Yearly Chart



Daily Intraday Chart



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.



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

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."

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.

Topped up today

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

No fooling!

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

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

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

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

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

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

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

Watch it rise today.

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)

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

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

Forgot I had this one

i see it wasnt so boring today.
regards
jkd

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

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.

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