Ripley94
08 Feb 2018
Re: Hotoliveoyl49 Can not recall why i was looking for the poster hotoliveoyl49.Maybe he brought by attention to this share.Spoke to a broker ( C ) always a mistake taking advise in past ,Bought in @ 2598p ... lets hope its different this time .At least it not he same broker i last paid attention to who like clln.
Uncle Doug
08 Feb 2018
SP disappointing. Another fall today. SP 2600p. Obviously there's been a general market correction but these have suffered more than most. ABF hasn't visited these low levels very often in past few years and results have been good IMO. Anyone know why the fall?I'm seriously thinking of buying some at this price.
II Editor
18 Jan 2018
NEW ARTICLE: Primark record can't save AB Foods "Perhaps investors in LSE:ABF:Associated British Foods have grown a little blasé after several years of market-beating growth from the fashion chain Primark.But instead of the usual "Primark bounce" that follows the release of its trading figures, ..."[link]
Rhigos
18 Jan 2018
Re: Strong sales . SP down ?? [link] probably down because of sugar revenues down 'AB Sugar revenue from continuing operations was 12% behind last year at constant currency and 13% behind at actual exchange rates. 'I also heard something in media about Primark not doing as well in USA as hoped for though as far as I know they are continuing to open new stores there.Past experience with ABF share price is that SP often falls following trading update then in following few months SP moves up above level before report. IMO sugar revenues not too important, ABF growth all about Primark. If history repeats now a buying opportunity.
the-mong
18 Jan 2018
Strong sales . SP down ?? Associated British Food's revenues for the 16 weeks to 6 Jan were 4% up on last time at constant currency with sales at Primark up 7%.The group said the outlook was unchanged, with progress expected in adjusted operating profit and adjusted earnings for the full year.An update said: 'Sterling has strengthened against most of our major trading currencies, other than the euro, and as a result sales from continuing operations at actual exchange rates were 3% ahead.'Other than the expected reduction in sugar revenue, sales growth was delivered by all of our businesses and their combined revenue was 6% ahead at constant currency.'The update on its retail business said: 'The UK continued to perform well with strong like-for-like sales, a consequent strong increase in share of the total market, and trading which reflected the breadth of our consumer offering.The sales growth across Europe was held back by unseasonably warm weather in October.'This was followed by good trading in the five weeks leading up to Christmas.'Primark achieved record sales in the week before Christmas.'Trading in the US has continued to make progress.'Operating margins in the first half are now expected to be close to those in the same period last year with better buying virtually offsetting the adverse effect of the weaker sterling / US dollar exchange rate on purchases. Stock was tightly managed again this period.'
the-mong
17 Jan 2018
Primark opening in Bluewater [link]
susanne9
15 Jan 2018
SP ABF is the only blue in a sea of red today !
notconfucius
15 Jan 2018
Trading update Thursday Trading update due on Thursday. A great fan of ABF and traded on many occasions,dbuy at about £29ish and sell £33 ish(as recommended by someone on this board). Brokers forecast on H.L are £31.-£35 so sold National grid ans Standard life aberdeen(neither going anywhere IMO in short term)Bought back in @£28.33 big leap of faith with mixed results from High street so will have to wait and see if Primark have been able to beat the trend again and come up with a result that is going to move shares towards broker forecasts
the-mong
08 Jan 2018
Bit confused Hargreaves Lansdowne has these down 125 pence. What happened?
give the dog a bone
03 Jan 2018
Re: NEW ARTICLE: Next shares rocket, but is ... all attention seems to be on the Primark brand which is almost 50% of the business but surely the SUGAR is a failsafe sector
II Editor
03 Jan 2018
NEW ARTICLE: Next shares rocket, but is rally sustainable? "A year ago, LSE:NXT:Next chief executive Simon Wolfson was battening down the hatches and warning over "exceptional levels of uncertainty" in the clothing sector. A Christmas profits warning sent shares 10% lower and set the tone for a difficult ..."[link]
one4all
19 Dec 2017
its a BUY BUY BUY , Primark to list in spin off BUY BUY BUY
II Editor
01 Dec 2017
NEW ARTICLE: Still opportunities in the retail sector "The festive season has truly arrived with a vengeance and the retail sector depends on the seasonal shopping frenzy. Last weekend heralded the official launch of spending season, a four-day retail extravaganza beginning with Black Friday and ..."[link]
Rhigos
13 Nov 2017
Analysis of ABF by Phil Oakley [link] above link contains analysis of several companies including one of ABF, by well respected analyst Phil Oakley, who now works for Ionic owner of ShareScope and SharePad. I found it informative and worth reading. He does not place enough emphasis on Primark IMO. I am a long term holder of ABF because of the growth of Primark.
tomhawbuck
07 Nov 2017
Re: Results I'm a long term holder of this company. I like the fact that it is conservatively run, yet is innovative - this year they bought businesses in the sports nutrition and balsamic vinegar business, as well as expanding Primark. Also, unlike other companies who have tried to open shops in the US, they are taking trouble to adjust their retail model to the reality of US shopping. Also the board have skin in the game, so I will hold and maybe add on weakness. It's a shame the stock market is so negative about them, marking them down today. I wonder if, in the long term, the London market is the right place for them.
