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 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

Wow fantastic 9% rise today a little gem.

Cash and carry wholesaler Booker boosted by fruit and vegetables

tweet0Print..Companies:NETTopics:EarningsAsia.Related Quotes
Symbol Price Change
NETK.BE 0.53 -0.1180


{"s" : "NETK.BE","k" : "a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00","o" : "","j" : ""} Garry White, 17:40, Thursday 15 September 2011

Cash and carry wholesaler Booker saw its shares jump a 8pc on Thursday after the company said sales in the second quarter had risen 8.5pc.

The group's results were boosted by strong demand for fresh fruit and vegetables from retailers and caterers, which rose 34pc year-on-year in the 12 weeks to September 9.

On a like-for-like basis, total sales rose 5.6pc, non-tobacco sales were up 4.5pc and tobacco sales jumped 7.6pc. Net (Berlin: NETK.BE - news) cash at the end of the period was 58m compared with 10m.

"Amid a challenging economy Booker has continued to improve the choice, prices and service we provide to customers," said Charles Wilson, chief executive. "Customers have rewarded us with an increased share of their spend and the number of customers has increased."

Analysts were upbeat on prospects for the group, which operates from 172 cash and carry branches throughout the UK.

"Against the toughest retail backdrop in living memory this is some achievement," said Dave McCarthy, an analyst at Evolution Securities. "Booker remains our top pick in the sector offering good growth, quality management and a strong focus on cash and returns." Mr McCarthy has a "buy" rating on the shares.

In 2009 Booker opened its first business centre in Mumbai, India, and it said this operation was trading well. The group plans to open another outlet in Pune, India, next week.

The shares rose 5.45 to 74.55p

76.20 earlier in the day but still a nice profit on this one.

Evolution Securities has maintained its "buy" stance on Booker Group (BOK), and price target of 80p, as the wholesaler's second quarter results smashed the broker's profit and debt forecasts. Total second quarter sales and like-for-like sales were up 7.6% and 5.6%, significantly higher than Evolution's respective estimates of 5% and 3%. Booker remains the broker's top pick in the sector, offering stable growth, quality management and a strong focus on cash and returns. Booker shares jumped 5.45p to 74.55p.

Fruit and veg sales blooming at Booker
Date: Thursday 15 Sep 2011


Food wholesaler and cash and carry operator Booker saw a surge in like-for-like (LFL) sales in its second quarter, driven by strong demand for fruit and veg.

Like-for-like sales rose 5.6% in the 12 weeks to the 9th of September from the corresponding period of last year. Non-tobacco sales rose by 4.5% and tobacco sales by 7.6% on a LFL basis, while LFL fruit and vegetable sales were up 34% from last year.

Total sales in the group's second quarter were up 7.6% from a year earlier, with no differentiation in the growth rates of tobacco sales and non-tobacco sales..

The company, whose brands include Chef's Larder and Happy Shopper, also reports that on a half yearly basis like-for-like sales were up 6.5%.

Classic and Ritter Courivaud, the two businesses Booker acquired in October 2010 are performing well, the group said. In India, the Mumbai branch is trading well, and a second branch in the city is set to open in December. Meanwhile, a branch will be opened in Pune, India, next week.

Booker's cash position has strengthened in the last 12 months with net cash at 58m versus just 10m this time in 2010.

Charles Wilson, Booker Chief Executive, said of the results:

"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 bolstered by clients economy drives


Booker, Britains leading cash-and-carry wholesaler, reported better than expected sales in its second quarter, as hard-pressed business customers shopped around for value for money in a difficult climate.

In the 12 weeks to September 9, total sales rose 7.6 per cent from the same period a year earlier. Non-tobacco sales were 7.6 per cent higher, while tobacco sales also rose 7.6 per cent. Sales from stores open at least a year increased 5.6 per cent, with non-tobacco sales gaining 4.5 per cent and tobacco sales up 7.6 per cent on a like-for-like basis.

The wholesalers shares rose 6p, or almost 9 per cent, to 75.10p.

Charles Wilson, chief executive, said the performance had been helped by moves to improve the value that Booker offered to its cash-and-carry customers.

In the current market, the consumer is minding every penny. Our customers are really careful on value, and so because we have made some pretty good progress in what we are doing on choice, price and service, then our value relative to the market is improved, he said.

Consequently, Booker was not only adding more customers, but was taking a bigger slice of what they were spending.

Small and medium-sized enterprises are shopping around really carefully, he added.

Demand had been strong for Bookers value ranges, such as Euro Shopper, which it sells to independent retailers, and Booker Basics, its entry price products for caterers.

But improvements in other areas were also paying off, with fruit and vegetable sales up 34 per cent in the second quarter.

Mr Wilson said the two acquisitions that Booker made just under a year ago Ritter Courivaud, a supplier of ingredients to top-end restaurants, and Classic Drinks, a supplier to pubs and licensed clubs were going well.

Ritter Courivauds speciality foods were trading strongly, while Booker had introduced some of its range into its cash and carry estate, which was selling very well, and helping us improve our offer for the caterers and particularly the restaurant trade.

Booker is also making progress in India, where it will open a branch in Pune next week. It expects to have a second branch in Mumbai open in December.

Net cash increased from 10m a year ago to 58m at September 9.

Analysts said the sales performance was better than expected, with only a modest slowdown on the first quarter, which included the boost from the Easter, the Royal Wedding and fine weather.

The consensus of analysts forecasts for full-year pre-tax profit is 81m-81.5m.

stopped out of loads. most over last couple of months.
some at loss many at profit. held on to this all as previously posted.
but still holding QED as posted also.
regards
jkd

BOK is being dragged down with Indices falling and world events, this one will fly when thing are less volatile.