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Share Name Share Symbol Market Type Share ISIN Share Description
Associated British Foods Plc 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
  13.00 0.75% 1,739.00 1,725.00 1,727.00 1,753.50 1,674.50 1,745.50 758,776 16:35:27
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Food Producers 15,824.0 1,173.0 111.1 15.7 13,767

Associated British Foods Share Discussion Threads

Showing 2176 to 2196 of 2250 messages
Chat Pages: 90  89  88  87  86  85  84  83  82  81  80  79  Older
DateSubjectAuthorDiscuss
21/1/2020
10:09
+++ RBC RAISES AB FOODS PRICE TARGET TO 2850 (2800) PENCE - 'OUTPERFORM' +++
philanderer
17/1/2020
13:36
Associated British Foods reports rare Christmas cheer Primark has helped Associated British Foods (ABF) defy the fate of other UK high street retailers but Hargreaves Lansdown has warned that the winning streak may not last forever. ABF reported a 4% year-on-year rise in first quarter group revenue, thanks to growing sales at Primark and in its sugar business. Analyst Sophie Lund-Yates said Primark was ‘proof not every retailer struggled this Christmas’. ‘What’s most striking about Primark is it’s essentially an old school retailer. Lack of a meaningful online business makes the chain a high-street play, so the improvement to sales performance is even more impressive,’ she said. Despite the continuing demand for Primark’s wares, Lund-Yates warned that ‘at some point it will start to bump against the sides of the tank’. HTTPS://citywire.co.uk/funds-insider/news/the-expert-view-pearson-n-brown-and-associated-british-foods/a1313821?section=funds-insider&_ga=2.243624204.840937395.1579268053-525498199.1579268053#i=4
philanderer
16/1/2020
14:40
Apologies if discussed on a regular basis, but - Why doesn't the break this up, or spin off primark?
sammu
16/1/2020
13:21
"Huge" day for Primark leaves rivals in shade Credit Suisse analyst Simon Irwin was upbeat. He said in a note to clients: “Given the weak Christmas reported by peers such as M&S and B&M this is quite a welcome surprise and is the first positive quarter since 2017.” He reckons the shares are a clear “buy” since ABF is “one of the few large cap stocks in our universe with solid growth prospects and upside to valuation”. Primark now has a 17% share of the clothes market, well ahead of the next biggest player, M&S. It plans to open another 18 stores this year, including the first shop in Slovakia, Primark’s 15th country. Sophie Lund-Yates, at Hargreaves Lansdown, said: “Primark is proof that not every retailer struggled this Christmas. “What’s most striking about Primark is it’s essentially an old school retailer. Lack of a meaningful online business makes the chain a high-street play, so the improvement to sales performance is even more impressive.” HTTPS://www.standard.co.uk/business/huge-day-for-primark-leaves-rivals-in-shade-a4335951.html
philanderer
16/1/2020
09:28
Making up for some of the hit on WTB this morning.
philanderer
16/1/2020
07:35
What an excellent trading update that is. Well done to all involved at ABF.
tlobs2
15/1/2020
19:30
Thursday preview: Investors will be keen to find out whether highstreet outlier Primark helped Associated British Foods PLC (LON:ABF) bucked the trend of weak Christmas trading for UK retailers. The company found success in recent years thanks to its somewhat odd combination of businesses that include not only Primark but also international sugar businesses and Twining’s tea. ABF, or more specifically Primark, has managed to defy conventional wisdom surrounding ‘the death of the high street’ by turning a profit despite the absence of an online operation, instead relying on large numbers of customers flocking to its enormous high street stores. Given that Primark contributed over half of its profits last year, investors will be hoping the firm has managed to continue moving against the grain over the crucial Christmas shopping period, particularly with high street footfall predicted to have been much lower than last year. There will also be interest in how Primark’s overseas expansion is progressing, with the firm due to open stores in France and Spain, while any comments on the US market will also be noted. proactveinvestors.co.uk
philanderer
13/1/2020
13:00
Hi Am I missing something? Assets net looked to be half of the market cap??
mrmce2012
13/1/2020
09:51
+++ CREDIT SUISSE RAISES AB FOODS PRICE TARGET TO 2800 (2650) PENCE - 'OUTPERFORM' +++
philanderer
10/1/2020
14:56
Dividend paid today :-)
gateside
07/1/2020
17:04
I've been out all day. Nice to come back to another rise. Rising sugar prices in the pipeline for 2020 will be the icing on the cake ;-)
tlobs2
07/1/2020
11:17
Yes on the 16thGood start to the year
gateside
07/1/2020
00:11
Trading update on the 16th ?
philanderer
06/1/2020
16:18
Nice to see this continuing to rise given the actions of Trump.... I get the feeling that there must be something brewing in the background to help fuel this ;-)
tlobs2
27/12/2019
13:09
:-O 'Human bone found in Primark socks not crime-related, police say' HTTPS://www.theguardian.com/uk-news/2019/dec/27/human-bone-found-in-primark-socks-colchester
philanderer
11/12/2019
16:55
Ex div in the morning
gateside
09/12/2019
18:07
'Rainy November adds to high street gloom as shopper numbers fall' Drop of 4.3% compared with same month last year is twice the decline rate at retail parks HTTPS://www.theguardian.com/business/2019/dec/09/rainy-november-adds-to-high-street-gloom-as-shopper-numbers-fall
philanderer
06/12/2019
07:01
Trading Statement. Associated British Foods plc is holding its Annual General Meeting today. At the meeting the Chairman, Michael McLintock, will say: "At this early stage in our new financial year, I would reiterate the outlook that we included in my statement in the annual report. This year, AB Sugar will benefit materially from the increase seen last year in EU sugar prices and from further cost reduction. We expect another year of strong profit and margin growth in Grocery, with Twinings Ovaltine in particular benefiting from a more efficient tea supply chain. Primark will continue to expand its selling space this year, with the most stores being added in France and Spain. Since the year end we have opened three new stores, bringing our total estate to 376 stores trading from 15.8 million sq ft. Looking further ahead, Primark has a strong pipeline of good quality sites. We expect margin for the full year to be only a small reduction on that achieved last year, on a lease-adjusted basis, with the effect of a weaker sterling on purchases being largely offset by cost reductions in both the cost of goods and overheads. Our businesses have completed all practical preparations for Brexit and contingency plans are in place should our businesses experience some disruption at the time of exit. Taking these factors into account, we still expect progress, on both a reported and an IFRS 16 adjusted basis, in adjusted earnings per share for the group for this financial year."
skinny
27/11/2019
19:53
I don't lose any sleep on my investment in ABF even though it's currently over 25% of my SIPP ...... which is against my normal rules ;-)
tlobs2
27/11/2019
11:43
That did it!
skinny
27/11/2019
11:03
Barclays Capital Overweight 2597.00 3200.00 Reiterates 12+ month high @2597p free stock charts from uk.advfn.com
skinny
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