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

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

My only red share today. OK only small red.

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

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.

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

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

Let's hope so.

Highest price today since float 70.45

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

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

SP up 6.17% today. New high 74.80

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!)

75p here now. Well done Harry.

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

Thank's Skinny 76.47 now up 8.55% today.

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.