London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Perfect low risk recovery play. £20 short term imo.
Bye Bye Kallu
How much is %dividend?
Price dropping to a very attractive buying opportunity. Recent market update seemed quite bullish?
There is no definite answer to your last question because the price of sugar is driven by world events/politics.
Have a read of an article in The Guardian 19th Aug 2021 re, UK sugar production.
Just pray all those fields of sugar beet do not become solar panel plantations.
Hello
WORKED FOR THIS COMPAMY . IT WILL BOUNCE BACK BUT WILL BE A WHILE . PRIMARNI AND RETAIL IS CHANGING AND PEOPLES THINKING ON CHEAP IMPORTED CLOTHES , IS CHANGING .
BUT THERE REALLY ALL ABOUT FOOD , WHICH THERE GOOD AT ... THEY WILL BUY WHATS REQUIRED , AND INVEST . QWNED BY A WEATHY FAMILY .WHO ARE VERY SAVVY . GOOD LUCK
Good to see final div20.5 on 14th plus a special 13.8 on same date
ABF Richard Leonard's been buying.
PIWORLD interview at 49m33s and earlier mention too. Not much detail.
Https://www.piworld.co.uk/education-videos/piworld-interview-with-richard-leonard-winners-and-losers-of-20
Hi guys, if I understand correctly, sugar has been a major part of ABF’s performance, and sugar’s low price over the last 5 years has been a major drag on its performance/ share price. It appears the price of sugar has returned to levels last seen 5 years ago. Fair to say that should have a significant positive impact on profitability? Or is this part of the business relatively minor?
Thanks for your input.
I don't think lockdown will occur, people have had enough...you can recover in most cases within 5 days, if it spreads fast then it will most likely spike fast and people can carry on. Exception is if strict lockdown came in...Primark stores trading above last year, I think it will do well, they should enter ecommerce though to protect the business moving forward...I wouldn't underestimate ABF it is well diversified, shares go up and down, it is well structured to benefit from brexit.
Boo would be considered on cheap side of the spectrum, Primark on the tat side. With masks and lockdown looming can only see Primark sales declining like the abf share price over past 6 years.
Did anyone attend the agm yesterday? Any comments?
Not sure why the price drop, I think busy will continue as normal in run up to Xmas.
Unfortunately I have seen a much quieter high street too, weather does not help along with most youngsters refusing to wear face masks whilst coughing all over the Primark store.
you must have gone to a primark store in a parallel universe, my experience on weekend was completely different at a primemark store, 12 out 13 tills in use, with long queues.
Was made to go Xmas shopping this weekend. Never seen the place (one of UK's largest indoor shopping centres) so empty. It was depressing. Primark staff outnumbered shoppers 2 to 1 and other retail and hospitality the same. In the grotto the Santas outnumbered the kids when in past years there'd be a long queue. Lots of boarded up shops and the usual Christmas stalls were mostly shut. This is three weekends before Xmas when the place is usually heaving. Very strange.
Just in the Redditch store and it was rammed at 11:00am with a queue for the fully staffed tills ... wonderful to see.
They've got an impressive range of businesses - https://www.abf.co.uk/about_us/our_group/our_businesses
LOL pretty rich coming from a BooHoo support
Good day for throwaway cheap tat imported from halfway across the world. Dead tat bounce. SELL.
The Bluewater store is jammed all day. I suspect the flagship stores such as these make the money more so than the high street outlets.
Undervalued stock with a special dividend.
Lovely jubbly.
They are food, despite what the World throws up, they are food. And it will get on the shelves
You haven't been to my local high street then. Since lockdown was lifted the area has become progressively busier despite the absence of foreign tourists. Primark is also packed with teens and early twenties buying multiple items
Of course brand snobs are welcome to pay 3 or 4 times as much along with other fashion victims!!