Associated British Foods Share Discussion Threads

[philanderer] 15/8/2016 17:46

Good to see 3000p again :-)

[philanderer] 12/8/2016 12:36

:-D

Woman ‘spotted trying on knickers at Primark before putting them back on shelf’

[tlobs2] 11/8/2016 18:59

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 :-)

[philanderer] 11/8/2016 09:39

11th aug Liberum buy tp 3600p

reiterates

[philanderer] 08/8/2016 11:27

Opening date of Primark Llandudno announced

[tlobs2] 05/8/2016 07:13

A few more days like the recent ones and we'll soon hit the Credit Suisse 3550p target :-)

[philanderer] 03/8/2016 17:26

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 :-)

[tlobs2] 03/8/2016 12:05

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 :-)

[tlobs2] 03/8/2016 09:44

Nice ......... :-)

[philanderer] 03/8/2016 09:10

Read across from NXT

[philanderer] 02/8/2016 20:48

Primark tipped to takeover BHS store in North Wales

[philanderer] 01/8/2016 13:40

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.

[philanderer] 01/8/2016 09:33

Yep, nice :-)

It`s an upgrade from Deutsche to 'buy' and 320p target (from 3000p)

RBC reiterating 'sector perform'

[tlobs2] 01/8/2016 08:13

Nice start to the week :-)

[philanderer] 30/7/2016 10:21

Tiny bounce yesterday .

I added twice this week :-)

[gateside] 29/7/2016 22:49

Let's hope it doesn't reach their target price.

[philanderer] 29/7/2016 10:22

Jeez , are Goldmans the only one who have called this right 2 weeks ago ?


12th july Goldmans sell tp 2475p

[philanderer] 28/7/2016 14:11

Can`t snap this downtrend for some reason.

[philanderer] 25/7/2016 21:14

"UK harvest prospects 'modest', says EU, noting 'high' pest pressures"

........comments chime with those from other commentators, such as Frontier, the grain trading joint venture between Cargill and Associated British Foods, which said that "the crop harvested to date has been variable but the general picture is of low specific weights, high screening levels and modest yields".

full article:

[philanderer] 25/7/2016 10:22

Added a few more this morning

[philanderer] 25/7/2016 07:49

Associated British Foods :

^^ UBS cuts target price to 3000p - 'neutral' retained


25th july Credit Suisse outperform tp 3550p

reiterates

[philanderer] 21/7/2016 13:52

Twinings Tea ‏@TwiningsTeaUK 1 hour ago

We’re offering 20% off green tea when you use the code FRESH on our website here: . Enjoy!