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

GF
I like to see a steady rise. Although the likes of OPAY etc are exciting, you just know there has to be a pull back - but when. So this is a nice share to tuck away and you know that the company has the policies in place to grow at a controlled pace!

Yep steady as she goes.

GF
A few more of these and my blood pressure will be steadier!! By the way thanks for your posts on the Chart thread yesterday as they were very interesting. Sometimes I need a prod as it is difficult to follow all the shares I like!!

Broker Note Out......

25 Oct 2013 Booker Group PLC BOK Barclays Capital Overweight 0.00 146.60 150.00 150.00 Reiterates

SP TAQRGET 150p.

28 Oct 2013 Booker Group PLC BOK JP Morgan Cazenove Overweight 144.45 146.60 160.00 160.00 Reiterates

SP TARGET........160p

I shall be very happy at that level. First target 150 and then see where it goes.

sp 151p rising steadily

06 Nov 2013 Booker Group PLC BOK Berenberg Buy 150.20 148.80 -

164.00 Initiates/Starts

NICE

Nice and steady Nar1.

Geting rich surely but slowely the right way.

Breakout again AND

WOW.......

14 Nov 2013 Booker Group PLC BOK Goldman Sachs Conviction Buy 155.75 150.50 135.00 214.00 Upgrades

214p SP TARGET

Bang through my target! Increased to 164...

Yes GF its looking good chart wise and this upgrade is further good news !!

Very good news. HIGHER HIGHER HIGHER.

Booker upgraded by Goldman Sachs
14th November 2013, 14:56

Goldman Sachs has upgraded its recommendation on cash and carry group Booker [LON:BOK] to ‘conviction buy’ from ‘neutral’ after revisited its investment case now that the Makro deal is complete and integration is well underway.

The broker expects the company will achieve £1.4 billion of additional non-tobacco related sales up to 2017, given the cross-selling opportunities between existing customers of the Booker and Makro brands, after which plans are in place to implement a franchised hard-discount concept.

Analysts have increased their price target to 214 pence per share from 135 pence.

At 2:54pm: Booker Group PLC share price was up 6.75 pence (around 4.5 per cent) at 157.25 pence.

SP reaches 160p springing ahead!

Barclays Capital Overweight 0.00 161.00 - 187.00 Retains

Lovely chart. Beenn a good ride up, long may it continue.

Booker Group (LON:BOK) had its overweight rating reaffirmed by analysts at Barclays. They currently have a GBX 187 ($3.04) target price on the stock.

SP TARGET....187p