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Pin to quick picksKingfisher Share News (KGF)

Share Price Information for Kingfisher (KGF)

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Share Price: 262.10
Bid: 260.90
Ask: 261.10
Change: 0.00 (0.00%)
Spread: 0.20 (0.077%)
Open: 0.00
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Low: 0.00
Prev. Close: 262.10
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Wednesday share tips: ENRC, Resolution, Kazhakmys

Wed, 27th Mar 2013 07:10

ENRC may fall victim to suspicion by association to Kazhakmys, even though it was the latter's share price which yesterday got knocked down after announcing a $2.2bn write-down on its stake in rival copper miner ENRC. More poignantly for investors, the shares have also been under great pressure and it is well known that its Chairman and Chief Executive have pledged their shares for loans unrelated to the business. Hence, Lex wonders aloud this morning whether the same might not be true for ENRC. Shares of insurer Resolution remain attractive. The company sports a dividend yield of 7.8% - which is fully covered - and guidance for an improvement in cash flow point to sustainability, unlike at peers RSA and Aviva. That is true even if profits came in slightly below forecasts. Its UK business is firing along, with new business up by 125% in the most recent period. As well, the Board has abandoned an earlier scrip dividend option, which would have been dilutive for shareholders. By the end of the year Resolution should be where it wants to be, and that near-8% yield remains attractive, The Times's Tempus says. Yesterday's yearly figures from Kingfisher saw pre-tax profits fall by 11% and like-for-like revenues down by 3%. However, the company put those metrics down to a motley assortment of one-off factors. Further, it believes that if more people can get back on the KK housing ladder then do-it-yourself (DIY) skills and demand will follow. As well, the outfit has a strong balance sheet, is beginning to take remedial actions to lift sales per square foot and hints at returning capital to shareholders. At 12 times forward earnings the shares are not pricey, but that assumes a quick fix to structural problems, which inherently tend to be anything but. Please note: Digital Look provides a round-up of news, tips and information that is impacting share prices and the market. Digital Look cannot take any responsibility for information provided by third parties. This is for your general information only as not intended to be relied upon by users in making an investment decision or any other decision. Please obtain a copy of the relevant publication and carry out your own research before considering acting on any of this information.AB
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20 Sep 2022 07:22

Kingfisher interims fall 30% amid 'uncertain environment'

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13 Sep 2022 15:59

UK earnings, trading statements calendar - next 7 days

Wednesday 14 September 
Advanced Medical Solutions Group PLCHalf Year Results
Anpario PLCHalf Year Results
Artisanal Spirits Co PLCHalf Year Results
BioPharma Credit PLCHalf Year Results
Blackbird PLCHalf Year Results
Central Asia Metals PLCHalf Year Results
Diurnal Group PLCHalf Year Results
Dunelm Group PLCFull Year Results
Epwin Group PLCHalf Year Results
Glenveagh Properties PLCHalf Year Results
ITM Power PLCFull Year Results
Niox Group PLCHalf Year Results
Pan African Resources PLCFull Year Results
Pharos Energy PLCHalf Year Results
Redrow PLCFull Year Results
Ricardo PLCFull Year Results
STM Group PLCHalf Year Results
Tullow Oil PLCHalf Year Results
Thursday 15 September 
Big Technologies PLCHalf Year Results
Brooks Macdonald Group PLCFull Year Results
Checkit PLCHalf Year Results
DFS Furniture PLCFull Year Results
Downing Renewables & Infrastructure Trust PLCHalf Year Results
Foresight Solar Fund LtdHalf Year Results
Gresham House PLCHalf Year Results
Hilton Food Group PLCHalf Year Results
IG Group Holding PLCQ1 Results
IGas Energy PLCHalf Year Results
Keystone Law Group PLCHalf Year Results
Kier Group PLCFull Year Results
MJ Gleeson PLCFull Year Results
Oxford BioMedica PLCHalf Year Results
Portmeirion Group PLCHalf Year Results
Regional REIT LtdHalf Year Results
Renishaw PLCFull Year Results
RTW Venture Fund LtdHalf Year Results
THG PLCHalf Year Results
Trainline PLCTrading Statement
Wickes Group PLCHalf Year Results
Friday 16 September 
Dunedin Enterprise Investment Trust PLCHalf Year Results
Monday 19 September 
City of London Investment Group PLCFull Year Results
Craneware PLCFull Year Results
Haleon PLCHalf Year Results
IQGeo Group PLCHalf Year Results
Tuesday 20 September 
Alliance Pharma PLCHalf Year Results
ASA International Group PLCHalf Year Results
Belluscura PLCHalf Year Results
Brown Advisory US Smaller Cos PLCFull Year Results
Cambridge Cognition Holdings PLCHalf Year Results
EKF Diagnostics Holdings PLCHalf Year Results
Elixirr International PLCHalf Year Results
Feedback PLCFull Year Results
Fintel PLCHalf Year Results
First Tin PLCHalf Year Results
Frasers Group PLCFull Year Results
Gaming Realms PLCHalf Year Results
Good Energy Group PLCHalf Year Results
Henry Boot PLCHalf Year Results
HydrogenOne Capital Growth PLCHalf Year Results
Jadestone Energy PLCHalf Year Results
Kingfisher PLCHalf Year Results
Litigation Capital Management LtdFull Year Results
Moonpig PLCTrading Statement
Northcoders Group PLCHalf Year Results
Spectral MD Holdings LtdHalf Year Results
SThree PLCTrading Statement
Unbound Group PLCHalf Year Results
Xaar PLCHalf Year Results
  
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LONDON MARKET CLOSE: Stocks in the green; pound and euro stronger

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LONDON MARKET MIDDAY: FTSE 100 shades green; US returns from holiday

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25 Aug 2022 10:53

Airea names former Al-Futtaim managing director Mederic Payne as CEO

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19 Aug 2022 12:06

LONDON MARKET MIDDAY: Weaker pound unable to keep FTSE in green

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Joules shares scorched as UK heatwave compounds cost-of-living woe

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LONDON MARKET CLOSE: FTSE 100 climbs into green on back of miners

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15 Aug 2022 10:06

IN BRIEF: Joules hires ex-Compare the Market boss Brown as CEO

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