Associated British Foods Share Discussion Threads

[essentialinvestor] 06/5/2024 13:29

Expect back above £27 this week.

[philanderer] 05/5/2024 23:35

Just back from Malaga. Primark has a large store there and eleven in total in Andalucia

[essentialinvestor] 29/4/2024 12:49

Added a few.

[skinny] 29/4/2024 12:41

FWIW :- RBC raises AB Foods price target to 2,900 (2,700) pence - 'outperform'

[skinny] 26/4/2024 11:25

FWIW :- Goldman Sachs raises AB Foods price target to 2,920 (2,680) pence - 'neutral'

[essentialinvestor] 25/4/2024 13:00

This still looks cheap down here - they have coped with Shein as a competitor, non retail divisions now humming.

Intend to add lower, if available.

[skinny] 24/4/2024 12:15

FWIW :-

Barclays raises Associated British Foods price target to 2,700 (2,400) pence - 'equal weight'

[turvart] 24/4/2024 00:59

I bought in today, just love the fundamentals and balance sheet, just wished I studied this ABF sooner!!

[wad collector] 23/4/2024 22:31

Oh go away you desperate ramper, nothing to do with ABF.

[blackhorse23] 23/4/2024 13:11

Bought GNC [LSE] today , dividend announcement next month

[skinny] 23/4/2024 08:38

If Carlsberg did Interim Results......

Not much, not to like.

[tlobs2] 23/4/2024 08:12

You can't ask for a much better update than that. Well done :-)

[philanderer] 20/4/2024 10:07

Primark owner Associated British Foods releases interim results on Tuesday (23 April) having already predicted a year of ‘meaningful progress in both profitability and cash generation’ notes broker ShoreCap.

Since then, there have been quite mellow non-food sales {Primark] reported across the UK, with the wet weather having an adverse impact.

“Grocery is more settled with easing inflation, rising promotions and improving volumes,” adds the broker.

ShoreCap added it raised its 2024 forecasts in January and is looking for clean pretax profits of £1,787m and EPS of 174.5p against consensus of 180.6p.

“With a very strong balance sheet providing significant optionality, we find the current equity ratings undemanding,” the broker, which has a ‘buy’ rating on the shares.

proactiveinvestors.co.uk

[skinny] 15/4/2024 10:04

FWIW :- RBC raises AB Foods price target to 2,700 (2,650) pence - 'outperform'

[philanderer] 09/4/2024 00:26

tl, it's getting interesting :-)



UK retailers given hope of ‘green shoots of recovery’ after Easter pickup

[tlobs2] 02/4/2024 08:57

I tell you Phil, Shein will have an eye on buying Primarni for mega bucks !

[philanderer] 02/4/2024 00:40

Fast fashion retailer Shein doubles profits as it awaits IPO approval

[tlobs2] 27/3/2024 08:03

And again today. Long may it continue :-)

[suetballs] 26/3/2024 17:11

Nice rise today - getting back to £30?
Suet

[philanderer] 18/3/2024 14:00

Primark adding stickers to bags to stop shoplifters from walking out of stores with stolen goods

A Primark spokesperson said the firm would not be disclosing which branches have made the change.

[philanderer] 12/3/2024 00:58

Primark to raise UK store workers' pay by 9.1%

[philanderer] 05/3/2024 00:27

Retailers suffer in wettest February on record

[suetballs] 04/3/2024 08:02

Well they certainly will have the firepower.
Suet