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

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

NICE.

http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/10725457/Booker-to-supply-BHS-with-food.html

This could be a good contract if the trail is successful

Just made link live Nar, cheers.

http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/10725457/Booker-to-supply-BHS-with-food.html

Interim Management Statement

Quarter Four Interim Management Statement

Booker Group, the UK's leading food wholesaler, is pleased to announce its trading performance for the 12 weeks to 28 March 2014. Total sales in the 12 weeks, including Makro, rose by 16.3% on the same period last year. Booker like-for-like total sales (excluding Makro) were 1.9% higher with non tobacco like-for-likes up 3.4%.

Booker Wholesale, our cash and carry division, had a good quarter. We achieved our best ever customer satisfaction scores, customer numbers were up and sales were in line with expectations. Booker Direct, Ritter, Classic and Chef Direct also had a good quarter. The Makro turnaround is progressing well. Makro customer satisfaction improved during the quarter. Non tobacco sales in Makro were down 8.0% in the 12 weeks as a result of the decision to stop 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.

Total sales in the 52 weeks to 28 March 2014, including Makro, were £4.7bn, up by 17.3% compared to last year.

Booker like-for-like total sales (excluding Makro) in the 52 weeks to 28 March 2014 were up by 2.1%. Like-for-like non-tobacco sales rose by 4.4%, while like-for-like tobacco sales fell by 1.7%. Like-for-like sales, including tobacco, to caterers rose by 7.1% and to retailers fell by 0.5%. Customer numbers, excluding Makro, increased by 5% to 529,000 and customer satisfaction improved. Internet sales increased by 10% to £777m.

The Group had around £150m net cash at the end of the year, compared to £77m a year ago. Profits for the 52 weeks to 28 March 2014 remain in line with expectations.

Investec Buy 161.80 162.40 172.00 178.00 Reiterates

Just gone long here.

Bought in 157.66..

Hoping thats a decent entry price ,been waiting the last few days to see where these would turn .

Not my best entry price . Generally rubbish market .

Just sneaking below the 200 EMA - needs to find some support and stay above it !!!

I don't know if your still in skinny but we're going back up.