Associated British Foods Share Discussion Threads

[luckymouse] 11/9/2014 02:31

That's because its dead in the water - slanting dbl top converting into an H&S at a glance.
Fair value is roughly 2450-2250 (depending on how you calc it) which corresponds with a 250-450 point fall.
The 100week MA is currently rising at 2220 - so putting it together theres a risk the H&S will complete and meet the 100WMA at around 2300

Hope Im wrong and happy to be countered. Being a FTSE100 stock its fate lies in the hands of the big boys who must be eyeing very closely
ATB LM

[tiptv1] 09/9/2014 17:32

AB Foods (ABF): Possible Head & Shoulders reversal - See more at:

[brahmsnliszt] 03/9/2014 18:57

Very quiet in here

[alphahunter] 14/7/2014 08:51

Primark on 35x EPS for 8% lfl sales growth. This reminds me of yesteryear's lofty valuations reached by a range of luxuary stocks (Prada, Ferragamo, Burberry...), who have landed back to more reasonnable levels since.

[alphahunter] 10/7/2014 10:55

ABF's share price catching up with Inditex, Ted Baker & H&M

[butchcasio] 04/7/2014 15:53

Breakout, from a great base.

News next week.

negatives could be strength of Sterling and drop in the price of Sugar.


BUT, lots to be bullish about too.

Great R/R

[tiptv1] 04/7/2014 14:48

Broker Forecasts on TipTV say Associated British Foods (ABF.L) is Overweight, - See more at:

[miata] 24/2/2014 10:20

A much lower profit from Sugar will be offset by another excellent performance from Primark and encouraging results from Grocery and Ingredients," the company said.

We continue to expect adjusted earnings per share for the financial year to be similar to 2013.

[kendonagasaki] 09/2/2014 18:50

Ambitious target, will be most intrigued.

[r ball] 07/2/2014 08:41

bit ambitous

[gateside] 05/2/2014 14:00

Morgan Stanley said expansion prospects for its Primark unit could justify a £45 share price

[gateside] 21/1/2014 15:38

UBS has named food ingredients and retail firm Associated British Foods as its 'Key Call', as it hiked its target price for the stock from 2,430p to 2,890p following last week's first-quarter update.

The bank believes that AB Foods, rated 'buy', should trade on a higher multiple due to the structural growth story at its retail division Primark. Primark is now being valued – based on the current share price – as 70% of the whole company given UBS' £15.5bn valuation for the retailer.

[r ball] 21/1/2014 12:14

momentum trading at its best. Buy high and buy again each time a little bit higher. blue sky above.

[alphahunter] 21/1/2014 10:25

Momentum investing. No questions asked.

[nissi_beach] 16/1/2014 08:02

Sugar still offsetting any primary gains

[r ball] 14/1/2014 19:23

indeed. mkt expecting progress.ps: investegate lists most upcoming dates.

[gateside] 13/1/2014 15:51

AB Foods trading update on Thursday 16th January

[arja] 13/1/2014 15:50

yes, NOR situation and rocketing today in a quiet market ! Thanks for earlier comment about NXT .

[r ball] 10/1/2014 13:26

momentum trading at its best. Buy high and buy again each time a little bit higher.

[r ball] 03/1/2014 12:54

I just follow the sectors and look to pair trade. Next has done well over Christmas and the increased confidence should feed through to ABF (Primark really). Also, food price inflation is starting to feed through the system too.

PS: I only look to make a few % each time and buy into companies with a small spread to minimise costs.

PPS: all the best.

PPPS: HIK, BKG and QED worth a look.

[arja] 03/1/2014 11:01

can you explain that please as I am a mere chart follower. With ABF, how long is a piece of string !