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

COMPETITION COMMISSION CLEARS BOOKER'S
ACQUISITION OF MAKRO


The Board of Booker Group plc is pleased to note that the Competition Commission, in its final report published today, has unconditionally cleared the completed acquisition of Makro Holding Limited.

Barclays Capital Overweight 124.45 150.00 150.00 Reiterates

Final Results

Financial Highlights (Makro not consolidated)

2012/13 was a 52 week reporting period, however 2011/12 was a 53 week reporting period. In order to make a comparison sales and profit are compared with the first 52 weeks of last year.

· Total sales £4.0bn, +3.5%
· Like-for-like sales +3.3%: non tobacco +4.5%, tobacco +1.3%
· Operating profit (pre £3m exceptional charge related to Makro acquisition costs) +12% to £99.1m
· Profit before tax +13% to £101.4m
· Profit after tax +12% to £83.1m
· Basic earnings per share up 0.16 pence to 4.93 pence, after equity dilution arising from the share element of the Makro consideration
· Net cash of £77.2m (2012: £63.4m), after paying £15.8m in respect of the cash element of the Makro consideration
· Proposed final dividend up 15% at 2.25 pence per share, making a total dividend for the year of 2.63 pence per share, up 15%

Operational Highlights

· Customer satisfaction continued to improve and we increased sales by £135m
· Sales to caterers +6.2% and sales to retailers +2.0%
· Delivered sales up 9.5% to £1.15bn
· Internet sales up 10.9% to £704m
· Booker Direct, Ritter Courivaud and Classic are performing well and Chef Direct is becoming the new force in foodservice
· Clearance from the Competition Commission was received on 19 April 2013. Makro and Booker are now coming together to improve choice, price and service for caterers, retailers and small business via the web, delivery and cash and carry
· Our Indian business currently has four branches and continues to make progress with the opening of a further two in the year ahead

Outlook

The economy is expected to remain difficult in the year ahead and the food wholesale market remains very competitive. Nevertheless, we expect to continue to make progress in this challenging environment. The Group's trading in the first seven weeks of the current financial year is ahead of last year and we remain on course to meet our expectations for the year.

Charles Wilson, Chief Executive of Booker, said:

"Our plan to Focus, Drive and Broaden the business remains on track. Customer satisfaction continued to improve and we grew sales by over £135m. Most importantly we teamed up with Makro. Together Booker and Makro will become the UK's leading wholesaler to caterers, retailers and small businesses. We will provide our customers with improved choice, prices and service via the internet, delivery and cash and carry. We have a great team at Booker and Makro and together we will help our customers prosper in the year ahead."

Notification of Date of Quarter One Interim Management Statement

Booker Group plc will announce its Quarter One Interim Management Statement for the 12 weeks to 21 June 2013 on Wednesday 10 July 2013.

Booker Group PLC (2.25 p) ex-divi 12th June.

AGM & Q1 Interim Management Statement

good volume and nice sp rise today, something in the wind?

SP steadily rising over the past week, somebody accumulating perhaps?

.... or just a sound company attracting buyers

trading update 19th september

Q2 trading Update

Booker Group is the UK's leading food wholesaler. Total sales in the 12 weeks to 13 September 2013, including Makro, rose by 19.3% on the same period last year. Booker like-for-likes (excluding Makro) were 3.5% higher with non tobacco like-for-likes up 6.9%.

Total sales in the 24 weeks to 13 September 2013, including Makro, rose by 16.5% on the same period last year. Booker like-for-likes (excluding Makro) were 2.3% higher with non tobacco like-for-likes up 5.0%.

interim results Thursday 17 October 2013

Ramp, Ramp lol. If that's not ramping lol Halifax.

rampety fact is not fiction!

:-)

nearly 5pm isn't it time you went home?

1-0

tks rampety looking forward to a chance to beat you again.

BOK looks like it could breakout. Results on thursday and last ones were rather solid.
Worth keeping an eye on.

2 x 200,000 buys and the MMs mark the SP down.

Are they needing stock?.