Associated British Foods Share Discussion Threads

[zyzzyva] 06/11/2015 10:33

EPS expected to fall this year to 100p. so that is 35 x EPS double the market

[zyzzyva] 06/11/2015 09:35

agree with Gateside they are w#nkers

[philanderer] 05/11/2015 17:42

Not forgetting the ovaltine ;-)

[gateside] 05/11/2015 17:06

Almost back through 3500p today - better keep drinking those Twinning's teas and eating those Ryvitas! ;-)

[gateside] 05/11/2015 17:04

If they have a target of 3000p - how on earth can they call it a 'HOLD'?

[philanderer] 05/11/2015 16:41

Bourne filming with a vengeance today at a damp Paddington . Matt Damon running across a bridge 30 yards from where we were having lunch :-)


5th nov Deutsche hold tp 3000p

reiterates

[zyzzyva] 04/11/2015 08:46

trading on 35x. can this really still go higher?

[philanderer] 03/11/2015 23:36

According to analysts at Liberum, despite the ongoing difficulties in the sugar division, the 30 per cent fall in profits was not as bad as predicted.
Liberum said AB Foods had gone through a 'transition year', with performance set to start turning a corner, particularly with Primark's ongoing success.
A Liberum analyst said: 'We estimate that Primark can double sales and profits over the next five years.'


Read more:

[philanderer] 03/11/2015 20:03

In analysts report sent to investors on Tuesday, 3 November, Associated British Foods (LON:ABF) stock had its Overwt/Cautious Rating reconfirmed by research professionals at Morgan Stanley. They currently have a GBX 3500 target price on company.

[philanderer] 03/11/2015 17:20

LOL no ,

I`ve been meeting my lovely wife up there for lunch for the last two days. She`s having meetings this week in London to sell her uk business interests.

So when I arrive by train into Paddington you can`t fail to see all this hooha going on. If you know the station, the filming is taking place by the new Hammersmith & City exit , along to Merchant Square and near The Point building.... using the waterway as well.

Supposedly going to be a lot of gunfire noise tomorrow , warning signs up everywhere :-)

[suetballs] 03/11/2015 17:09

Phil - are you an extra on Bourne 5? You seem to know what is going on.

Suet

[philanderer] 03/11/2015 16:22

Bonus overlooked....Profits were up 6% to £285m in its grocery business, which includes Ovaltine, Twinings, Allied Bakeries and Dorset Cereals.

[philanderer] 03/11/2015 16:01

Matt Damon filming Bourne 5 in London Paddington today :-)

...guy with the long hair is director Paul Greengrass

[philanderer] 03/11/2015 13:34

Morning`s conference call notes here ...

[philanderer] 03/11/2015 10:20

Yep, pretty much.

Lets see how MKS numbers look tomorrow , I`ve got a fair few of them as well.

[zyzzyva] 03/11/2015 09:49

so on 20x earnings that would equate to a £20 share price

[philanderer] 03/11/2015 09:41

Associated British Foods

FY results a little ahead of estimates; outlook calls for modest year-on-year EPS decline

November 3 2015 Morning briefing

SECTORS: Foods

COMPANIES: Associated British Foods

DAVY VIEW

ABF delivered a third year of broadly stable earnings, offsetting sugar profit declines and FX headwinds through Primark growth and improvements in the Grocery and Ingredients divisions. The reduction in net debt was particularly noteworthy (0.1x EBITDA), driven by lower capex and disposal proceeds. The 2015/16 outlook calls for good underlying trading to continue into the current year. As previously flagged by ABF however, FX transactional impacts will temper reported performance and a modest decline in adjusted operating profit and adjusted EPS is expected. Our current EPS forecast is 100.2p, c.2% below the 2015 outturn

[philanderer] 03/11/2015 09:23

Pretty much 'sell on the news' and a weak general market.

first out...

3rd nov Liberum buy tp 3450p

retains

[philanderer] 03/11/2015 09:07

Pretty much well flagged in september`s pre close trading update.

Morning all.

[zyzzyva] 03/11/2015 07:59

perhaps. but a conglomerate trading on 33x earnings?

[suetballs] 03/11/2015 07:14

Results pretty good in my opinion - a quality business.
Come on Primark USA!
Suet

[philanderer] 02/11/2015 17:37

Still filming 30 minutes ago, they`ve got a boat going up the canal now at The Point , Paddington .... two weeks of filming according to one of the extras

:-)

[philanderer] 02/11/2015 16:27

LOL - very much doubt it , looked more like Superdry :-)

[zyzzyva] 02/11/2015 16:16

was he wearing primark?