Associated British Foods Share Discussion Threads

[essentialinvestor] 22/5/2025 18:45:38

RBC downgraded ABF today saying Primark price perception no longer sees the brand as offering lowest price items.

[essentialinvestor] 22/5/2025 18:33:23

Primark loosing market share though atm.

Shares are not expensive.

[sigmund freud] 08/5/2025 11:18:12

my local very large primark store was totally rammed last weekend, on each floor
i know little about the sugar market and bioethanol, but the retail side is strong
lots of china garment dumping is likely in uk
low income shoppers may go wild
interest rates likely to come down quite a bit in uk i would guess too
bought in around £20
my wife already has some, bought some for her too

[panache1] 08/5/2025 10:52:03

Good NEXT results today - should they have any bearing on Primark in a positive way ?

[essentialinvestor] 07/5/2025 13:27:25

Worth a looking under 19, aby views..

[panache1] 06/5/2025 07:05:28

RNS out regarding allied bakeries and endless LLP

[suetballs] 30/4/2025 12:05:22

Despite the horrible sugar results there appears to be some upside.
Encouraging.
Suet

[skinny] 30/4/2025 11:22:14

FWIW :-

Goldman Sachs raises Associated British Foods price target to 2,400 (2,200) pence - 'neutral'

Barclays cuts Associated British Foods price target to 2,200 (2,300) pence - 'equal weight'

Deutsche Bank cuts Associated British Foods price target to 2,220 (2,275) pence - 'hold'

JPMorgan cuts Associated British Foods price target to 2,215 (2,250) pence - 'neutral'

[essentialinvestor] 29/4/2025 14:25:06

Their net debt includes lease liabilities.

ABF not overly expensive but falling profitability atm, modest divi yield .
So what earnings multiple looks fair - 11-13 X is my guess.
Higher if they reignite growth.

On the share price, a lot depends on both the wider UKX and whether you consider there are further earnings downgrades yet to come.

[wad collector] 29/4/2025 13:01:53

Interims not encouraging , everything down except debt, and a static divi.

[suetballs] 28/4/2025 12:02:58

mks having a tough time with a cyber attack.
We are so reliant on computers these days.
Suet

[tlobs2] 16/4/2025 10:16:15

My wife is heading to our local Primani for Easter gifts for all the grandkids today.

That should add another 100p to the share price by the time she's done ;-)

[suetballs] 15/4/2025 14:08:26

sp surprisingly doing nicely atm. Probably down to low impact of Trump tariffs.
Suet

[tlobs2] 04/4/2025 08:43:25

Looks like we're better off without him. Worked wonders for the share buy back program when he left :-)

[queen gibbs] 31/3/2025 17:27:21

Not a one off he has history
It also emerged that Marchant had been investigated over a previous incident involving "inappropriate communication" some time ago, with "proportionate action" taken at the time, according to a company spokesperson

[fuji99] 31/3/2025 17:10:36

Grabster:
I still cannot understand why people leave it for so long regardless.
Regarding Harrods boss, due to his arrogance and his bullying and vulgar attitude (as seen on TV), I would never work for someone like him in the first place.
Again I am still puzzled to why so many women left it for so long.

[sigmund freud] 31/3/2025 09:18:50

if he has been there that long, there are sure to be more
the board might well have heard rumours before so they felt they had to request an independent review
i'd stay clear for a bit

[grabster] 31/3/2025 09:08:36

He's been there 16 years. Journalists (of the scummier variety) at The Sun and The Mail will doubtless be eagerly chasing all his female colleagues - at Primark and at his previous territories (3 years at New Look and 8 years at Debenhams) - for additional revelations going back a quarter century. That's what usually happens next. And maybe a "Welcome to the club" message from all the other disgraced bosses and celebs.

Another one bites the dust.

[sigmund freud] 31/3/2025 09:03:37

odds on the next ceo is a woman?
more than anything the ceo sets the culture, and this looks terrible
it'll go round and round the company for ages and distract from day to day business

[grabster] 31/3/2025 09:03:11

Previously described as favouring a "hands on" approach. They might want to reword that.