NO to the merger with Tesco "A value of approximately 205.3 pence per Booker share"In at least two years under the present growth Booker will be worth more than that per share. Combine in the capital returns and Booker is being sold out cheaply here.Tesco has a proven bad track record, it has lost value, 3 years ago it was over 320 pence per share. Now it is worth below 190 pence per share.Booker has a proven good track record, it has gained value, 3 years ago it was under 155 pence per share. Now it is worth above 180 pence per share.Thanks to the Board, you have done well so far, but have now failed badly. Vote to reject this offer, unless they get us at least 300 pence per share.SM
comparisons i don't know if its fair to compare the likes of TSCO to BOK but they're getting pretty excited about 1.5% like for like and SBRY have 1% like for like......makes BOK look really good at 3.8%like for like
we're doing ok a really encouraging trading update of the 16 weeks to 30/12/16 .another special divi on the way i'm hoping
Re: Interim results....... top marks to you ,Seeking money .a steady business ,investing well ,cutting costs ,throwing of cash galore .downside to the share price fairly limited....upside potential maybe 10%
Re: Interim results....... Found the following on this site......BookerWholesale and convenience store retailer Booker Group's (BOK) first-half results should also make positive reading, reckons Peel Hunt.The broker tips first-half profit at the group up 8% to £80 million from £76 million last time, and like-for-like non-tobacco sales up +0.9% in second-quarter, versus a 0.7% decline in the first three months of the year.Booker's Budgens and Londis stores are "performing well, helped by contract wins, and starting to get cost/purchasing savings", says Hunt analyst Charles Hall.He's expecting full-year 2017 adjusted pre-tax profit of £170 million on sales of £5.3 billion, giving EPS of 7.9p. The broker calls Booker a 'buy', with price target 200p, 13% of upside to Friday's closing price of 177p.[link]
Interim results....... .....due out on Thursday 13th Oct, 16. Currency impact expected to be mentioned, as being good for tourism and so Booker. Exchange rate with India will be favourable, so boosting revenues when converted to £. Looking forward, next years tourism figures should be good for the UK, and so BOK's results in a years time in excess of this years. Maybe pass the £2.10 price barrier in 2017, it is only a small price hop away.SM
Position 122.... ....in the FTSE chart as at the start of Sept. 2016.Surprised me, top 100 next?SM
upgrade Goldman says BOK is a buy .underperformance is a buying opportunity for this highly cash generative /capital light investment /well managed business .target £1.98 .
Enterprise Inns I hear that Enterprise Inns are selling off a lot of their smaller pubs and that the Cooperative society is interested in acquiring some. Should this happen in a village nearby, they will be in direct competition to a Londis shop nearby, which was the only retail store in the village. How many more pubs are being bought up as future retail outlets?
sunday trading bill fails and this means a liitle bit more trade for the independents .good news .
Back in wanted to buy something on today and this weeks fall back of markets.Made on this one in passed.Fed up taking notice of tips.
citi downgrades.. from buy to hold with a new target price of £1.70 down from £2.10 ....that' a lot .
barclays upgrade barclays capital say buy BOK and raise target price to £2.10 .well that's a bit of good xmas cheer !
RNS Can anyone explain the figures ?holding ~ 7 %, but number of shares seems to exceed total mkt cap.Moon
Re: NEW ARTICLE: Booker stalls despite L... out b in ox