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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?

Claret Dragon - 29 Jun 2016 13:31 - 77 of 86

Up at resıstance level agaın. Break out hopefully.

Claret Dragon - 01 Jul 2016 12:08 - 78 of 86

Good couple of days.

Is there anymore to come is the question now!!!

Claret Dragon - 06 Jul 2016 08:54 - 79 of 86

Had a good run wıth thıs one.

HARRYCAT - 26 Oct 2016 12:54 - 80 of 86

HSBC note today:
The long-hoped for cultural change looks to have arrived and we turn bullish after an extended period of caution Management appears to be executing better than at any time in recent memory, easing our concerns about the future.
Upgrade to Buy from Hold, raise target price c11% to 2,600p
More than just a post-Brexit vote rally: Diageo historically has been known as a company that has struggled to meet expectations. Our valuation and rating of the stock has typically priced in some scepticism, leading us to be more bearish than many.
However, after a year of extended conversations with managers across the company, we think Diageo's often criticised corporate culture is finally evolving in the direction long hoped for by the market. This gives us optimism that management is executing more efficiently than at any time in recent memory; we are, in effect, giving the benefit of the doubt to a management team that is affecting change in a meaningful and constructive way.
Thus we are upgrading Diageo shares to Buy from Hold for two reasons.
First, operationally we believe Diageo is: (i) focused on meaningful cost control, (2) benefitting from a booming and well-resourced Reserve portfolio push and (3) stoking solid local growth stories. All of these we believe will continue to drive the stock from here post the Brexit vote rally.
Second, due to Diageo's high operational exposure to the US and the Eurozone, the recent update to HSBC's global cost of equity estimates has an immediate positive impact on our DCF valuation. We lower our WACC by 30bps to 6.3% from 6.6%, resulting in a new target price of 2,600p, an increase of c11% from 2,350p previously.
Trading at a P/E of 21.1x versus our calendar 2017e EPS of 103.62p, the stock remains at a 5% discount to the group average of 22.5x, making it an attractive option versus expensive peers."

Stan - 27 Jul 2017 18:23 - 81 of 86

Preliminary results http://www.moneyam.com/action/news/showArticle?id=5603194

Stan - 20 Sep 2017 07:51 - 82 of 86

Diageo issued an update on its trading on Wednesday morning, claiming its business continued to strengthen through improved marketing, innovation and commercial execution, as investors prepared for the company's annual general meeting. The FTSE 100 distilling giant said it remained "well set up" to deliver in line with its own expectations. "We expect the H1 organic net sales growth rate will be impacted by the later timing of Chinese New Year and by the expected impact of the highway ban in India," chief executive Ivan Menezes noted.

Claret Dragon - 20 Sep 2017 09:37 - 83 of 86

Excuses are getting really stretched now. "Expected impact of the Highway ban in India"

Plus the temporary Traffic lights at the top of Bird Hall Lane.

Stan - 20 Sep 2018 10:48 - 84 of 86

Trading update: http://www.moneyam.com/action/news/showArticle?id=6134788

Stan - 12 Nov 2018 09:12 - 85 of 86

Diageo on Monday said it was selling 19 brands, including Seagrams, to US firm Sazerac for $550m (£427m). The net proceeds of around £340m, after tax and transaction costs, will be returned to shareholders through a share repurchase.

Stan - 31 Jan 2019 07:29 - 86 of 86

Interims https://www.moneyam.com/action/news/showArticle?id=6295843
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