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

No thanks. We need a good update.

skin we would be happy with 130p current PE 32 divi yield under 2%.

Ok you win.

Brokers seem to have a lot higher TP

Joking apart - I don't think we are going to see 130 or even 145 any time soon!

Let's see what Thursday brings.

Well if thats right Skinny Im flogging mine. R U sure??????????

I take on board many positives from U,

really is it that bad??????????????????????????

Sticking solid....................

Skinny might be right.

Knows his stuff

Wont budge me though.

GF - just my musings - I would like the share price to fall, so that I can buy back - but I think it unlikely I'll get my wish - let's see what tomorrow brings.

If it breaches the 50 ma then you might see a slight dip below but cant see those levels (hope not) Skinny. Let see what they have to say tomorrow.

Interim Management Statement

Excelent results like for like up over 4%.....



For Immediate Release
16 January 2014

Booker Group plc ('Booker')

Quarter Three Interim Management Statement

Booker Group, the UK's leading food wholesaler, is pleased to announce its trading performance for the 16 weeks to 3 January 2014. Total sales in the 16 weeks, including Makro, rose by 19.1% on the same period last year. Booker like-for-like total sales (excluding Makro) were 2.0% higher with non tobacco like-for-likes up 4.1%.




16 weeks to
3 January 2014


Total

%
Tobacco

%
Non Tobacco
%
Booker Group
Total (inc Makro)¹
19.1
1.6
29.3
Booker
Like-for-like
2.0
(1.7)
4.1


Booker Wholesale, our cash and carry division, had a good quarter. Customer numbers were up and sales were in line with expectations.

Booker Direct, Ritter, Classic and Chef Direct also had a good quarter. Chef Direct, the foodservice business we launched in 2012, is now supplying over 250,000 meals a day to our clients.

The Makro turnaround is progressing well. Non tobacco sales were down 5.9% in the 16 weeks having stopped selling some consumer ranges such as televisions. Cash and profits at Makro were in line with expectations.

Sales in India are continuing to make progress from our six branches.

The outlook for profits and net cash for the year remains in line with expectations.

Charles Wilson, Booker Chief Executive, said:

"This was a good quarter with non tobacco like-for-likes up 4.1%. Our plans for bringing Booker and Makro together are on track. We continue to improve the choice, prices and service to catering, retailing and small business customers in the UK."


Notes:
1. Makro was consolidated from 19 April 2013
2. Sales are stated net of value added tax
3. Makro's like-for-like sales decrease reflects its sales in the 16 weeks, compared to its performance as a standalone business in the equivalent period in the prior year


ENDS

For further information contact:
Tulchan Communications (PR Adviser to Booker Group plc)

SP not moving in the right direction tho

Investec Buy 158.15 149.00 172.00 Reiterates

16 Jan 2014 Booker Group PLC BOK Investec Buy 158.70 159.90 149.00 172.00 Reiterates

SP TARGET 172p

Might with a few broker updates.....

BRIEF-Booker total sales up 19.1 pct in 16 weeks to Jan 3

16 Jan 2014 - 07:06
Jan 16 (Reuters) - Booker Group PLC : * Total sales in the 16 weeks, including makro, rose by 19.1% on the same period last year. * Booker like-for-like total sales (excluding makro) were 2.0% higher with non tobacco like-for-likes up 4.1%. * Says Booker wholesale, cash and carry division,customer numbers were up and sales were in line with expectations. * Outlook for profits and net cash for the year remains in line with expectations. * Source text for Eikon: [ID:nRSP7664Xa] * For more news, please click here [BOK.L] ((London Equities Newsroom; +44 20 7542 7717))

http://tickerreport.com/banking-finance/120546/booker-group-pt-raised-to-gbx-175-at-citigroup-inc-bok/

Getting close to my 145p

Yes SK that would be a good entry point! Seems to enjoy support at 150 though. Could go either way for a few days.

12 Feb 2014 Booker Group PLC BOK Berenberg Buy 158.60 158.60 164.00 186.00 Reiterates


SP TARGET 186p

JP Morgan up price target from 160p to 195p