|Associated British Foods
||ORD 5 15/22P
||EPS - Basic
||Market Cap (m)
Associated British Foods Share Discussion Threads
Showing 1351 to 1373 of 1375 messages
|Yeah cheers for that tlobs Maybe they will come back in 6 months with a better offer - I doubt it. Or, they could buy chunks of ABF....the food bit that is.|
Kraft Heinz is backed by Berkshire Hathaway and it is run by Warren Buffett’s favorite deal-making partner, Brazilian private equity firm 3G Capital. To date, Buffett has only participated in friendly merger transactions negotiated by 3G Capital’s deal extraordinaire partners. Perhaps 3G Capital and Kraft Heinz will go back to the drawing board on their deal strategy, either through a negotiated transaction with Unilever or setting their sights on another target.|
|Reaction to Kraft withdrawal|
|You never know, Kraft wanting Unilever......come and get some ABF you know you want it Buffet|
|He might sell a few divisions off ;-)|
|That`d take some doing tl.....George Weston owns nearly 55% of the company ;-)|
|Kraft Heinz confirms it has approached Unilever about a deal that could be worth over £100bn.
I wonder if any or all the parts of ABF look attractive to a foreign buyer?|
|Investors piled into Associated British Foods, up 34p at 2534p, after Morgan Stanley raised its rating to overweight and said Primark, its prized asset, could grow profits by more than 40% next year.
That will happen if the discount clothes retailer hikes prices to compensate for a fall in margins as a result of Brexit, which Morgan Stanley analysts think will happen “in due course”.
“Primark remains an excellent long-term international growth story and its margin problems are temporary,” the investment bank argued.
|*TRADERS: MORGAN STANLEY RAISES AB FOODS TO 'OVERWEIGHT'
increased price target of 2,800p, up from 2,650p.|
|There's a chance we may see 2350 again......unfortunately|
|Director share purchases, should help|
ABF has long-term fire power, says Shore Capital
Primark-owner Associated British Foods (ABF) may currently run on a ‘fulsome’ valuation, according to Shore Capital, but the analysts are optimistic about the future.
Analyst Clive Black retained his ‘hold’ recommendation on the stock, which yesterday rose 49p to close 2% up at £24.96.
‘ABF is a high quality company, in our view, with excellent management, financial constitution, organisation make up and long-term prospects. In recent times the share has perhaps over-run on over-exuberance with respect to the prospects of the best in class Primark discount apparel business; maybe more realism is now present,’ he said.
Black said the ‘hold’ recommendation reflected ‘the currently reasonably fulsome valuation and the more recent mellow news from Primark on margin investment against strong progress elsewhere in the group’. However, he added the company has ‘a powerful balance sheet and much fire power for long-term development’.
Take a sneak peek inside Colchester’s new Primark store ahead of the opening on Thursday, February 9
|Better day for the shareprice .
'Silver Spoon to close Billington’s sugar packaging plant in Ipswich with loss of 50 jobs'
|That must have helpedThere might be a gap to fill though|
|Shore Capital reiterates 'hold'|
|Didn't really help the sp|
|6th feb Liberum buy tp 3100p
|None whatsoever. Might need a bit of patience though ;-)|
|Any reason for it not to go back to 3000?|
|Evening EI , you make it sound like I`m the fella who ate all the pies ;-D|
|GRG and KGF are my favourite retailers, great hopes for both longer term.
Phil knows GRG very well.
ABF- pristine balance sheet, cash generative food business, Primark arguably
offers a nice longer term growth opportunity, just a case of how much you are willing
to pay in terms of multiple.|
|Think maybe a stop loss at 2200?Next market update on the 27th Feb|