half to date is ahead of the same period last year. Working capital levels and costs are in line with plan. Overall, Booker Group plc continues to trade in line with management expectations.

Commenting on the results, Charles Wilson, Chief Executive of Booker, said,

"Our plan to Focus, Drive and Broaden Booker Group is on track. The team at Makro have settled into the Group and are making a real contribution. Through working together Booker and Makro are improving the choice, price and service for our retail, catering and small business customers. Our Customer Satisfaction improved which helped drive non tobacco like for like sales up 5.0%."

Nar1 - 17 Oct 2013 08:05 - 295 of 441

These good results should see the SP continue its growth

goldfinger - 17 Oct 2013 08:15 - 296 of 441

Bewildering re-action to results.

SP should be on rise.

Strange market.

david lucas - 17 Oct 2013 08:54 - 297 of 441

Hi GF.
Went through the results this morning and I thought they were good. Especially like the cash generation. Seems well run and growing well in India which must have enormous potential.
Bought 2000 at 141.18
Just a toe in the water!!
David

goldfinger - 17 Oct 2013 09:05 - 298 of 441

Strange day on the market everyone thought we were going to get a rally after US deal.

Yep good results, no doubt we should get some positive paper articles tomorrow.

Nar1 - 17 Oct 2013 09:32 - 299 of 441

DL - think you have made a good decision solid set of results and chart looks good too

Nar1 - 18 Oct 2013 09:06 - 300 of 441

http://www.cityam.com/article/1382057678/benefits-booker-s-makro-deal-start-show-profits-rise-17pc

goldfinger - 18 Oct 2013 09:16 - 301 of 441

http://www.cityam.com/article/1382057678/benefits-booker-s-makro-deal-start-show-profits-rise-17pc

goldfinger - 18 Oct 2013 13:54 - 302 of 441

Strange havent seen any broker reports on this yet after results.

Is it just me with a blind spot?.

david lucas - 18 Oct 2013 19:52 - 303 of 441

GF
I sure there will be some next week. A little rise today along with the rest of the market.

goldfinger - 18 Oct 2013 22:28 - 304 of 441

Yep its always been a steady stock this one. Just be patient.

Nar1 - 21 Oct 2013 19:23 - 305 of 441

A nice steady Monday a great start to the week hay GF and Lucas ?

goldfinger - 21 Oct 2013 20:15 - 306 of 441

Spot on, steady as she goes.

david lucas - 21 Oct 2013 21:50 - 307 of 441

GF
I like to see a steady rise. Although the likes of OPAY etc are exciting, you just know there has to be a pull back - but when. So this is a nice share to tuck away and you know that the company has the policies in place to grow at a controlled pace!

goldfinger - 21 Oct 2013 22:06 - 308 of 441

Yep steady as she goes.

david lucas - 21 Oct 2013 22:10 - 309 of 441

GF
A few more of these and my blood pressure will be steadier!! By the way thanks for your posts on the Chart thread yesterday as they were very interesting. Sometimes I need a prod as it is difficult to follow all the shares I like!!

goldfinger - 25 Oct 2013 08:18 - 310 of 441

Broker Note Out......

25 Oct 2013 Booker Group PLC BOK Barclays Capital Overweight 0.00 146.60 150.00 150.00 Reiterates

SP TAQRGET 150p.

goldfinger - 28 Oct 2013 08:27 - 311 of 441

28 Oct 2013 Booker Group PLC BOK JP Morgan Cazenove Overweight 144.45 146.60 160.00 160.00 Reiterates

SP TARGET........160p

david lucas - 28 Oct 2013 08:38 - 312 of 441

I shall be very happy at that level. First target 150 and then see where it goes.

halifax - 29 Oct 2013 11:37 - 313 of 441

sp 151p rising steadily

goldfinger - 06 Nov 2013 08:49 - 314 of 441

06 Nov 2013 Booker Group PLC BOK Berenberg Buy 150.20 148.80 -

164.00 Initiates/Starts

Nar1 - 06 Nov 2013 09:45 - 315 of 441

NICE

goldfinger - 06 Nov 2013 14:35 - 316 of 441

Nice and steady Nar1.

Geting rich surely but slowely the right way.

goldfinger - 14 Nov 2013 09:12 - 317 of 441

Breakout again AND

WOW.......

14 Nov 2013 Booker Group PLC BOK Goldman Sachs Conviction Buy 155.75 150.50 135.00 214.00 Upgrades

214p SP TARGET

david lucas - 14 Nov 2013 09:55 - 318 of 441

Bang through my target! Increased to 164...

Nar1 - 14 Nov 2013 09:55 - 319 of 441

Yes GF its looking good chart wise and this upgrade is further good news !!

goldfinger - 14 Nov 2013 10:35 - 320 of 441

Very good news. HIGHER HIGHER HIGHER.

goldfinger - 15 Nov 2013 04:42 - 321 of 441

Booker upgraded by Goldman Sachs
14th November 2013, 14:56

Goldman Sachs has upgraded its recommendation on cash and carry group Booker [LON:BOK] to ‘conviction buy’ from ‘neutral’ after revisited its investment case now that the Makro deal is complete and integration is well underway.

The broker expects the company will achieve £1.4 billion of additional non-tobacco related sales up to 2017, given the cross-selling opportunities between existing customers of the Booker and Makro brands, after which plans are in place to implement a franchised hard-discount concept.

Analysts have increased their price target to 214 pence per share from 135 pence.

At 2:54pm: Booker Group PLC share price was up 6.75 pence (around 4.5 per cent) at 157.25 pence.

halifax - 19 Nov 2013 16:01 - 322 of 441

SP reaches 160p springing ahead!

skinny - 28 Nov 2013 08:12 - 323 of 441

Barclays Capital Overweight 0.00 161.00 - 187.00 Retains

skinny - 28 Nov 2013 08:51 - 324 of 441

goldfinger - 28 Nov 2013 09:04 - 325 of 441

Lovely chart. Beenn a good ride up, long may it continue.

goldfinger - 28 Nov 2013 14:32 - 326 of 441

Booker Group (LON:BOK) had its overweight rating reaffirmed by analysts at Barclays. They currently have a GBX 187 ($3.04) target price on the stock.

SP TARGET....187p

skinny - 14 Jan 2014 15:20 - 327 of 441

Trading Statement Thursday 16th.

Nar1 - 14 Jan 2014 15:30 - 328 of 441

Hope its a good one - SP needs a new boost just sitting above the 50MA

Chart.aspx?Provider=EODIntra&Code=BOK&Si

halifax - 14 Jan 2014 15:31 - 329 of 441

sp fading after supermarket results.

skinny - 14 Jan 2014 15:32 - 330 of 441

I'd like to buy back @145 please.

goldfinger - 14 Jan 2014 15:34 - 331 of 441

No thanks. We need a good update.

halifax - 14 Jan 2014 15:36 - 332 of 441

skin we would be happy with 130p current PE 32 divi yield under 2%.

skinny - 14 Jan 2014 15:38 - 333 of 441

Ok you win.

Nar1 - 14 Jan 2014 15:39 - 334 of 441

Brokers seem to have a lot higher TP

skinny - 14 Jan 2014 15:41 - 335 of 441

Joking apart - I don't think we are going to see 130 or even 145 any time soon!

Let's see what Thursday brings.

goldfinger - 14 Jan 2014 21:08 - 336 of 441

Well if thats right Skinny Im flogging mine. R U sure??????????

I take on board many positives from U,

really is it that bad??????????????????????????

goldfinger - 14 Jan 2014 22:06 - 337 of 441

Sticking solid....................

Skinny might be right.

Knows his stuff

Wont budge me though.

skinny - 15 Jan 2014 06:35 - 338 of 441

GF - just my musings - I would like the share price to fall, so that I can buy back - but I think it unlikely I'll get my wish - let's see what tomorrow brings.

Nar1 - 15 Jan 2014 08:32 - 339 of 441

If it breaches the 50 ma then you might see a slight dip below but cant see those levels (hope not) Skinny. Let see what they have to say tomorrow.

skinny - 16 Jan 2014 07:03 - 340 of 441

Interim Management Statement

goldfinger - 16 Jan 2014 08:01 - 341 of 441

Excelent results like for like up over 4%.....

For Immediate Release
16 January 2014

Booker Group plc ('Booker')

Quarter Three Interim Management Statement

Booker Group, the UK's leading food wholesaler, is pleased to announce its trading performance for the 16 weeks to 3 January 2014. Total sales in the 16 weeks, including Makro, rose by 19.1% on the same period last year. Booker like-for-like total sales (excluding Makro) were 2.0% higher with non tobacco like-for-likes up 4.1%.

16 weeks to
3 January 2014

Total

%
Tobacco

%
Non Tobacco
%
Booker Group
Total (inc Makro)¹
19.1
1.6
29.3
Booker
Like-for-like
2.0
(1.7)
4.1

Booker Wholesale, our cash and carry division, had a good quarter. Customer numbers were up and sales were in line with expectations.

Booker Direct, Ritter, Classic and Chef Direct also had a good quarter. Chef Direct, the foodservice business we launched in 2012, is now supplying over 250,000 meals a day to our clients.

The Makro turnaround is progressing well. Non tobacco sales were down 5.9% in the 16 weeks having stopped selling some consumer ranges such as televisions. Cash and profits at Makro were in line with expectations.

Sales in India are continuing to make progress from our six branches.

The outlook for profits and net cash for the year remains in line with expectations.

Charles Wilson, Booker Chief Executive, said:

"This was a good quarter with non tobacco like-for-likes up 4.1%. Our plans for bringing Booker and Makro together are on track. We continue to improve the choice, prices and service to catering, retailing and small business customers in the UK."

Notes:
1. Makro was consolidated from 19 April 2013
2. Sales are stated net of value added tax
3. Makro's like-for-like sales decrease reflects its sales in the 16 weeks, compared to its performance as a standalone business in the equivalent period in the prior year

ENDS

For further information contact:
Tulchan Communications (PR Adviser to Booker Group plc)

Nar1 - 16 Jan 2014 09:24 - 342 of 441

SP not moving in the right direction tho

skinny - 16 Jan 2014 09:32 - 343 of 441

Investec Buy 158.15 149.00 172.00 Reiterates

goldfinger - 16 Jan 2014 09:32 - 344 of 441

16 Jan 2014 Booker Group PLC BOK Investec Buy 158.70 159.90 149.00 172.00 Reiterates

SP TARGET 172p

Might with a few broker updates.....

goldfinger - 16 Jan 2014 09:44 - 345 of 441

BRIEF-Booker total sales up 19.1 pct in 16 weeks to Jan 3

16 Jan 2014 - 07:06
Jan 16 (Reuters) - Booker Group PLC : * Total sales in the 16 weeks, including makro, rose by 19.1% on the same period last year. * Booker like-for-like total sales (excluding makro) were 2.0% higher with non tobacco like-for-likes up 4.1%. * Says Booker wholesale, cash and carry division,customer numbers were up and sales were in line with expectations. * Outlook for profits and net cash for the year remains in line with expectations. * Source text for Eikon: [ID:nRSP7664Xa] * For more news, please click here [BOK.L] ((London Equities Newsroom; +44 20 7542 7717))

Nar1 - 31 Jan 2014 21:01 - 346 of 441

http://tickerreport.com/banking-finance/120546/booker-group-pt-raised-to-gbx-175-at-citigroup-inc-bok/

skinny - 04 Feb 2014 12:58 - 347 of 441

Getting close to my 145p

david lucas - 04 Feb 2014 14:55 - 348 of 441

Yes SK that would be a good entry point! Seems to enjoy support at 150 though. Could go either way for a few days.

goldfinger - 12 Feb 2014 08:04 - 349 of 441

12 Feb 2014 Booker Group PLC BOK Berenberg Buy 158.60 158.60 164.00 186.00 Reiterates

SP TARGET 186p

Nar1 - 19 Mar 2014 13:49 - 350 of 441

JP Morgan up price target from 160p to 195p

goldfinger - 19 Mar 2014 14:08 - 351 of 441

NICE.

Nar1 - 01 Apr 2014 17:16 - 352 of 441

http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/10725457/Booker-to-supply-BHS-with-food.html

This could be a good contract if the trail is successful

goldfinger - 01 Apr 2014 17:20 - 353 of 441

Just made link live Nar, cheers.

http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/10725457/Booker-to-supply-BHS-with-food.html

skinny - 03 Apr 2014 07:03 - 354 of 441

Interim Management Statement

Quarter Four Interim Management Statement

Booker Group, the UK's leading food wholesaler, is pleased to announce its trading performance for the 12 weeks to 28 March 2014. Total sales in the 12 weeks, including Makro, rose by 16.3% on the same period last year. Booker like-for-like total sales (excluding Makro) were 1.9% higher with non tobacco like-for-likes up 3.4%.

Booker Wholesale, our cash and carry division, had a good quarter. We achieved our best ever customer satisfaction scores, customer numbers were up and sales were in line with expectations. Booker Direct, Ritter, Classic and Chef Direct also had a good quarter. The Makro turnaround is progressing well. Makro customer satisfaction improved during the quarter. Non tobacco sales in Makro were down 8.0% in the 12 weeks as a result of the decision to stop selling some consumer ranges such as televisions. Cash and profits at Makro were in line with expectations. Sales in India are continuing to make progress.

Total sales in the 52 weeks to 28 March 2014, including Makro, were £4.7bn, up by 17.3% compared to last year.

Booker like-for-like total sales (excluding Makro) in the 52 weeks to 28 March 2014 were up by 2.1%. Like-for-like non-tobacco sales rose by 4.4%, while like-for-like tobacco sales fell by 1.7%. Like-for-like sales, including tobacco, to caterers rose by 7.1% and to retailers fell by 0.5%. Customer numbers, excluding Makro, increased by 5% to 529,000 and customer satisfaction improved. Internet sales increased by 10% to £777m.

The Group had around £150m net cash at the end of the year, compared to £77m a year ago. Profits for the 52 weeks to 28 March 2014 remain in line with expectations.

skinny - 03 Apr 2014 10:53 - 355 of 441

Investec Buy 161.80 162.40 172.00 178.00 Reiterates

skinny - 04 Apr 2014 10:30 - 356 of 441

Just gone long here.

jimmy b - 04 Apr 2014 15:16 - 357 of 441

Bought in 157.66..

jimmy b - 04 Apr 2014 16:10 - 358 of 441

Hoping thats a decent entry price ,been waiting the last few days to see where these would turn .

jimmy b - 07 Apr 2014 15:22 - 359 of 441

Not my best entry price . Generally rubbish market .

Nar1 - 14 Apr 2014 21:57 - 360 of 441

Just sneaking below the 200 EMA - needs to find some support and stay above it !!!

Chart.aspx?Provider=EODIntra&Code=BOK&Si

jimmy b - 14 May 2014 12:48 - 361 of 441

I don't know if your still in skinny but we're going back up.

Nar1 - 14 May 2014 15:36 - 362 of 441

Still in Jimmy

skinny - 14 May 2014 15:56 - 363 of 441

Yes - about break even!

jimmy b - 14 May 2014 20:01 - 364 of 441

Me too ,i'd like some kind of a profit before the FTSE gives up , gotta happen soon.

goldfinger - 15 May 2014 08:26 - 365 of 441

Today's positive candidate - London Stock Exchange
BOOKER GROUP PLC (BOK) - Price: 156.50, 14 May.

BOOKER GROUP PLC has broken the floor of the rising trend, which indicates a weaker initial rising rate. Has broken a double bottom formation. A decisive break of the resistance at 153 will signal a rise to 162 or more. The stock has support at pence 150 and resistance at pence 167. The volume balance is positive and strengthens the stock in the short term. The stock is overall assessed as technically positive for the medium long term.
The medium long term: Positive candidate

jimmy b - 15 May 2014 15:47 - 366 of 441

Well we broke resistance at 153p GF only downward :)) ..

goldfinger - 15 May 2014 16:13 - 367 of 441

Nearly everything is bombing down sadly Jimmy.

Glad I flogged off most 2 weeks ago.

Nar1 - 15 May 2014 20:25 - 368 of 441

Thanks Goldfinger for your technical analysis - looking for 180 plus

goldfinger - 16 May 2014 14:43 - 369 of 441

Cheers Nar1.

Market in general is difficult though at the moment.

jimmy b - 16 May 2014 14:46 - 370 of 441

Took a month to go up and a day to go down ,always the way..

Nar1 - 18 May 2014 20:55 - 371 of 441

Lets see what the 22nd May results update tells us.

Should have news of a dividend and maybe a special dividend as stated before.

skinny - 22 May 2014 07:09 - 372 of 441

Final Results

Financial Highlights
· Total sales £4.7bn, +17.3%
· Booker like-for-like sales (excluding Makro) +2.1%. Non tobacco sales up 4.4% and tobacco sales down 1.7%
· Operating proﬁt (pre £3.4m net exceptional credit related to Makro acquisition) +23% to £120.4m
· Operating profit (post exceptionals) £123.8m, +30%
· Profit before tax (pre exceptionals) £118.7m, +25%
· Profit after tax (post exceptionals) £105.2m, +38%
· Basic earnings per share up 1.55 pence to 6.06 pence
· Net cash improved to £149.6m (2013: £77.2m)
· Total dividend of 3.20 pence per share, up 22%
· Proposed return of capital of 3.50 pence per share

Operational Highlights
· Our plan to Focus, Drive and Broaden Booker Group continues to make progress
· Our best ever customer satisfaction at Booker and Makro
· Makro turnaround is on track, having delivered £26m of synergies
· Internet sales up 10% to £777m
· Booker Direct, Ritter Courivaud, Classic and Chef Direct continue to make good progress
· We now have six branches in India, having opened two branches in the year

Return of capital
In July 2012 Booker Group plc issued £124m of shareholder equity to acquire Makro in the UK. Following the successful integration of Makro into the Group and a period of strong cash generation, the Board is proposing to implement a capital return to shareholders of 3.50 pence per ordinary share (at a cost of approximately £61m, based on the current issued share capital of the Company). It is proposed that this is achieved by the issue of a new class of "B" shares which shareholders will be able to redeem for cash. The return of capital requires the approval of shareholders, which will be sought at the Annual General Meeting on 9 July 2014. Further details of the proposed return of capital will be set out in a circular to shareholders which will accompany the notice convening this year's Annual General Meeting. We currently anticipate returning a similar amount to shareholders in July 2015 and will provide an update on this at the 2015 Final Results announcement in May 2015, in light of circumstances prevailing at that time.

Outlook
The Group's trading in the first seven weeks of the current financial year is ahead of last year. We anticipate that the challenging consumer and market environment will persist through the coming year and the UK's food market remains very competitive.

Whilst there is increasing price competition in the UK grocery and discount sectors, we will continue to deliver our plans to offer our customers even better choice, prices and service supported by the continued delivery of the Makro synergy plans and our efficiency programmes. We are on track to deliver an outcome for the new financial year in line with our plans and to make progress in this challenging environment.

Nar1 - 22 May 2014 07:16 - 373 of 441

See where the Sp does now

skinny - 22 May 2014 09:24 - 374 of 441

Investec Buy 142.95 142.40 178.00 178.00 Reiterates

jimmy b - 22 May 2014 09:43 - 375 of 441

Iv'e just become a long term investor :))

HARRYCAT - 22 May 2014 09:56 - 376 of 441

130p looks likely in the short term, imo.

Nar1 - 22 May 2014 10:49 - 377 of 441

Solid results and sp drops typical

skinny - 22 May 2014 10:52 - 378 of 441

Hmmm.

HARRYCAT - 22 May 2014 10:53 - 379 of 441

Yes, I agree. Seems like a well run company, with good results. Maybe the phrase 'We anticipate that the challenging consumer and market environment will persist through the coming year and the UK's food market remains very competitive' spooked a few investors?

skinny - 22 May 2014 10:58 - 380 of 441

Must be Harry - I await JP Morgan Cazenove's update note.

jimmy b - 22 May 2014 11:46 - 381 of 441

Very hard to make a call on fundamentals these days.

2517GEORGE - 22 May 2014 14:12 - 382 of 441

The PE is a bit toppy.
2517

jimmy b - 22 May 2014 14:59 - 383 of 441

22 May Investec 178.00 Buy

Not that this will make any difference ,just about every one i hold has huge broker rec s on them .

jimmy b - 23 May 2014 17:11 - 384 of 441

Cash-and-carry firm Booker Group, which supplies food to pubs and restaurants, has been tipped as one of the companies that could benefit from Britain’s continuing economic recovery.
As consumers become more confident and increase their high street spending, it is not only retailers that are poised to benefit – suppliers such as Booker Group should, too.
Nigel Thomas, who runs the Axa Framlington UK Select Opportunities fund, has been buying shares in the firm.
“Under the astute leadership of Charles Wilson, the company has flourished in a sector characterised by three main growth drivers – convenience, discount and online,” he said.
The firm supplies 340,000 independent catering businesses, 74,000 independent retailers and 3,000 convenience stores.

Mr Thomas added: “IGD, the food research and training charity, has monitored the growth of food revenues over the past five years and found that consumption outside the home has grown by 18pc, convenience by 29pc, discount by 65pc, online by 98pc, and mainline supermarkets and hypermarkets by only 8pc. Booker itself has made £800m of web sales from nil in 2005.”
Mr Thomas said because the growth in food revenues had been small for supermarkets, he did not hold Tesco, Sainsbury’s or Morrisons in the fund.

jimmy b - 10 Jun 2014 09:19 - 385 of 441

10 Jun Goldman Sachs 200.00 Buy

skinny - 10 Jun 2014 09:35 - 386 of 441

Ex dividend tomorrow 2.75p.

jimmy b - 10 Jun 2014 12:19 - 387 of 441

That'l help skinny .

Nar1 - 25 Jun 2014 08:45 - 388 of 441

BOOKER GROUP PLC - RETURN OF CAPITAL

Booker Group PLC (Booker) is proposing a Return of Capital on the following basis:

3.5 pence in cash for each share held on the Record Date, 9th July 2014.

jimmy b - 08 Jul 2014 11:17 - 389 of 441

8 Jul JP Morgan... 195.00 Overweight

Nar1 - 08 Jul 2014 13:04 - 390 of 441

Jimmy - let's see we it goes very small increase increments

jimmy b - 08 Jul 2014 13:14 - 391 of 441

Small !! it's done nothing for ages , i'm looking forward to the Divi tomorrow at least thats something .

Nar1 - 08 Jul 2014 14:23 - 392 of 441

Same here brokers have high expectations tho

skinny - 09 Jul 2014 07:07 - 393 of 441

AGM & Q1 Interim Management Statement

Booker Group plc ('Booker Group')
Annual General Meeting and Quarter One Interim Management Statement
For the 12 weeks to 20 June 2014

Booker Group, the UK's leading food wholesaler, is holding its Annual General Meeting at 11am today. At the meeting, Chief Executive Charles Wilson will read out the following Interim Management Statement:

"Overall it has been a good quarter. Total sales, including Makro, were up 3.8%. Booker's non tobacco like-for-likes (excluding Makro) were up 3.6%.

Booker Wholesale, our cash and carry division, had a good quarter. Customer numbers were up and sales were in line with expectations. Overall, our delivered wholesale businesses had a good quarter. The Makro turnaround is on track with cash and profits in line with expectations. Makro's non tobacco like-for-likes were down 12.0% as we have continued to exit non profitable, non professional categories. Sales in India are continuing to make progress.

Our financial position remains strong with a net cash position. As previously announced, we are today seeking shareholder approval to implement a capital return to shareholders of 3.50 pence per ordinary share at a cost of approximately £61m.

After a good start, we anticipate that Booker Group is on course to meet expectations for the year ending 27 March 2015."

more....

jimmy b - 09 Jul 2014 14:17 - 394 of 441

Date Broker New target Recomm.
9 Jul Panmure Gordon 150.00 Hold
8 Jul JP Morgan... 195.00 Overweight

Panmure , that didn't help !

skinny - 09 Jul 2014 15:45 - 395 of 441

Its gone a strange blue.

skinny - 03 Sep 2014 08:13 - 396 of 441

Placing of Shares in Booker Group plc

Results of Placing in Booker Group plc

Placing of Shares in Booker Group plc replacement

kernow - 03 Sep 2014 08:20 - 397 of 441

Oh dear.

skinny - 03 Sep 2014 08:27 - 398 of 441

I've just had a dabble @126.50p!!

skinny - 15 Sep 2014 12:06 - 399 of 441

Trading Statement this Thursday 18th.

skinny - 18 Sep 2014 07:01 - 400 of 441

Interim Management Statement

Booker Group is the UK's leading food wholesaler. Total sales in the 12 weeks to 12 September 2014, including Makro, rose by 0.1% on the same period last year. Booker like-for-likes (excluding Makro) were 1.8% higher with non tobacco like-for-likes up 3.1%. After a good start, we anticipate that Booker Group is on course to meet expectations for the year ending 27 March 2015.

Total sales in the 24 weeks to 12 September 2014, including Makro, rose by 1.9% on the same period last year. Booker like-for-likes (excluding Makro) were 2.4% higher with non tobacco like-for-likes up 3.4%.

Booker Wholesale, our cash and carry division, had a good quarter. Customer numbers were up and sales were in line with expectations. Overall, our delivered wholesale businesses continued to make progress. The Makro turnaround is on track with cash and profits in line with expectations. Makro's non tobacco like-for-likes were down 10.8% in the 12 weeks and down 11.4% in the half as we continued to exit non profitable, non professional categories. We have converted 4 Makro outlets to the new, improved format and will complete a further 4 in the second half. Sales in India are continuing to make progress.

Our financial position remains strong with a net cash position of £107m.

skinny - 18 Sep 2014 12:43 - 401 of 441

Finally a trend reversal.

Chart.aspx?Provider=EODIntra&Code=BOK&Si

Investec Buy 121.10 178.00 178.00 Reiterates

Panmure Gordon Hold 121.10 150.00 150.00 Reiterates

JP Morgan Cazenove Overweight 121.10 - - Reiterates

Nar1 - 18 Sep 2014 15:41 - 402 of 441

About time we started heading the right way

skinny - 16 Oct 2014 07:54 - 403 of 441

Half Yearly Report

Interim Results
for the 24 weeks ended 12 September 2014

Booker Group is the UK's leading food wholesaler. This announcement contains the interim results of Booker Group plc ('Booker') for the 24 weeks ended 12 September 2014.

Financial Highlights
· Total sales £2.3bn, +1.9%
· Booker like-for-like sales (excluding Makro) up 2.4%. Non tobacco sales up 3.4% and tobacco sales up 0.6%
· Operating proﬁt (pre £7.0m prior year exceptional credit related to Makro acquisition) +15% to £68.1m
· Profit before tax (pre exceptionals) £67.4m, +16%
· Profit after tax (post exceptionals) £55.3m, +3%
· Underlying earnings per share up 16% at 3.17 pence
· Basic earnings per share up 2% at 3.17 pence
· Net cash of £107.2m
· Interim dividend of 0.52 pence per share, up 16%
· As previously indicated, intended return of capital in July 2015

Operational Highlights
· Our plan to Focus, Drive and Broaden Booker Group continues to make progress
· Makro integration is on track
· Booker customer satisfaction improved during the period
· Internet sales up 12% to £413m in the half
· Plan to increase delivery capacity over the next two years by 80%
· Booker Direct, Ritter Courivaud, Classic and Chef Direct continue to make good progress
· Booker India is on track

Outlook
The Group's trading in the first four weeks of the current half year is ahead of the same period last year. We anticipate that the challenging consumer and market environment will persist through the coming year and the UK's food market remains very competitive.

Whilst there is increasing price competition in the UK grocery and discount sectors, we will continue to deliver our plans to offer our customers even better choice, prices and service. We are on track to deliver an outcome for the financial year in line with our plans and to make progress in this challenging environment.

Commenting on the results, Charles Wilson, Chief Executive of Booker, said:

"We have had a good half and our plan to Focus, Drive and Broaden the business remains on track. Despite the challenges in the UK grocery market we continue to provide our retail, catering and small business customers with improved choice, prices and service via the internet, delivery and cash and carry."

skinny - 16 Oct 2014 16:00 - 404 of 441

Now moving up against the market.

skinny - 17 Oct 2014 10:15 - 405 of 441

Investec Buy 124.10 178.00 178.00 Reiterates

Panmure Gordon Hold 124.10 150.00 150.00 Reiterates

JP Morgan Cazenove Overweight 124.10 - - Reiterates

Nar1 - 27 Oct 2014 14:20 - 406 of 441

Booker Group Plc Receives Overweight Rating from Barclays (BOK)
October 27th, 2014 - 0 comments - Filed Under - by Mindy Fischer
Share on StockTwits

Booker Group Plc logoBooker Group Plc (LON:BOK)‘s stock had its “overweight” rating reaffirmed by investment analysts at Barclays in a note issued to investors on Monday. They currently have a GBX 187 ($3.01) target price on the stock. Barclays’ price target would suggest a potential upside of 43.30% from the stock’s previous close.

Nar1 - 29 Oct 2014 13:56 - 407 of 441

Steady rise

skinny - 29 Oct 2014 13:57 - 408 of 441

Gap closed for now.

Nar1 - 05 Nov 2014 20:00 - 409 of 441

Doing well

skinny - 10 Dec 2014 10:11 - 410 of 441

IMS should be in January.

jimmy b - 10 Dec 2014 10:59 - 411 of 441

Been a long term investor here since April :) nearly back to break even , actually i'm ahead with the Divi's .
May get out with a couple more pennies .

Nar1 - 10 Dec 2014 14:15 - 412 of 441

similar still situation waiting for BE should have topped at lower levels tho but didnt

jimmy b - 10 Dec 2014 22:01 - 413 of 441

Looking for 160p Nar ,then i'll have a small profit even though it's taken half my life to get there.

jimmy b - 19 Dec 2014 16:35 - 414 of 441

Out today 157.6p ,so with divi's a profit

Nar1 - 31 Dec 2014 13:10 - 415 of 441

Looking Good for the New Year 2015

skinny - 15 Jan 2015 07:02 - 416 of 441

Interim management Statement

Booker Group, the UK's leading food wholesaler, is pleased to announce its trading performance for the 16 weeks to 2 January 2015. Total sales in the 16 weeks, including Makro, rose by 1.4% on the same period last year. Booker like-for-like sales (excluding Makro) were 2.5% higher with non tobacco like-for-likes up 2.6%.

Booker Wholesale, our cash and carry division, had a good quarter. Customer numbers were up and sales were on track. Overall, Booker Direct, Chef Direct and Ritter performed in line with expectations.

The Makro turnaround is on track. Non tobacco sales were down 6.5% in the 16 weeks as we continued to exit non profitable, non professional categories. We have now converted 9 Makro outlets to the new, improved format.

Sales in India continued to make progress from our six branches.

The outlook for profits and net cash for the year remains in line with expectations.

Charles Wilson, Booker Chief Executive, said:

"This was a good quarter, with Booker Group continuing to make progress in a challenging market. Our non tobacco like-for-likes were up 2.6%. Our plans to Focus, Drive and Broaden remain on track. We continue to improve the choice, prices and service to catering, retailing and small business customers in the UK."

Note: Sales are stated net of value added tax

ENDS

skinny - 04 Feb 2015 13:19 - 417 of 441

Berenberg Buy 151.25 - 189.00 Resumes

skinny - 02 Apr 2015 07:31 - 418 of 441

Quarter Four Trading Update

Booker Group, the UK's leading food wholesaler, is pleased to announce its trading performance for the 12 weeks to 27 March 2015. Total sales in the 12 weeks, including Makro, rose by 1.0% on the same period last year. Booker like-for-like total sales (excluding Makro) were 1.7% higher with non tobacco like-for-likes up 2.3%.

skinny - 21 May 2015 07:06 - 419 of 441

Final Results

Financial Highlights
· Total sales £4.8bn, +1.5%
· Booker like-for-like sales (excluding Makro) +2.3%. Non tobacco sales (excluding Makro) +2.9% and tobacco sales +1.1%
· Operating proﬁt £140.3m, +17% (pre prior year £3.4m net exceptional credit relating to Makro acquisition)
· Profit after tax (post exceptionals) £117.7m, +12%
· Basic earnings per share up 0.67 pence to 6.73 pence
· Net cash £147.0m (2014: £149.6m)
· Final dividend of 3.14p, taking the total dividend to 3.66 pence per share, an increase of 14%
· Proposed return of capital of 3.50 pence per share

Operational Highlights
· Our plan to Focus, Drive and Broaden Booker Group continues to make progress
· Customer satisfaction continued to improve
· Makro turnaround is on track
· Internet sales up 12% to £874m
· Booker Direct, Ritter Courivaud, Classic and Chef Direct continue to make good progress
· Premier our symbol group and Family Shopper our local discount format had a strong year
· Sales in India are on track
· We have refined the Group structure to improve choice, prices and service to all our customers

Return of Capital
In July 2012 Booker Group plc issued £124m of shareholder equity to acquire Makro in the UK. Following the successful integration of Makro into the Group and a period of strong cash generation, the Board implemented a capital return to shareholders of 3.50 pence per ordinary share (at a cost of approximately £61m) in July 2014. Given the continued successful development of the Group, the Board is proposing a second capital return to shareholders of 3.50 pence per ordinary share (at a cost of approximately £62m, based on the current issued share capital of the company). It is again proposed that this is achieved by the issue of a new class of "B" shares which shareholders will be able to redeem for cash. The return of capital requires the approval of shareholders, which will be sought at the Annual General Meeting on 8 July 2015. Further details of the proposed return of capital will be set out in a circular to shareholders which will accompany the notice convening this year's Annual General Meeting.

We currently anticipate returning a similar amount to shareholders in July 2016 and will provide an update on this at the 2016 Final Results announcement in May 2016 in light of circumstances prevailing at that time.

Outlook
The Group's trading in the first seven weeks of the current financial year is ahead of last year. However, we anticipate that the challenging consumer and market environment will persist through the coming year and the UK's food market remains very competitive.

Whilst there is increasing price competition in the UK grocery and discount sectors, we will continue to deliver our plans to offer our customers even better choice, prices and service supported by the continued delivery of our efficiency programmes. We are on track to deliver an outcome for the new financial year in line with our plans and to make progress in this challenging environment.

Charles Wilson, Chief Executive of Booker, said:

"This was a good year. Customer satisfaction continued to improve, which helped grow Group sales to £4.8bn. Our plans to Focus, Drive and Broaden the business remain on track. We look forward to helping our customers prosper in the years ahead."

skinny - 21 May 2015 07:07 - 420 of 441

Proposed Acquisition of Londis and Budgens

HARRYCAT - 21 May 2015 08:04 - 421 of 441

That takes BOK into the high street retail market, even though it will only be the corner shop niche. Not sure that is a very good idea at the moment.

skinny - 21 May 2015 08:08 - 422 of 441

Well the market likes it! :-)

Chart.aspx?Provider=EODIntra&Code=BOK&Si

Nar1 - 21 May 2015 08:37 - 423 of 441

Nice -

hangon - 21 May 2015 10:05 - 424 of 441

Corner shops would seem to be the new grounds for Supermarkets, because folks are not doing the Big-Shop rather buying less when needed, even though more expensive. Presumably they save overall. For Big-supermarkets they can mop-up from their falling sales Out-of-Town locations.
TSCO has been actively buying old pub-sites . . . not sure when/if these will mature and some may be sold-on....
If BOK wants to go "Corner-Shop" then they should manage a better margin, although very careful attention to distribution and "Local demands" - this will mean stock-control like never before . . . . but if BOK has the determination and "clarity" there is no reason it shouldn't fit-in somewhere under Waitrose Local and the non-corner Aldi/Lidl ( Although these two have small sites AND they often sell "Specials" every week - so they are telling their local-folks what they want . . . .by keeping stock Low, they rarely have any "Overs".
I don't hold BOK, yet......but might on a dip as they knock into shape - for smooth-running.

skinny - 21 May 2015 11:22 - 425 of 441

Investec Buy 166.75 178.00 185.00 Reiterates

HARRYCAT - 22 May 2015 15:19 - 426 of 441

Note from Morgan Stanley yesterday:
"Bottom line: Although largely expected (Booker had already announced its year-end net cash position), Booker has just released another solid statement with profits up +17% despite a worsening operating environment. But the ‘new news’ today, which we believe will be taken positively by the market, is a clear step towards balance sheet optimisation with (i) Booker announcing a further c.£60m cash return next year (on top of the £123m already announced) and (ii) Booker announcing the purchase of Musgrave’s symbol groups in the UK (£900m of sales).
Group: Booker’s full year EBIT reached £140m, in line with expectations (Booker had already released its net cash figure of £147m at its IMS on April 2nd). This corresponds to a margin accretion of close to 40bps (to 2.9%) compared to last year’s levels, which we see as a particularly robust performance given the prevailing deflationary environment. In our view, the main contributing factor to this increase has been the turnaround plan at Makro where management’s focus on cash generation has led to a drastic removal of unprofitable selling lines from Makro stores, but also to opex synergies. We however note that top line momentum at Makro has been a bit slow to kick in.
Cash generation: As expected and in line with the company’s guidance, Booker returned £62m of cash to shareholders (following a previous tranche of £61m distributed this time last year). But in addition, Booker has announced the (unexpected) intention to return a further £61m to shareholders in July 2016. Separately, DPS was reported at 3.7p, (vs. 3.2p in FY14), corresponding to a 54% payout ratio (broadly in line with FY14).
Londis/Budgens acquisition – balance sheet optimisation: This morning, Booker announced the acquisition of Musgrave’s Group symbol groups Londis and Budgens for £40m (subject to Competition Authority approval). Londis is a symbol retail chain of 1,630 convenience stores, with a £594m turnover to December 2014. Budgens is a franchised chain of grocery stores with 167 stores generating sales of £329 million in 2014. So in 2014, the combined assets generated sales of £833 million and made an operating loss before exceptional items of £7.4 million.
Outlook: In line with comments made at its Q4 IMS, Booker remains cautious in its outlook given the prevailing (and higher than last year) deflation in the food retail market and a very competitive market. In the release, Booker says that “trading in the first seven weeks is ahead of last year”.
Valuation: As of yesterday’s close price and on CY15 consensus numbers, Bookers trades on an EV/EBIT of 16.1x and a FCF yield of c.4.8%. This compares to a Pan-European sector average of 13.4x and 4.4% respectively."

skinny - 08 Jul 2015 07:04 - 427 of 441

AGM & Q1 Trading Update

HARRYCAT - 03 Sep 2015 08:50 - 428 of 441

StockMarketWire.com
Booker Group's total sales for the 10 weeks to the 28 August were down 2.0% due to ban on small stores displaying tobacco products.

Non-tobacco like-for-like sales were up 0.5% in the period.

The group has brought forward its September trading update following yesterday's decision by the Competition and Markets Authority to clear Booker's acquisition of Londis and Budgens in Great Britain.

The update says: "Booker Wholesale with Makro, our cash and carry division, had a good period. Customer satisfaction improved and profit performance was in line with expectations. Our delivered wholesale businesses Booker Direct, Chef Direct, Classic and Ritter also had a good period. Sales in India are continuing to make progress.

"Our balance sheet remains strong with a net cash position as at 28 August 2015 of approximately £110m." Booker Group remains on course to meet expectations for the year ending 25 March .

Chief executive Charles Wilson said: "Booker Group continues to make good progress. Our plan to Focus, Drive and Broaden Booker Group is on track. We continue to improve choice, price and service to become the best supplier to caterers, retailers and small businesses in the UK. We are pleased that the acquisition of Londis and Budgens has been cleared by the CMA. This will help strengthen our support for independent retailers throughout Great Britain."

skinny - 04 Sep 2015 12:20 - 429 of 441

Beaufort Securities Buy 178.40 - - Retains

JP Morgan Cazenove Overweight 178.40 174.00 200.00 Reiterates

HARRYCAT - 15 Oct 2015 09:21 - 430 of 441

StockMarketWire.com
Food wholesaler Booker Group posts pre-tax profits of £74.1m for the 24 weeks to 11 September - up 10% on last time.

Total sales fell by 1.0% to £2.2bn but like-for-like non tobacco sales were up 0.6% while tobacco sales were down 3.7%, Operating proﬁt rose by 10% to £75.0m.4

Basic earnings per share rose by 9% to 3.45 pence and the interim dividend of 0.57 pence per share is up 10%.

Chief executive Charles Wilson, said: "This was a solid performance and our plan to Focus, Drive and Broaden the business remains on track. Despite the challenges in the UK grocery market we continue to improve choice, prices and service for our retail and catering customers. We are delighted that Londis and Budgens have joined Booker and we look forward to growing with our customers

skinny - 12 Jan 2016 14:03 - 431 of 441

Citigroup Neutral 168.60 214.00 170.00 Downgrades

skinny - 14 Jan 2016 07:55 - 432 of 441

Quarter Three Trading Update

Booker Group, the UK's leading food wholesaler, is pleased to announce its trading performance for the 16 weeks to 1 January 2016.

16 weeks to 1 January 2016

Group sales, including Budgens and Londis, rose by 10.5% on the same period last year. Booker Wholesale with Makro, our cash and carry division, had a good quarter for customer numbers, customer satisfaction and cash profit. Non tobacco sales reduced by 1.3% on a like-for-like basis. They were impacted by deflation in food prices and many customers reporting weak consumer demand during the period. Tobacco sales continued to be adversely impacted by the ban on small stores displaying tobacco products, down 6.9% like-for-like. Booker Direct, Chef Direct and Ritter performed as we expected. We made good progress on the integration of Londis and Budgens, which joined the Group on 14 September 2015. Sales in India continued to make progress from our six branches.

The outlook for profits and net cash remains in line with the guidance given at the Interim Results.

HARRYCAT - 31 Mar 2016 08:41 - 433 of 441

StockMarketWire.com
Food wholesaler Booker Group's sales, including Budgens and Londis, rose by 10.6% in the 12 weeks to 25 March on the corresponding period last year.

Booker Wholesale with Makro, its cash and carry business, had a good quarter for customer numbers, customer satisfaction and cash profit. Non tobacco sales reduced by 0.7% on a like-for-like basis.

These sales were impacted by deflation in food prices and many customers reporting weak consumer demand during the period. Tobacco sales continued to be adversely impacted by the ban on small stores displaying tobacco products, down 6.1% like-for-like.

Booker Direct, Chef Direct, Ritter and Booker India performed as the group expected. Premier continues to grow and we made good progress on the integration of Londis and Budgens. For the 52 weeks to 25 March 2016, total sales (including Budgens & Londis) were GBP5.0bn, up by 5.0% compared to last year. Booker like-for-like total sales were down by 1.9%.

Like-for-like non-tobacco sales declined by 0.3%, and like-for-like tobacco sales fell by 5.2%. Like-for-like total sales to caterers rose by 0.6% including Classic and by 1.9% excluding Classic.

Classic, its on trade wholesale business, exited some unprofitable business. During the year the group said it continued to see price deflation in the catering market. Like-for-like total sales to retailers reduced by 2.2% primarily due to the tobacco display ban. Customer satisfaction scores were strong and internet sales increased by 12% to £979m (excluding Budgens & Londis). The Group had approximately £126m net cash at the end of the year. Profits for the 52 weeks to 25 March 2016 remain in line with expectations. Booker chief executive Charles Wilson said: "Overall, 2015/16 was a good year. Customer satisfaction scores were strong, sales and profits were the best we have ever achieved. We made good progress on the integration of Londis and Budgens. We continue to improve choice, prices and service to our customers. Booker Group remains on track to Focus, Drive and Broaden the business."

Chris Carson - 16 May 2016 10:20 - 434 of 441

Interim Thursday.

skinny - 18 May 2016 14:26 - 435 of 441

Goldman Sachs Buy 175.85 171.00 198.00 Upgrades

HSBC Buy 175.85 230.00 230.00 Reiterates

skinny - 19 May 2016 07:15 - 436 of 441

Final Results

Final Results of Booker Group plc
for the 52 weeks ended 25 March 2016

This announcement contains the final results of Booker Group plc ('Booker' or the 'Company') for the 52 weeks ended 25 March 2016. Booker is the UK's leading food wholesaler.

Financial Highlights
· Total sales £5.0bn, +5.0%. Non tobacco sales +6.3% and tobacco sales +2.2%

· Booker like-for-like total sales -1.9%. Non tobacco sales -0.3% and tobacco sales -5.2%

· Like-for-like sales to caterers +0.6% including Classic (+1.9% excluding Classic); and to retailers -2.2%

· Operating proﬁt (before exceptionals) £155.1m, +11%

· Profit after tax (post exceptionals) £127.8m, +9%

· Basic earnings per share up 0.51 pence to 7.24 pence

· Net cash £127.4m (2015: £147.0m)

· Final dividend of 4.03 pence per share, taking the total dividend to 4.60 pence per share (2015: 3.66 pence per share)

· Proposed return of capital of 3.20 pence per share (2015: 3.50 pence per share)

· Total return to shareholders of 7.80 pence per share (2015: 7.16 pence per share), +9%

Operational Highlights
· Our plan to Focus, Drive and Broaden Booker Group continues to make progress

· Customer satisfaction was strong as we continue to improve choice, price and service for our customers

· We made good progress on the catering and retail sides of the business

· Booker Direct, Ritter Courivaud and Chef Direct had a good year

· Premier and Family Shopper continued to grow

· Budgens and Londis have joined the Group and are working well

· India is on track

· Internet sales up 12% to £979m (excluding Budgens & Londis)

Return of Capital
In July 2012 Booker Group plc issued £124m of shareholder equity to acquire Makro in the UK. Following the successful integration of Makro into the Group and a period of strong cash generation, the Board implemented a capital return to shareholders of 3.50 pence per ordinary share in each of July 2014 and July 2015 at a cost of approximately £61m pa. Given the continued successful development of the Group, the Board is proposing a third capital return to shareholders of 3.20 pence per ordinary share (at a cost of approximately £57m, based on the current issued share capital of the Group). It is again proposed that this is achieved by the issue of a new class of "B" shares which shareholders will be able to redeem for cash. The return of capital requires the approval of shareholders, which will be sought at the Annual General Meeting on 6 July 2016. Further details of the proposed return of capital will be set out in a circular to shareholders which will accompany the notice convening this year's Annual General Meeting.

We currently anticipate returning a similar amount to shareholders in July 2017 and will provide an update on this at the 2017 Final Results announcement in May 2017 in light of circumstances prevailing at that time.

Outlook
The Group's trading in the first seven weeks of the current financial year is ahead of last year. However, we anticipate that the challenging consumer and market environment will persist through the coming year and the UK's food market remains very competitive.

Whilst there is increasing price competition in the UK grocery and discount sectors, we will continue to deliver our plans to offer our customers even better choice, prices and service supported by the continued delivery of our efficiency programmes. We are on track to deliver an outcome for the new financial year in line with our plans and to make progress in this challenging environment.

HARRYCAT - 27 Jan 2017 08:51 - 437 of 441

StockMarketWire.com
Food retailer Tesco is to merge with food wholesaler Booker Group in a recommended shares and cash deal that values the latter company at about £3.7bn.

Booker scheme shareholders would receive 0.861 new Tesco shares for each share they owned, plus 42.6p cash.

This represented a value of about 205.3p for each Booker share, and a value of about £3.7bn for that company's share capital. Booker's shares closed at 183.1p on Jan. 26.

The merger would result in Booker shareholders owning about 16% of the combined group.

Both companies said the combined group would bring benefits for consumers, independent retailers, caterers, small businesses, suppliers, and colleagues, as well as delivering significant value to shareholders.

The combined group would be well placed to serve the large, established 'in home' food market as well as the faster growing 'out of home' food market.

By bringing together Tesco and Booker's retail and wholesale expertise, supply chain and digital capabilities, the combined group would be able to provide greater choice, quality, price and service in the food market, whilst improving efficiency and reducing food waste.

The combined group would bring together the capacity and capability to generate new growth and deliver significant revenue and cost synergies.

"Tesco has made significant progress in turning around our UK retail business," said Tesco's CEO, Dave Lewis, in a statement.

"This Merger with Booker will further enhance Tesco's growth prospects by creating the UK's leading food business with combined expertise in retail, wholesale, supply chain and digital," he added.

"Wherever food is prepared and eaten - 'in home' or 'out of home' - we will meet this opportunity with the widest choice and best service available."

kernow - 27 Jan 2017 09:07 - 438 of 441

sold my holding. The premium now is worth more than the future divis and return of capital. TSCO could, I fear carry a touch of doom to BOK.

skinny - 30 Mar 2017 07:32 - 439 of 441

Q4 Trading Update

Booker Group, the UK's leading food wholesaler, had a good quarter. Group non tobacco sales rose by 4.5% with non tobacco like-for-likes up 4.7%. Group tobacco sales declined by 7.9% with tobacco like-for-likes down 7.5%. Tobacco sales are being impacted by the tobacco display ban and new plain packaging restrictions coming into force. Total sales were up 0.5% and like-for-likes were up 0.7%.

more.....

HARRYCAT - 05 Jul 2017 09:24 - 440 of 441

StockMarketWire.com
Booker Group's first quarter sales rose by 4.0% on a year ago with like for likes up 4.2%, shareholders at the annual general meeting today will be told.

Chief executive Charles Wilson will say: "Non tobacco sales grew by 9.6% on a like-for-like basis.

"Favourable weather and the late Easter assisted this growth. Tobacco sales continued to be adversely impacted by changes in tobacco legislation, down 7.9% like-for-like.

"The Group had a solid quarter for customer satisfaction and cash profit. Booker Direct, Chef Direct, Ritter and Booker India performed as we expected. Premier continues to grow and we continue to make good progress with Budgens and Londis.

"Our balance sheet remains strong with a net cash position.

"As previously announced, we are today seeking shareholder approval to pay a special dividend of 3.02 pence per ordinary share at a cost of approximately £54m.

"This is in addition to the final dividend of 4.97 pence per ordinary share which is also being proposed at the Annual General Meeting.

"On 27 January we announced the planned merger with Tesco and we are currently going through the review process with the Competition Authority.

"As a result of the proposed merger, we are in an offer period as defined in the Takeover Code and will not be making forward looking statements for the duration of the offer period."

Wilson added: "This was a good quarter. Our plans to Focus, Drive and Broaden the Group are on track.

"On 27 January we announced the planned merger with Tesco and we are going through the competition process.

"Meanwhile business as usual is going well as we continue to improve choice, prices and service for our retail, catering and small business customers."

lelael - 29 Nov 2017 16:18 - 441 of 441

somebody paid a premium for a shed load of these earlier today, hope they didn't miss the 1 off!
these were trading at 2.192 at the time.
The trade appears to be at 2.92, and they had an awful lot!

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