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

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.

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

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

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

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

Back up 3.03% today. 75.78

Something happening as FTSE and DOW are taking a pounding

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
.

Very volatile, down 2.44% this morning

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

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

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.