Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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Maj Nazir (Group Investor Relations Director) and Anisha Singhal (Deputy Investor Relations Director) of Kingfisher plc will be hosting an Investor Presentation with Q&A on Wednesday 22nd May at 11.00am.
This will be an opportunity for viewers to hear an introduction to the Kingfisher investment story, highlights for the FY23/24 period and the messages from the Q1 Trading Update (due on 21st May).
The online event is open to all existing & potential shareholders. Questions can be submitted during the presentation and will be addressed at the end.
Link to register: https://www.equitydevelopment.co.uk/news-and-events/kingfisher-investorpresentation-22may
MB : Slow down in this sector is picking up the pace. Tops tiles results yesterday also highlight this. Just drop into Tools station, Wickes, Screwfix or Selco, Travis and see for your self. I was in Wickes yesterday and staff confirmed this.
KGF is 2nd highest shorted stock at present and rising. Shorter increasing their stake last week after result. I guess dividend is one of the reason this is till up. Mr Garnier is trying all the tricks in the book to hold/slowdown the decline of SP. At the end of the day gravity will win. As for Home Depot comparison, two very different markets.......imho...dyor.
At some point, yes. GL tomorrow. Happy to hold and add on weakness.
Surely this one has to be a takeover target. It has around half the P/E ratio and over double the dividend yield of Home Depot. Looks cheap to me.
Citigroup raises Kingfisher to 'buy' (neutral) - price target 258 (210) pence
I too lost tens of thousands by going by barclays recommendations. Very poor forecast.
Fill yer boots with these at 2 quid a share. Divi is 6%.
Exactly broker ratings are poor.
Excellent volume again today :). Looks like heading over 220+...
Dare2tri
I followed barclays recommendations and lost tens of thousands. Very poor forecast. Look at their research centre, a lot of miscalculations.
Broker ratings are poor at best. Barclays say 325?
Common sense here the share price should be 235 for now.
SocGen had a sell rating with 192 target price. Pl see kgf share news above today
I would expect a move back to around 235.00 pretty soon.
Surely this is over sold and ex dividend 5th oct plus a share buy back?!?!
It's a chunky cut to FY pre tax guidance.
Been a nice trader over the years (and income provider).
Second most shorted share does make you wonder who knows best.
The Screwfix story plays well for future low outlay growth without the cannibalising the B&Q stores. Seems a great entry point around £2 / £2.10.
Yes - if it didn't have so much debt.
£40m less profits and company is down 10% ,this has to be a bargain
Profit warning!
That's it folks, I'm out! I've taken my dividend and my profit. GLA
I think the last 27 days has answered your question in part, Uncle Doug. It would seem that everyone on this post is either holding their breath or has sold up and gone away.