Member Info for medievalpeasant

Seems to me that growth has stalled and the market is valuing this now as an income stock. It's up to management to prove that they can still grab market share without sacrificing margins.

I suspect this new regulation is the killer.

"Indonesia ⁠also issued ​a new export earnings regulation that requires ​exporters of natural resources to store 100% of their earnings in state banks. The regulation ​will take effect on June 1."

In order to stop tax evasion it seems, all palm oil sales will have to go through a state controlled exporter. Hence the drop today. AEP also affected of course.

In my view, the best outlook for Diageo is to maintain sales but with reduced profit, but even that will be difficult as tastes have changed. The majority of the worlds increasing population are Muslims, who mostly don't drink alcohol, while the historical consumers are in decline.

Averaging down. Bought 6000@151. Bargain at this level.

Thought the whole point of a capital markets day was to boost investment, not destroy it's share price. Unbelievable drop in one day for a company of this size. Did a director do a Ratners?

Starmer just announced a CMA investigation into the heating oil market and bringing in regulations. FFS.

Now it's below my target of below 150 as fair value, obviously it's you who knows Jack s-hit about valuing a company.

With the collapsing shares of data firms like WPP, LSEG, Experian and Relx, Diageo is starting to look a safe bet lol

Considering there are no reported shorts or company announcements, the drop in price here seems suspect to me, especially as it's already fallen a crazy amount. Glad I only dipped my toe into this, but already down 19%, ffs.

Just testing the water here for the first time with a small buy as the valuation is starting to look attractive.

Odd that Moonpig are slightly up today. Would have thought they would have dropped as well, seeing as they don't have any high street stores and postage costs will affect them more. Card always seems to be disliked in the city for some reason.

Kintbury shorts businesses which they see as having a cash squeeze. Persimmon had net cash of £1250M at end 2021. For 2025 it will be just £200M. A combination of land purchases, high input costs and weak demand being the reason. However, it seems to me we have hit the bottom in this cycle. With the uncertainty of the budget now over, the market should recover quickly.

High debt and low return on capital with a poor macro outlook and likely even worse after the budget. That's why this is getting hammered.

Reeves will do what Labour always does. Hit the ever shrinking middle class. ie those who have not left the country.

Well this was unexpected. Well done to those who picked these up at 115p, absolute bargain. Just need a long cold winter now.

Price has drifted back to where they were a year ago, as expected after they went ex Div. Time to top up my holding.

Well it's not helping with all the doom and gloom about, but if people are going to cut back, then CARD gifts offers better value than MOON, so should gain market share from them.

If this was a basket case, as the price already suggests, then there would be more than 1 shorter. I have a largish position here and still averaging down. It will turn eventually, once the seller(s) have exhausted themselves.

Good to see the company is buying it's shares while this cheap. Bodes well for future returns.