|Associated British Foods
||ORD 5 15/22P
||EPS - Basic
||Market Cap (m)
Associated British Foods Share Discussion Threads
Showing 1151 to 1172 of 1175 messages
|Kepler Cheuvreux puting the boot in this morning ... initiating coverage with 'reduce' and 2700p target|
|Good to see ABF back above £30|
|Primark in Lancaster to open tomorrow
|Primark Oxford Street absolutely bonkers lunchtime today :-)|
|16th aug Credit Suisse outperform tp 3550p
|Barrow's nearest Primark set to open next week
|The FTSE 100 conglomerate behind fashion chain Primark has joined forces with a host of business groups to fight the mooted sugar tax on soft drinks, amid growing fears the controversial levy will lead to job losses.
|Good to see 3000p again :-)|
Woman ‘spotted trying on knickers at Primark before putting them back on shelf’
|Well done ABF.
On a day where the majority in my portfolio endured small falls today, ABF came to the rescue and by the sounds of it still has some considerable upside to go.
Next up maybe a chain of Primark shops in China. Lets sell their cheaply manufactured goods back to them at a premium price. We'd make an absolute fortune :-)|
|11th aug Liberum buy tp 3600p
|Opening date of Primark Llandudno announced
|A few more days like the recent ones and we'll soon hit the Credit Suisse 3550p target :-)|
|Good idea :-)
I`m sure their property guys are on the case. There`s a large BHS closing down in uxbridge but Primark are already half way to completion on a new store 200 yards up the high street :-)|
|It would be nice to see Primark buy up the better located BHS stores around the UK on the cheap and roll out dozens of new stores :-)|
|Nice ......... :-)|
|Read across from NXT|
|Primark tipped to takeover BHS store in North Wales
|Detail from today`s Deutsche note.. from proactiveinvestors.co.uk
ABF is not just about Primark, but the clothes retailer is well positioned
The short term outlook for Associated British Foods plc (LON:ABF) is good, says Deutsche Bank, which has upgraded the stock to 'buy' from 'hold'.
And the positive trajectory doesn't just stem from budget clothing arm Primark, noted analyst Warwick Okines.
"Improving sugar prices, recent currency moves and balance sheet flexibility are all in its favour," he says.
At the sugar division, profits should rebound strongly in 2017. At today’s spot, world sugar prices in its full year to September 2017 would be 15% higher year- on -year.
Higher EU prices, and around £20mln lower input costs at British Sugar, and Illovo, all contribute, says Okines.
Meanwhile, Primark is well positioned longer term and 2017 should be the first time in its modern history that over half of the business is outside the UK.
Deutsche says its business model is hard to replicate. It can afford to sell at less than half the price and make less than half the profit per garment as H&M because its volume densities are so high.|
|Yep, nice :-)
It`s an upgrade from Deutsche to 'buy' and 320p target (from 3000p)
RBC reiterating 'sector perform'|
|Nice start to the week :-)|
|Tiny bounce yesterday .
I added twice this week :-)|