II Editor
24 May 2018
NEW ARTICLE: Kingfisher optimists trigger rebound "Richard Hunter, Head of Markets at interactive investor, commented "The song remains the same at Kingfisher, where performance varies by both business and by region.Screwfix remains the jewel in the crown in terms of growth, whilst by geography ..."[link]
II Editor
22 Mar 2018
NEW ARTICLE: What's next for this hammered blue-chip? "Kingfisher (LSE:KGF)A little known fact about Kingfishers is, when they dive into water, they close their eyes, fishing blind! Additionally, their beak design is so aerodynamic many Japanese bullet trains are modelled to copy it! However, ..."[link]
II Editor
21 Mar 2018
NEW ARTICLE: Trends and Targets for 22/03/2018 " KINGFISHER (LSE:KGF) A little known fact about Kingfishers is, when they dive into water, they close their eyes, fishing blind! Additionally, their beak design is so aerodynamic may Japanese bullet trains are modelled to copy it! However, ..."[link]
II Editor
21 Mar 2018
NEW ARTICLE: Kingfisher shares slide on "guarded" outlook "It's been more than two years since LSE:KGF:Kingfisher embarked on its epic five-year journey to deliver "£500 million of sustainable profit uplift".According to chief executive VeÌronique Laury in today's annual results, the ONE Kingfisher ..."[link]
hairyhelmet
20 Mar 2018
Finals tomorrow Difficult to call. Poor numbers from competitors recently have dampened the mood. I hope that the self help story will compensate for the general lack of tailwinds. I expect the results to show margins steady and LFL to be down in the final quarter. Results will generally be on target with the buy back supporting the PE. Going forward it is a case of sitting tight and collecting dividends. Holding and hoping.GLAHH
hairyhelmet
20 Nov 2017
Tomorrows update Here`s hoping that nothing overly negative in the update tomorrow. The market is being a little brutal to any under-performances at present and I could do with a break after Spire, Firstgroup and BT. all plummeted recently. I expect better news from France and Poland but I feel the pressure will come from home at B&Q and possibly Screwfix.
II Editor
20 Sep 2017
NEW ARTICLE: Babcock is 'too cheap to ignore', Kingfisher isn't "Two-thirds of @GB:UKX:FTSE 100 constituents have posted year-to-date rises, but it's two of 2017's biggest blue-chip laggards that lead the @GB:ASX:FTSE All-Share Wednesday.close of play yesterday, LSE:KGF:Kingfisher and LSE:BAB:Babcock were ..."[link]
Thedarkkn1ght
20 Sep 2017
CASH COW/SOLID RESULTS Trading on a forward P/E of just 10Great balance sheet
numberbiter
17 Aug 2017
Today's Statement Today's statement does not justify the fall in today's price. This is not a business that is consistent quarter by quarter. For the last four years the company has achieved positive, but small, growth. The current price of 296p suggests negative growth so provides a buying opportunity,
II Editor
17 Aug 2017
NEW ARTICLE: Kingfisher plunges to fresh three-year low "While the five-year rebuilding job at LSE:KGF:Kingfisher continues to progress, the same can't be said about current trading or the company's share price.Summer sales figures highlighted continued weaker trading in France, with the like-for-like ..."[link]
nk1999
30 Mar 2017
Barclays view From ADVFN:"Analysts at Barclays initiated B&Q and Screwfix owner Kingfisher as 'underweight' as it expects macroeconomic headwinds in both Britain and France.The bank said the FTSE 100 company is facing difficult macro and market share losses in France that are unlikely to be resolved quickly and so initiated an 'underweight' rating and a target of 300p.Although it does believe that Kingfisher's five-year plan to turnaround its prospects "makes sense", but it could disrupt operations in the short - term and negatively impact its financial results.During the first year of its turnaround plan Kingfisher unified 4% of its products across its different chains, but included what Barclays believes are "low hanging fruit", as the company is also planning to increase its unified ranges to 20%, which may result in "excessive inventory that will need to be discounted, potentially unwanted new items and a cultural clash with divisions that have been used to more autonomy".Barclays believes that Kingfisher will find it difficult to grow sales over the next year as its French subsidiaries have experienced a continued decline in profitability since 212 when the gap between UK-based B&Q's sales and that of Brico Depot and Castorama peaked.Despite trading slightly below its five-year average price-to-earnings ratio, Barclays said that its stock is already pricing in some improvements and that company-collected consensus is too high.The biggest risk to Barclays' forecast is "faster than expected benefits from the current turnaround plan".It said that it was possible that a "unified range" will be popular with consumers and simplify operations, but this is unlikely, while macro improvement in France and Britain could surprise the market on the upside."
tikky
20 Feb 2017
bid ? iii says poss bid for kgf but the chart looks not so imho
soi
19 Feb 2017
Re: Here is something to talk about.. HiI think it is a touch oversold, nothing in it presently.Not overly keen on the fundamentals but considering a long ( buy ) entry next week at 320 to 325 if seen.ATB & GLsoi
EssentialInvestor
10 Feb 2017
Here is something to talk about.. DIYWeek have numerous articles on the sector, including a look at the first Homebasestore converted to the Bunnings format.Their range is very competitively priced reportedly, increased competition for B&Q?.
nk1999
05 Feb 2017
Telegraph- Questor says Avoid @ 338.7p. Extracts:"................. Veronique Laury, the chief executive of B&Q owner Kingfisher, appears to regard Bunnings with something approaching a Gallic shrug........ Since she took charge in December 2014, Kingfisher’s share price has gone nowhere fast. But she has convinced investors that the £7.5bn company is no small fixer-upper, unveiling a grand five-year plan, One Kingfisher, that will squeeze suppliers, close stores and boost profits by £500m by 2021 – at a cost of £800m.It is early days and investors have little to go on. A £600m share buyback is designed to keep the faith. Kingfisher reports back on year one of its turnaround alongside annual results on March 22, but analysts at Numis are sceptical the £500m of incremental profit will ever be delivered. HSBC warns that the next phase of Laury’s revival will be more disruptive, affecting 20pc of Kingfisher’s UK retail space.In the meantime, investors are focused on current trading, which is a tale of two countries. There is little growth in the French DIY market and Kingfisher, which trades there as Castorama and Brico Dépôt, tried and failed to buy a close competitor, Mr Bricolage. Like-for-like sales declined 3.6pc in the third quarter as it continues to lose market share. The comparative third-quarter figure in the UK and Ireland, where the group derives a similar 40pc of sales, was a 5.8pc rise. It is being buoyed by Screwfix, which focuses on the building trade. Rising inflation and increasing consumer debt are worries on the horizon.Rebuilding profitability is long overdue. The £720m or so pre-tax profits Kingfisher will report in March are roughly £100m shy of the surplus five years ago, off almost identical turnover. At least the balance sheet remains strong.The shares have fallen 7pc since the November update. Kingfisher still trades on 14 times this year’s forecast earnings. The One Kingfisher plan comes with plenty of execution risk and the rewards require profit to soar in 2020 and 2021. Together with fresh competitive pressures, there is better value – and more sizzle – elsewhere.Questor says: Avoid"
