Diageo plc (DGEAF)

Investors, please take a look at ticker ILUS as well. ILUS International is rapidly expanding & uplisting in 2022. ILUS International is a rather new company that has increased profits and revenue every quarter since inception. ILUS Internationals year over year revenue is up 588%. ILUS has also just reported on 8/15/2022, a 553 percent increase in revenue over their previous quarter.
ILUS has just merged Wikisoft, formerly ticker WSFT, into their new 100 - million dollar in revenue acquisition, Quality International. They are now called Quality Industrial. This ILUS company is now trading under the ticker QIND.
ILUS is building a conglomerate, with several different companies and divisions under the ILUS umbrella. ILUS manufactures EV's, UAV's, and Drones to name a few of their many business endeavors. They are also involved in Urban Mining, the Metaverse, and the very lucrative firefighting and fire safety technology sector. ILUS holds patented firefighting / safety technology. They are developing technology to assist with the containment of both EV battery fires, and wildfires. The wildfires out west are a major concern and solutions are already developed. ILUS is looking to save lives. They have had several meaningful discussions with the state of California, among other states as well. They are on path to be the worlds firefighting and safety technology leaders in the near future.
ILUS is an M & A company and growing fast. ILUS is about to begin manufacturing the E-Raptor, the worlds first and only six-wheel, all electric utility vehicle. This will take place at the new 600,000 plus square foot facility in Serbia. It is a part of a significant deal that ILUS has signed with the European Union. ILUS International will begin manufacturing a variety of vehicles including those used by the military and defense sectors in Europe. ILUS will surely benefit from the major increase in defense spending that is taking place globally. ILUS will be doing a significant amount of business with the private sector also.
ILUS will incorporate in their manufacturing processes their own urban mining / battery recycling into their EV lines. ILUS has completed "7" acquisitions in the last 20 months. ILUS has increased their 2022 revenue forecast from 40- million to 140- million dollars. In addition, ILUS has several new acquisitions and revenue sources yet to be officially announced. They are all very significant acquisitions as far as the revenue & profits in which they will add to the already strong balance sheet. ILUS is on track to be a billion- dollar company by the end of 2023. Please see Yahoo Finance for more details and news.

Why does Diageo have such a high PE?

The revenue and free cash flow are decent but flat.

The net profit is ok and the are doing a little but of share buy back.

I own a lot of Diageo and Apha
I bought Apha because I think Diageo should merge with people that used to work with them and they know them

It’s priceless

Now move on and merge ASAP with Apha because constellation brands are already working and I don’t won’t Diageo will stay from behind....

Long and Strong!!!