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

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?.

Goldfinger - you holding this at the moment ? where do you see this possible 'break out' heading ?

Yes I bought first thing this morning Nar, results on thursday so hopefully should get a good day tomorrow fingers crossed and then hopefully solid results with this Macro bolt on increasing EPS. Ive held in the past and noted its not a fast burner but a steady type of stock.

Historicaly we dont have much to go on technicaly so I would be looking at fundies especially the P/E and comparing it to historical figures and other large food companies.

Hope that help some but dont forget the US ongoing debt problem. cheers GF.

I am not in but have been watching this steadily rise over several months.

Not bought in always thinking it will drop back as there nothing to go by historically however it has continually risen.

Chart wise looking positive all MA point north

Indeed indeed.

I am in GF

Well thats 2 of us.....LOL.

Fingers crossed for tomorrow, hopefully this US debt deal will work in our favour and give it some momentum.

Yep hope they are good !

Interim Results

Financial Highlights
· Total sales £2.2bn, +16.5%
· Booker like-for-like sales +2.3%, tobacco sales -2.2% and non tobacco sales +5.0%
· Operating profit (pre £7.0m exceptional credit related to Makro acquisition) +16% to £59.0m
· Profit before tax (pre exceptionals) £58.1m +17%
· Profit after tax (post exceptionals) £53.8m +43%
· Underlying earnings per share up 0.25 pence to 2.73 pence
· Reported basic earnings per share up 0.82 pence to 3.11 pence
· Net cash improved to £123.4m (2012: £69.8m)

Operational Highlights
· Customer Satisfaction at Booker and Makro improved
· Non tobacco like for likes were up 5%
· Internet sales up 11% to £369m
· Booker Direct, Ritter Courivaud, Classic and Chef Direct are on track
· Makro turnaround is on plan and we should deliver £26m of synergies this year
· Our Indian business continues to progress, having opened two sites in the half. We now have six branches in India

Interim dividend and proposed special cash return
Booker's strategy to drive and broaden its business is working. As a result the Board has declared an interim dividend of 0.45 pence per share, up 18%. In July 2012 Booker Group plc issued £124m of shareholder equity to purchase Makro in the UK. Following the successful integration of Makro into the Group and strong cash generation, we intend to implement a special cash return to shareholders of approximately £60m in 2014. Further details will be provided at the time of our preliminary results in May 2014.

Outlook
Group turnover in the second half to date is ahead of the same period last year. Working capital levels and costs are in line with plan. Overall, Booker Group plc continues to trade in line with management expectations.

Where is the SP going ?

Excelent results...........

Booker Group plc

Interim Results

for the 24 weeks ended 13 September 2013





Booker Group is the UK's leading food wholesaler. This announcement contains the interim results of Booker Group plc ('Booker') for the 24 weeks ended 13 September 2013.





Financial Highlights

· Total sales £2.2bn, +16.5%

· Booker like-for-like sales +2.3%, tobacco sales -2.2% and non tobacco sales +5.0%

· Operating profit (pre £7.0m exceptional credit related to Makro acquisition) +16% to £59.0m

· Profit before tax (pre exceptionals) £58.1m +17%

· Profit after tax (post exceptionals) £53.8m +43%

· Underlying earnings per share up 0.25 pence to 2.73 pence

· Reported basic earnings per share up 0.82 pence to 3.11 pence

· Net cash improved to £123.4m (2012: £69.8m)



Operational Highlights

· Customer Satisfaction at Booker and Makro improved

· Non tobacco like for likes were up 5%

· Internet sales up 11% to £369m

· Booker Direct, Ritter Courivaud, Classic and Chef Direct are on track

· Makro turnaround is on plan and we should deliver £26m of synergies this year

· Our Indian business continues to progress, having opened two sites in the half. We now have six branches in India



Interim dividend and proposed special cash return

Booker's strategy to drive and broaden its business is working. As a result the Board has declared an interim dividend of 0.45 pence per share, up 18%. In July 2012 Booker Group plc issued £124m of shareholder equity to purchase Makro in the UK. Following the successful integration of Makro into the Group and strong cash generation, we intend to implement a special cash return to shareholders of approximately £60m in 2014. Further details will be provided at the time of our preliminary results in May 2014.



Outlook

Group turnover in the second half to date is ahead of the same period last year. Working capital levels and costs are in line with plan. Overall, Booker Group plc continues to trade in line with management expectations.





Commenting on the results, Charles Wilson, Chief Executive of Booker, said,



"Our plan to Focus, Drive and Broaden Booker Group is on track. The team at Makro have settled into the Group and are making a real contribution. Through working together Booker and Makro are improving the choice, price and service for our retail, catering and small business customers. Our Customer Satisfaction improved which helped drive non tobacco like for like sales up 5.0%."

These good results should see the SP continue its growth

Bewildering re-action to results.

SP should be on rise.

Strange market.