Week 13 #WOTD – 4 Day Bender Helps Diageo

This week is a shorter week due to Good Friday and some CEOs will be having a very good Friday after the weeks gains.

It was a big week for the league leader Glencore (ticker GLEN) extending their lead with a 7.4% gain for the week bringing them close to a quarter up for the first quarter of the year. This weeks gains have been helped by First Cobalt (in Canada) repaying a $5.5M debt to Glencore by issuing them shares.

Anglo American (AAL) and Lloyds Banking (LLOY) jumped past BP and Prudential to take 2nd and 3rd spot. Anglo American bringing in the second largest gain for the week at 5.9% thanks to the increase in oil prices.

No heavy losers this week, not even London Stock Exchange (LSEG) who are finally turning their ship around with a 0.5% gain for the week (possibly reaction to their dividend increase). A long way to go until they are back where they started the year.

Out of interest I looked at their performance last year and they had a prosperous 2020 so the bad start to 2021, thanks to Brexit, has put them back to their average price during the last quarter of 2019, so let’s see where they go from here (hopefully for shareholders, up and away from the bottom of the league!).

And lastly, as we’re heading into a 4 day weekend, I thought it was best we mention Diageo (DGE) as there may be one or two of you that will be buying their products (alcoholic beverages and spirits including Smirnoff, Baileys and Guinness). They are leading the bottom half of the table at 4.6% growth for the year and they can put that down to their US expansion plans (new plant in Illinois), the UK-US whisky tariff suspension and the recovery from the losses experienced during 2020 due to the pandemic. Full Story

What can SMEs take from this weeks movements?

  1. How can you work with problem debtors/receivables to come to a win:win solution?
  2. What products are growing in your business – can you expand this in your location or another location?
  3. If you have experienced recent losses, is it the same for the whole sector and can you forecast your recovery?

League Table

Now to the all important league table.

PosCompanyWeekYTD Change
1Glencore7.4%23.9%
2Anglo American5.9%19.1%
3Lloyds Banking2.5%17.5%
4BP0.7%16.1%
5Prudential-0.2%16.0%
6HSBC0.7%12.0%
7BHP Group4.7%10.0%
8Vodafone Group PLC-1.3%9.9%
9Royal Dutch Shell A-0.2%9.3%
10Royal Dutch Shell B-0.7%6.5%
11Diageo1.1%4.6%
12Rio Tinto PLC4.6%2.3%
13Relx0.1%1.8%
14British American Tobacco-0.1%1.6%
15National Grid-1.2%-0.2%
16Reckitt Benckiser1.3%-0.7%
17AstraZeneca0.0%-1.6%
18GlaxoSmithKline0.0%-4.3%
19Unilever-0.1%-7.6%
20London Stock Exchange0.5%-21.2%
Source: https://uk.investing.com/equities/united-kingdom

Who is going to lose it all?

Who is going to recover?

What do you think? Let us know in the comments.

Until next week.

Contributor

Gary LinTicker – Talking business from a gamification point of view and how this can help you, includes Watch of The Day

2 thoughts on “Week 13 #WOTD – 4 Day Bender Helps Diageo

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