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Started: Hedgehog100, 6 Feb 2024 16:27
Last post: HumpyDumpy, 23 Apr 2024 12:06
I still don't get this listing location malarky. If the FTSE is so undervalued surely it is just a matter of time until this is taken on board by the wider market and people will start buying. Isn't this what is already happening? Things go in cycles. Is it not just our turn now (even if we don't ever reach the heady heights of the US market)?
Shows how much FTSE is undervalued, if Primark is separated and listed in US, it alone will be valued at the current valuation of ABF
NWT's other subsidiary to Safetell, Grosvenor Technology (branded as GT Clocks in America), is reported to be assisting Primark's American expansion:-
provest2013 Posts: 1 Price: 68.00 Strong Buy
Real growth drivers 18 Dec 2023 10:51
"Surely the biggest near term growth driver will come from the rollout of Primark stores in the US? 8 new stores this year and 60 by 2026, GT clocks etc should be added at each of these shops. ..."
https://www.lse.co.uk/ShareChat.html?ShareTicker=NWT&share=Newmark-Security&thread=5F9311DE-80BA-423A-8073-D83E3517A15D
Grosvenor Technology's 'USA website':-
"Your people. Their data. We help you manage both."
https://gtclocks.com/
Started: dab808, 23 Apr 2024 08:41
Last post: HumpyDumpy, 23 Apr 2024 08:46
Love this share!!!
A shame more aren't invested here. Food and clothing. Lovely margins right now 😀
Started: stargate, 27 Mar 2024 10:31
Last post: stargate, 5 Apr 2024 15:35
Market is weak today, and ABF, has fallen below low, of 2/4/23. Look for sp, support, around 2390, where there was a previous price peak. Also the 20 day moving average, in the same area of 2390, is expected to give extra support.
Two daily three bar pivots, beginning 7/3/24 and second higher pivot 19/3/24, confirm trend is up.
New high today, will be bullish breakout, if close remains above 2485.
Volatility based Bollinger bands are separating indicating increased volatility. The upper Bollinger band which is rising , indicates the direction of the uptrend. The lower Bollinger band which is currently falling, may at some point begin to rise in the same direction as the upper band, which would then indicate reduced volatility, and a possible retracement.
The sector chart is making a new high, and is also above its calendar month 1/3/24, time pivot , so bullish. DYOR.
Started: Hedgehog100, 6 Feb 2024 15:34
Last post: Hedgehog100, 6 Feb 2024 15:34
From the website of Safetell, a subsidiary of AIM-listed Newmark Security (NWT):-
"Retail Crime in the UK – and How To Address It
01 February, 2024
Shop theft has reached record highs in the retail sector, with nearly half of retailers claiming that theft has increased dramatically in the past year. According to reports, organised crime syndicates target retailers, shoplifting or stealing high-value goods to resell elsewhere. This harrowing trend puts staff and customers at risk. ..."
https://www.safetell.co.uk/insights/retail-crime-in-the-uk-and-how-to-address-it/
Started: Notmyjob, 7 Jun 2023 17:10
Last post: bistolover, 1 Dec 2023 11:45
You can always follow a more informative handle on twitter/ X @abfinvestor. He/SHE always replies and engages with followers
Yeah, I'm surprised, no comments until yours and only one a month ago before that. I think the better the stock the less comments there are! I will be looking for discussion boards with not discussions as a way to pick stocks in future!
Someone had to post here to say hurrah! Great results and a positive rise! So there, I've done it!
Surprised that ABF isn't followed here v much. You'd think it would be up there due to the cost of living squeeze.
Market liked the announcement of the purchase of National Milk Records.
https://www.nmr.co.uk/
Started: stargate, 8 Nov 2023 01:53
Last post: stargate, 8 Nov 2023 01:53
RSI(relative strength index) over 70, and so near historic RSI, highs, for overbought. Bollinger band volatility measure , bands are separating , meaning fast sp, movement. If lower Bollinger band , begins to turn up, retracement, in sp, is likely, and so opportunity for profit take. If RSI, falls to area of 50, and turns up, expect the retracement to end and uptrend to resume. At that point the position of the lower Bollinger band is no longer important . The upper Bollinger band will generally move upward in the sp, uptrend.
Started: Notmyjob, 4 Jun 2023 10:39
Last post: Notmyjob, 4 Jun 2023 10:39
26th June.
Last post: Notmyjob, 21 May 2023 16:34
Sunday afternoon: Had a stroll into my local Primark which is in one of the shire capitals in the midlands.
The store was busy and looked fantastic.
Picked up 3 pairs of chinos for £9 each and some light summer shirts for work, also £9 each.
Absolute bargain.
I was in the Bristol Primark yesterday (Saturday) and it was heaving, wondered if anyone else has seen similar in your town/city?
Last post: SprintRS, 25 Apr 2023 08:26
Operating profit only down 3% you'd think ABFs input costs to still be raging so good cost control in place
Nice to see the company grow the interim dividend by 3%.
Lets see what tomorrow brings…
Started: SprintRS, 30 Mar 2023 12:01
Last post: SprintRS, 30 Mar 2023 12:01
Cripes, 12% pay rise for Primark staff...this is above inflation but I think we'll deserved especially for those near min wage I can't imagine how they survive
Started: AmatuerInvestor, 15 Mar 2023 16:52
Last post: AmatuerInvestor, 15 Mar 2023 16:52
Spread from the HSBC bank next door
Steady as she goes, I'm good with the daily tiny % point increases, am finally in profit by a couple of % after 24 months of being down on the deal
Started: pickedpeck, 24 Jan 2023 11:26
Last post: NBUSA, 2 Mar 2023 10:20
My personal view only - this is worth around £20-25 at present, somewhere in-between. Once Primark establishes it's International growth credentials and inflation stabilises I think you could well be right. It will take 12-24 months in my opinion to get up towards £30. It isn't going there overnight, just because it was back there a while back.
Worth at least £30 quid market not rating it sp
It's mystifying isn't it..what looks like excellent sales figures hasn't translated into a higher SP..I guess higher revenues mean nothing unless margins increase
It is great update. I am surprised though it hasn't reflected on SP. I guess it's general market sentiment or am I missing something.
Those are pretty hefty growth numbers in revenue, as inflation and input costs stabilise they will lead to increased margins. I admit I am surprised the food business is so positive, I expected Primark to continue to knock it out of the park but thought foods would be challenged.
happy to stay . good team and captain at the helm .
Started: AmatuerInvestor, 23 Jan 2023 09:56
Last post: AmatuerInvestor, 23 Jan 2023 09:56
Deutsche upgrade this morning and trading update tomorrow morning
good company , NOT RUN BY IDIOTS ,,,they always make money , if the divi was alot higher more would be interested. but they reinvest , im in .
Started: MakeSomeMoney, 3 Jan 2023 13:43
Last post: Brass0, 12 Jan 2023 08:44
With positive results out from all the supermarkets ( £12 billion + Xmas ) and the home cooking boom
and recession proofed primark what’s not to like
GLA
Trading update due on 24th Jan, looking to add more to my position before then. Out of all retailers Primark will be one that should benefit from the current climate. Healthy cash flow and very serviceable debt enables the company to weather any uncertainty to come this year.
Quiet on here. Thinking of buying some before Jan trading update. I think Primark will have hit decent numbers and battered retail in general may get a tick up this month. Worst case my short term pay may turn long term!
What are holders thoughts on trading and SP performance?
Started: Thronegames, 3 Dec 2022 16:00
Last post: Sailormoon, 14 Dec 2022 17:30
Yes the divi yield 2.7% is quite low but they are using the earnings to invest in newer stores and online technology for online sales. They are going for growth by investing in wider markets and new trends.
I believe Primark is approximately 50% of ABF at present. For me - the existence of the diverse food business provides great diversity.
I do not hold this share in my portfolio - yet! I'm a great believer in observing businesses that do well just by looking around me. Nokia and Microsoft i the early / mid 90's; Netflix in 2000. I spotted none of these of course! However I remember being in Penneys (aka Primark in Ireland) last year and there were up to 20 cash registers on the go. Mind you it was near Christmas. Then I'm told that Penneys in my location in Ireland have expanded into the upper floor of another shopping centre. I also hear about this being a very popular location for women's clothes. Now I read about the online sales initiative and expansion in UK. I am also intrigued by the idea that inflation may drive people to lower cost retailers. In short, I think Primark is a good investment. I have two reservations. Firstly, I don't know what % of ABF Primark comprises -maybe someone can help me here?. Secondly, the yield of 2.8% is low for me. Everything that I see seems to add up to a convincing case to buy this share. Any comments appreciated!
Started: Sailormoon, 14 Dec 2022 17:26
Last post: Sailormoon, 14 Dec 2022 17:26
I've recently been to Westfield London in Shepherd Bush on a Thursday for a day out. I saw quite a number of people having Primark bags but not other retailers. Okay some M&S. Westfield seems to be quite quiet as I was expected it to be a bit busier with people shopping for Xmas presents. Primark bags stood out from what I saw...
Started: bistolover, 8 Dec 2022 06:37
Last post: neilhumphreys5ya, 8 Dec 2022 12:52
Couldn’t be more phlegmatic. Waste of time.
I know you guys have a lot of questions and want to know the latest about ABF I suggest you follow @ABFInvestor on twitter where all these topics can be discussed or are already discussed for example "Goldman upgrade" has already been tweeted about and you can search "@abfinvestor Goldman" and engage on the thread, You can also ask questions about the company and the guy is most eager to respond. I find this views and information much better than on any of the forums on lse
Started: pickedpeck, 2 Dec 2022 09:09
Last post: HumpyDumpy, 2 Dec 2022 19:10
Nothing not to like here so far as I can see. About time these started to re rate. Bricks and mortar retail may be dead in places - but Primark is the clear exception and now with some online presence at last. The diversity and pricing power in the rest of their stable is the icing on the cake for me. Very comfortable holding these.
Regardless of what Goldman's think, this is a solid company with good wealth preservation charateristics. The family ownership stake and charity relationship mean they are unlikely to bet the bank on any one deal etc. It won't shoot the lights out or double in value in a year or two, but should provide solid returns over time. I liked this company for a while, but I didn't want to pay £30. Very happy to get in at around the £15/£16 mark. I think this will get back to £18-£20 in the next year or two. Then its all down to whether we grow / maintain margins etc post recession. I think these shares will be considerably higher in 5 years - I'm looking for around 8-10% per annum total return.
I don't know of these analysts keep their information back from private investors, but they always seem to be behind the curve. If this is really what they think and when they think it, PIs definitely have an advantage over them!
Goldmna Sachs switched from Sell to Neutral, price target from 1460 to 1900. Talk about poor timing, if you were following their advice you would have been selling into the rise until today. Predicting what has already happened isn't particularly valuable.
Started: RazorsEdge, 25 Nov 2022 12:17
Last post: RazorsEdge, 25 Nov 2022 12:17
Popular budget retailer Primark announced on Friday it will invest £140 million in its stores in the United Kingdom. The proposed capital will be spread over a two-year period, with the high street brand creating more store openings and about 850 new jobs.
Primark also opened a new click-and-collect online service last week, showing its ongoing commitment to its customers.
Founded in Dublin, Ireland, Primark is a subsidiary of Associated British Foods and has stores in the United States and Europe.
Baha Breaking News (BBN) / KB
Started: dab808, 9 Nov 2022 10:34
Last post: pickedpeck, 24 Nov 2022 08:50
Just a reminder - 16th Mar 2021 2464p , post pandemic. I see pretty much no reason once the inflation shock is priced in why this should not go to at least back there by March again.
All still understating it. Surprised someone hasn't broken ranks yet and gone with a 2000p + forecast. The results and the buy back surely imply a full recovery, if not to pre-pandemic levels then certainly to a price far higher than today.
Barclays raises AB Foods price target to 1,700 (1,500) pence - 'equal weight'
Deutsche Bank raises AB Foods target to 1,600 (1,575) pence - 'hold'
Goldman Sachs raises AB Foods price target to 1,420 (1,380) pence - 'sell'
Started: silentplatform, 8 Nov 2022 09:18
Last post: pickedpeck, 24 Nov 2022 08:44
Looks like all shorts now closed.
Share buy back will put pressure on Citadel to close their short.