Keyword results: ABF

ABF
ABF

Food and Clothing Giant Weathers the Covid Storm and Looks Set to Surge Now

Hello, Share Gang. You’re probably aware that Primark clothing stores are normally chocker with customers. That’s probably because the gear is low cost and fashionable. Rather oddly, it is a business of Associated British Foods (ABF). And according to its latest numbers, the group is doing rather well.

ABF
ABF
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Is Associated British Foods cheap or boring?

Associated British Foods (ABF) is a FTSE 100 name that is ‘a diversified international food, ingredients and retail group with sales of £13.9 billion, 133,000 employees and operations in 53 countries across Europe, Africa, the Americas, Asia and Australia’. It has been years and years since I last owned the shares and despite it being a very diversified business with Grocery (Twinings and Ovaltine), Sugar (UK beet sugar factories typically produce well over 1 million tonnes of sugar annually), Agriculture (animal feed, nutrition- and technology-based products and offers data services for the agri-food industry), Ingredients (yeast and bakery ingredients production) and Retail (hello Primark). And with regard to the shareholder base, don’t forget that ’54.5% of ABF is owned by Wittington Investments. 79.2% of the share capital of Wittington Investments is owned by the Garfield Weston Foundation, which is one of the UK’s largest grant-making charitable trusts’. Lots of history…and secure ownership makes a real difference.

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ABF
ABF

Popular Primark Powers Back As Lockdowns Ease, Pumping Parent Company ABF

Hello, Share Tasters. One of the most popular shops on the street is Primark. It’s had a hard time of the pandemic though, as it doesn’t do online trading. Never mind, its stores are opening now. And thanks mainly to that, its parent company Associated British Foods (ABF) has seen a surge in revenue. It’s currently up by nearly a half on last time, reaching £3.6 billion.

ABF
ABF

The Santa Rally Is Off to a Slow Start this Year but, as with Reindeer, it should Make Shares Fly.

Hello Share ShiftersYou don’t hear of the fabled Santa Rally these days. After all, we do have more important virus-related issues to consider. However, there will be the usual Christmas boost to most shares and added to the joy of new vaccines that should see a bigger seasonal boost than ever to our shares. Though, as always, the opportunity to make money will be limited as the New Year should bring the usual market hangover.

ABF
ABF

Food and Clothing is All You Really Want as Associated British Foods Shares Prepare to Recover

Hello, Share Minders. There are some companies that you feel are more likely to withstand any disasters thrown at them, including the virus. One such firm is Associated British Foods (ABF), which has the cost-cutting clothing high street stores Primark and a food supply bit…

ABF
ABF

Primark Primed to Peak Again as its Owner Associated British Foods Beats the Virus on Grocery Sales

Hello, Share Seekers. This humble commentator has oft recommended that you should consider Associated British Foods (ABF). Not just because of the grocery side, but mainly because of the amazing attraction to shoppers of its Primark arm. Of course, this enthusiasm was knocked off course by the virus closing down Primark stores but now they’re open again and there seems to be an unseemly rush of buyers eager to make up for lost time...

ABF
ABF

Primark Sells Now't in the Lockdown, but the Crashed Shares in its owner could be an Opportunity

Hello, Share Sifters. Some bad news from Primark. Though it sold £650 million worth of stuff in the previous month, the company says it’s made nothing since. This is because this High Street set-up - one of Britain’s most popular clothing stores - doesn't have an online operation. A badly mauled share price has reflected this...

NXT
NXT
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NEXT continues to educate mere mortals in the clothing retail space...

You know my thoughts on Next (NXT) already: a business with a management team who have a plan. The last time I wrote on the stock - when it closed its online channel to ensure social distancing could be achieved for staff members - a couple of weeks ago, I observed that it was a company with 'an ability to both quantify the challenges and evolve its thoughts'. Suffice to say, these are both traits you want to see in management teams. Markets have pushed up further since I published that piece but do not break out the champagne yet…

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Newsboy
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The company playbook on Covid-19...

Another week starts, another day of losses in the market. You may recall my musing of a week or so ago concerning where we were in the different stages of market psychology. Clearly the early throes of panic/capitulation apparent then have upped their ante very considerably. We can all try to be experts on virus profiles and related but the reality of the situation is obviously short-term earnings uncertainty. You can see this in today's large cap regulatory news updates…

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ABF
ABF

Food And Fab Gear Keep this British Jumbo Buoyant in the Stormy Retail Sea

Hello, Share Pullers. Food and clothing don’t usually go together but they do in the case of Associated British Foods (ABF) and Primark. The food bit owns the fab gear bit. And Primark, which often seems to be crammed with shoppers both young and old, could be propelling British Foods along...

ABF
ABF

This Chalk and Cheese Combo Could Prove a Tasty Treat

Hello, Share Breakers. May I admit that some of my expensive wardrobe was bought in Primark, including the fetching purple polo shirt which I’m sporting now. Anyone who goes there can attest to the huge crowds its stores attract. More importantly, the queues to pay are usually long...

ABF
ABF

We Need Food and Cheap Clothes even when Times are Hard. So Look at this Footsie Giant

Hello, Share Dividers. I can't get my head around the fact that most of my wardrobe is supplied by a food giant. But the fact remains that Associated British Foods (ABF) owns Primark. And as anyone who shops in Primark knows, its stores burst with customers. This is not surprising because their togs are mostly extremely cheap.

Newsboy

RNS potpourri - Bovis Homes, Premier Foods & ABF/Tate & Lyle

It is not exactly a classic earnings Thursday but three quick observations from today's regulatory news selection...

ABF
ABF

Declining Bread Sales May Prompt you to Slice your Bakery Shares

Hello Share Swallowers. The wiser investor pays attention to consumer trends. And to buy shares in a company which is at the mercy of food fashions can be a risky undertaking. We all found this out as the price war among supermarkets began. But here are a few other companies I think might be ‘sells’ because of changes in the most basic type of food we eat.

ABF
ABF

Prospects for Glorious Associated British Foods May Not Be So Glorious At the Mo

Hello Share Tweakers. If I were an investor in Associated British Foods (ABF) I would be getting a little nervous at the moment. It processes and sells food and has the very different business of Primark, the budget clothes stores. You’ve probably discovered that these shops are often stuffed with customers as their prices can be remarkably low.

ABF
ABF

Primark Pack 'Em In - But I'm Not Convinced the Shares Are a Bargain Buy

Hello Share Scorchers. My family is addicted to Primark stores. They will travel 60 miles just to go to our nearest one in Swansea. But it’s not my favourite shopping experience because its establishments are usually absolutely chocker with buyers. Not that Primark is not well equipped to serve them well, with a workforce of 60,000 across 300 stores in 11 countries. You didn’t think it was that big, did you?

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