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

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

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

What a good little share.

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

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

A nice 4.96% rise today SP 67.70

A little bute.

Up another 3% today.

Well done BOK. + 3.77% sp 70.25

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

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

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

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

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

I am in until 75p

Come on 75p

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

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

SP 70.40 today can see 75p soon.

i quietly averaged up earlier today.
regards
jkd