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Diageo (DGE)     

buzzing - 21 Dec 2009 13:44



I put some money on these and it went up few months ago. Pulled the money out and put it elsewhere. Is it worth putting more money on them now?

dreamcatcher - 12 Nov 2012 16:44 - 41 of 86

Broker snap: Diageo's USL deal comes at the right time, says Nomura
Mon 12 Nov 2012


LONDON (SHARECAST) - Nomura has raised its target price for beverages giant Diageo from 2,000p to 2,100p and retained its 'buy' recommendation for the stock, following last week's deal to buy a stake in Indian spirits group United Spirits Limited (USL).

Diageo said on Friday that it is to acquire a 27.4% stake in USL for around £660m and announced a tender offer to buy an additional 26% stake (53.4% interest in total), which now means that the company generates 45% of revenues from emerging markets, "well on the way to the target of 50% by 2015", Nomura said.

The broker said: "Announcement of this deal ahead of Diwali next week means that the celebrations can really begin, with the company gaining control whilst retaining a significant local minority interest."

Nomura said that the deal represents a "very significant medium-term upside potential in India" for Diageo. USL's volumes last year matched Diageo's (121m cases of spirits), but the cost to buy the majority stake (£1.3bn) is a fraction of Diageo's enterprise value at over £50bn.

"We see very significant opportunity to add value through premiumising local spirit and leveraging the distribution platform for international spirits, especially Scotch whisky."

Meanwhile, Nomura said that a "likely" reduction in import tariffs on scotch could add over $400m to the profile pool for scotch in India (versus the current estimate of $40m) "with the company in a good position to capture the lion's share".

Shares were up 0.41% at 1,810p in mid-morning trade on Monday.

dreamcatcher - 19 Nov 2012 17:40 - 42 of 86

:-))

The Other Kevin - 20 Nov 2012 12:26 - 43 of 86

Why sell,Dreamy? Do you know something we don't? I've held since March 2006 and can't see any reason to get rid at the moment. More than doubled with re-invested divis.

dreamcatcher - 20 Nov 2012 15:26 - 44 of 86

Dont worry its not going to crash.

The Other Kevin - 20 Nov 2012 15:44 - 45 of 86

Let me know your next new lead then, please.

dreamcatcher - 20 Nov 2012 15:53 - 46 of 86

Lol

dreamcatcher - 19 Dec 2012 16:09 - 47 of 86

We know that Santa loves a tipple. We leave a sherry out for him every year and he never knocks it back.

One of the FTSE 100's most successful companies in recent years has been Diageo. In the last five years, the shares are up 73.2%. In that time, dividends have been increased, on average, 5.9% per annum. This has been surpassed by average annual EPS growth of 14.0%.

The good news doesn't end there. For the current financial year, Diageo is expected to report earnings growth of 10.7%. This is forecast to be followed by an 11.7% increase the year after. Similar progress in the dividend is also expected.

This puts the shares on a 2014 price-to-earnings (P/E) ratio of 15.9 times earnings. The expected yield for 2014 is 2.9%.

skinny - 31 Jan 2013 07:17 - 48 of 86

Interim Results

Results summary

· 5% organic net sales growth with 1% organic volume growth

· 70 basis points of organic gross margin improvement

· 5% organic growth in marketing focused on the faster growing markets

· 110 basis points of organic operating margin expansion

· 9% organic operating profit growth

· Faster growing markets are 42% of Diageo's net sales in the half and delivered organic net sales growth of 14% and operating profit growth of 21%

· Acquisitions made in the past two years added £0.3 billion to net sales in the half

· Free cash flow improved more than £100 million to £0.7 billion

· eps pre-exceptional items up 9% to 60.9 pence per share

· 9% increase in interim dividend


skinny - 31 Jul 2013 07:09 - 49 of 86

Preliminary Results


Results show Diageo is a strong business getting stronger


· Net sales growth of 5%, driven by 4 percentage points of positive price/mix

· Operating profit growth of 8%, driven by 0.8 percentage points of margin expansion

· Marketing investment up 5%, to 15.7% of net sales, focused on the strategic brands

· Strong performance in North America with net sales up 5% and operating profit up 9%

· Emerging markets' net sales are 42% of Diageo's business, following 11% net sales growth and acquisitions which added £233 million

· Emerging markets operating profit up 18%, as increased scale led to operating margin expansion

· Acquisition of the Ypióca brand in Brazil in August 2012

· Free cash flow was £1.5 billion, after making a £400 million contribution to the UK pension scheme

· Growth of 11% in eps pre-exceptional items, to 104.4 pence per share

· Board recommending a 9% increase in the final dividend

· Increased stake in Shuijingfang and acquired the major interest in USL since the year end


Stan - 31 Jul 2013 07:53 - 50 of 86

If your looking in Buzzing could you put the chart in the header please?

grevis2 - 08 Aug 2013 00:00 - 51 of 86

Diageo: Bank of America raises target from 2250p to 2450p and keeps its buy recommendation

grevis2 - 07 Sep 2013 10:45 - 52 of 86

Diageo: Citi increases target from 1830p to 2320p upgrading from neutral to buy.

skinny - 10 Oct 2013 07:56 - 53 of 86

Oversold?

Chart.aspx?Provider=EODIntra&Code=DGE&Si

Trading statement on 17th October.

JP Morgan Cazenove Overweight 0.00 2,200.00 2,050.00 Reiterates

Nomura Buy 0.00 2,350.00 2,300.00 Retains

Bank of America Merrill Lynch Buy 0.00 2,450.00 2,450.00 Reiterates

skinny - 10 Oct 2013 08:41 - 54 of 86

Just gone long @1898p

skinny - 10 Oct 2013 15:44 - 55 of 86

Closed half +25p

skinny - 11 Oct 2013 08:15 - 56 of 86

Berenberg Buy 0.00 1,921.00 2,250.00 2,250.00 Retains

skinny - 11 Oct 2013 08:56 - 57 of 86

Exane BNP Paribas Outperform 1,946.00 1,921.00 2,033.00 - Upgrades

skinny - 11 Oct 2013 15:05 - 58 of 86

Just closed the rest for +70p

skinny - 14 Oct 2013 11:19 - 59 of 86

Bought in again this morning.

skinny - 15 Oct 2013 07:34 - 60 of 86

Barclays Capital Overweight 0.00 2,250.00 2,250.00 Reiterates
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