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

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.

80p coming soon

Strange no trades

RNS Number : 2622O

Booker Group PLC

15 September 2011

15 September 2011

Booker Group plc ('Booker')

Quarter Two Trading Update and

Notification of Interim Results Announcement

Total sales in the 12 weeks to 9 September 2011 rose by 7.6% on the same period last year. Non-tobacco sales were 7.6% higher, while tobacco sales rose by 7.6%. On a like-for-like basis total sales rose by 5.6%, non-tobacco sales by 4.5% and tobacco sales by 7.6%. Fresh departments performed particularly well with fruit and vegetable sales up 34%.

Total sales in the 24 weeks to 9 September 2011 rose by 8.5% on the same period last year. Non-tobacco sales were 8.3% higher, while tobacco sales rose by 8.9%. On a like-for-like basis total sales rose by 6.5%, non-tobacco sales by 5.1% and tobacco sales by 8.8%.

Classic and Ritter Courivaud, the two businesses we acquired in October 2010 are performing well. In India our Mumbai branch is trading well, we will open in Pune, India, next week and expect to have our second branch in Mumbai open in December. As at 9 September 2011 net cash was GBP58m versus net cash of GBP10m a year ago. Having had a good first half the outlook for the year as a whole remains unchanged.

Charles Wilson, Booker Chief Executive, said:

"Amid a challenging economy Booker has continued to improve the choice, prices and service we provide to customers. Customers have rewarded us with an increased share of their spend and the number of customers has increased. Our plans to drive and broaden Booker are on track."

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 13 October. For details call Lucy Legh at Tulchan Communications on 020 7353 4200.

Note: Sales are stated net of value added tax

ENDS

Nice one BOK