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

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..

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

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.

Cheers lelael,, good run with EROS.

Been out for a bit Jimmy evens I think.

yep boring stock.

Breakout at last !!.....

you could be right......

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

My sentiments exactly.

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 -------------------

thanks for the charts.

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.

Has this been tipped by Nakedtrader..?

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

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..

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."

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?

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

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

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.