Share Name Share Symbol Market Type Share ISIN Share Description
Associated British Foods LSE:ABF London Ordinary Share GB0006731235 ORD 5 15/22P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -5.00p -0.15% 3,360.00p 3,354.00p 3,356.00p 3,377.00p 3,337.00p 3,361.00p 695,370 16:35:26
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Food Producers 13,399.0 1,042.0 103.4 32.5 26,600.25

Associated British Foods Share Discussion Threads

Showing 1276 to 1298 of 1550 messages
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DateSubjectAuthorDiscuss
12/1/2017
12:34
One more :-) UBS ....... Q: How did the results compare vs expectations? A: Primark LC sales were up 12% on a comparable week basis. Store openings are front end weighted this year and overall Primark LFL looks to be 0-1% with the UK around 2%. UK was a further share gain; Europe was held back by cannibalisation. Q: What were the most noteworthy areas in the results? A: Sugar profitability is rising strongly with LC revenue growth of 22% driven by stronger sugar prices and Illovo. There will also be a significant currency benefit particularly from the strength of the euro vs sterling. Q: Has the company's outlook/guidance changed? A: ABF still expects "progress" in adjusted operating profit and EPS in FY17. Specifically, the Primark EBIT margin guidance of -200bp – primarily as a result of currency – is also unchanged, although this looks like a worst-case scenario. HTTPS://ftalphaville.ft.com/marketslive/2017-01-12/
philanderer
12/1/2017
10:53
Broker details ( bit long) ;-) Veteran market commentator David Buik, of Panmure Gordon, has this morning's update from Associated British Foods was "ok" in terms of sugar and sweeteners, but adds an 11pc increase in sales for Primark was "inadequate for the shares to crack on". Liberum analyst Robert Waldschmidt said he expects a "strong rebound" in full-year group profits in 2017, as the sugar business recovers and Primark continues it store roll-out programme. "We estimate Primark can double sales and profits over the next five years," he added. Robert Waldschmidt reckons ABF offers "compelling exposure" to secular growth trends in retail over the next 10 years. He added: "ABF’s underlying fundamentals appear robust underpinning our conviction that profits will show solid recovery from FY’17. We think the shares can hold their rating as investors look through near-term headwinds towards the long-term." Elsewhere, Charles Pick, of Numis, has three comments on ABF's trading update. He says: Primark may have achieved modest overall like-for-like growth but there is no pointer for its No 2 market (12.2pc of sq ft.) Spain. Primark peers Hennes & Mauritz and Inditex trade on respective multiples of 22.2x and 30.8x as per Bloomberg. ABF results are heavily H2-loaded (last FY just 43.5pc of PBT arose in H1) so it is early days. Even so downgrades are improbable! The reverse is more likely.
philanderer
12/1/2017
10:37
i am not so sure. the dividend yield is less than half the market yield but profits have been falling.
basil brush1
12/1/2017
10:27
Positive update today. Good buying opportunity
gateside
12/1/2017
10:24
no one believes them. fake news
basil brush1
12/1/2017
10:04
12th jan Numis add tp 3128p downgrades 12th jan Shorecap hold - 12th jan Liberum buy tp 3100p
philanderer
12/1/2017
09:26
Good numbers but they nearly always are :) Yep, high valuation for a highly rated company. Added a few @ 2640p Morning PHIL :-)
philanderer
12/1/2017
08:12
no upgrade. the PE is very high. borkers with holds an tp of 2450 not exactly promising.
basil brush1
12/1/2017
07:53
Hi phil, fancy you being here. 1st time I've looked at this share. Great update. I was interested as I was very impressed with Primark pre xmas stock selection and pricing. Will look further at this.
philo124
12/1/2017
00:30
:-) 'Hines wins Primark as prime tenant for "ZOOM" Berlin' January 11, 2017 Berlin: Hines has the fashion retailer Primark recovered as main tenant for its 16,900 square meter, a new office building in Berlin. The Irish-based retail company will rent approximately 6,485 sqm of sales space for a total of approximately 11,400 sqm of retail space in the "ZOOM", which is located in the City West, directly between Bahnhof Zoo and Kurfüstenstraße. Primark has signed a long-term leasing agreement for sales areas from the ground floor to the second floor. The handover will take place in 2018. With its 150 m long three-storey glass façade, "ZOOM" offers not only the road to the highest brand awareness, but also large-scale advertising opportunities on the railway side. HTTP://www.rohmert-medien.de/news/hines-gewinnt-primark-als-hauptmieter-fuer-zoom-berlin,224867.html
philanderer
11/1/2017
17:47
Followed by Ryvita.
gateside
11/1/2017
17:11
Twinnings Tea and Jordan's Cereal for breakfast then!
gateside
11/1/2017
17:05
Trading update tomorrow. Fingers crossed
philanderer
10/1/2017
23:36
Twinings Tea ‏@TwiningsTeaUK 9 hours ago Fill your cupboard with sunshine, with our newly designed packs of infusions: HTTPS://www.twinings.co.uk/about-twinings/latest-news-and-articles/fabulous-new-packaging
philanderer
06/1/2017
09:59
Associated British Foods making progress, says Jefferies Jefferies expects Primark owner Associated British Foods (ABF) to make progress on earnings this year. Analyst James Grzinic retained his ‘hold’ recommendation and £24.50 target price. The shares rose 75p to close 2.9% up at £26.85. ‘We model for ABF’s first quarter update to confirm a return to positive like-for-like at Primark, and a reiteration of guidance for progress in earnings before interest and taxation and earnings per share in 2016/17,’ he said. ‘We expect this to be largely anticipated by investors, and note unhelpful inflections in dollar/euro, freight and cotton costs, and to some extent sugar.’ Although progress was being made, Grzinic said the valuation still remained ‘pretty full’. Last month ABF said its sugar business had benefited from price increases and cost cutting but that its discount clothes chain Primark was suffering margin pressure. HTTP://citywire.co.uk/money/the-expert-view-persimmon-costain-and-breedon-aggregates/a982102?re=44074&ea=290170&utm_source=BulkEmail_Money_Daily&utm_medium=BulkEmail_Money_Daily&utm_campaign=BulkEmail_Money_Daily#i=5
philanderer
06/1/2017
09:57
'High Street Christmas sales figures fail to sparkle' High Street sales fell in December for the fourth year in a row, as shoppers shifted more Christmas shopping online. Sales were 0.1% lower than in December 2015, according to BDO's High Street Sales Tracker, with consumers spending more on home wares but less on fashion. HTTP://www.bbc.co.uk/news/business-38526276
philanderer
06/1/2017
09:26
what borkers advise a switch from stock on 10X PE and 8% yield to one on 25X and 1% yield? stupid idea. no trusting them borkers.
basil brush1
05/1/2017
13:37
gap filled perfectly
basil brush1
04/1/2017
13:39
Totally agree tl. Added this morning as well:-) 'Swap Next for Primark owner ABF, analysts suggest' HTTP://www.sharecast.com/news/swap-next-for-primark-owner-abf-analysts-suggest/25392664.html
philanderer
04/1/2017
12:09
Just added another block for the SIPP so no rush for a return to 3200p just yet. It is crazy that a modest fall in sales at NEXT can trigger falls elsewhere especially when ABF profits are generated by so many diverse businesses around the Globe.
tlobs2
04/1/2017
08:57
NXT downgrades and read across this morning
philanderer
03/1/2017
20:38
STATEN ISLAND, N.Y. -- Primark -- the European retailer subletting space from Sears in the Staten Island Mall -- has set up a recruitment center to hire more than 200 employees for its new store opening on March 16 HTTP://www.silive.com/westshore/index.ssf/2017/01/primark_to_hire_200_workers_on.html
philanderer
03/1/2017
16:10
DB certainly soured sentiment on non food retail today, had a token amount of NXT, not brave enough to make a decent sized buy
essentialinvestor
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