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

I have had a look but many of the lists on the financial websites haven't yet been updated. Still looking...............

I don't think it is in 250/350 - http://www.moneyextra.com/stocks/atoz_b/

No,, i just went on the London Stock Exchange website and it is not coming up in the FTSE 250...

Thanks everyone for the feedback.

Booker Group plc

Quarter Two Trading Update and Notification of Interim Results Announcement

In the 12 weeks to 11 September 2009 total and like-for-like sales rose by 7.6% on the same period last year (prior year: +2.8%). Non-tobacco like-for-likes rose by 8.5% (prior year: +5.3%), while like-for-like tobacco sales increased by 6.2% (prior year: -1.1%).

Total and like-for-like sales in the 24 weeks to 11 September 2009 were up by 7.7% (prior year: +1.1%). Like-for-like non-tobacco sales rose by 9.4% (prior year: +4.1%), while like-for-like tobacco sales increased by 5.1% (prior year: -3.2%).


Net debt at the half year end was around 4m, compared to 28.9m a year ago and 24.9m at

27 March 2009.


Profits for the full year remain in line with management expectations. The interim results will be announced on 13 October 2009.

Charles Wilson, Booker Chief Executive, said:

'Booker is helping more customers compete by improving our choice, prices and service . Our customer numbers have increased and customer satisfaction has improved, resulting in stronger Booker sales. We look forward to continuing to help independent caterers and retailers prosper in the difficult economic environment.'

Booker Group plc will announce interim results for the 24 weeks to 11 September 2009 on Tuesday 13 October 2009. A presentation for analysts will be held at 08:30 on Tuesday 13 October. For details call Lucy Legh at Tulchan Communications on 020 7353 4200.

Good start to the day SP up 7.59% hope it keeps up

Like the Trading Update , sales up ,reduced debt again ,all positive..

Like others I do not seem to be able to confirm Booker entry to the FTSE 250 I have just contacted The Share Centre and they do not know. Maybe I will call the LSE

Nice reduction in debt from 28.9m to around 4m and improving sales.
2517

Looking at the annual results to last march debt was reduced by 47% to the then 28.9m so at this rate BOK should be quite flush with cash by next march. The divi (although small) was increased by 62%, and profits were up 30% and that was with a decrease in tobacco sales, which has now reversed. All in all bodes well for the future.
2517

http://www.thisismoney.co.uk/investing/share-tips-and-fund-tips/article.html?in_article_id=490903

Should give it a good start to the week....

Good article Jimmy.

Good post Jimmy. Hope it does

Yes it was encouraging ,,,some good buying this morning as well .Wonder if it will hold the gains today .

Tucked a few more away this morning @42.18.

FTSE pulling back Booker early rise

About the only thing thats blue for my traders.

Looks like the onset of the general market correction everyone as been talking about.

Hoping its only about 5% to 10% .......... and quick.

Whilst prospects look good for BOK, sp progress is woefully slow and with a market pullback expected (mid october imo) I have sold mine this am for a miniscule profit.
2517

Still up and on a bad day ...George it is a slow mover but not all over the place,,,,this one is the only one i havn't sold or traded in volatile times...