The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
"The most important thing to watch is whether Primark grew shops, sales, profits, geographies in those 5 years and the resounding answer to that is yes."
All that good work yet the market still not convinced, what will happen when landlords start to put up rent, low rent not sustainable.
Deramping as you have not made one positive comment on Boo, hold no shares and number of posts are excessive, especially when share price drops surprisingly. Why you want to share your online retail "concerns" and promote bricks and mortar on boo chat forum i do not know, how you don't think it is deramping is showing how silly you really are.
Of course share price goes up and down and tbh my main holdings are held in my company pension (save on paying tax) so like you will top up if it goes much lower.
For ABF I don't need to deramp, share price trend will no doubt continue on downward trajectory,throwing more money down the drain in my opinion. I know you think online retail is failing though and high Street is booming, so good luck with that.
Just need kallu to answer why he feels the need to constantly"advise" all those on Boo chat forum that Primark is the be all end all (just look at his constant deramping posts) when he can not answer the simple question of why ABF is down over a third in past 5 years, lower every year, each year. Why would Boo shareholders move across when share price has more than doubled in the same period. Simple question, no answer as yet. I ask the question on Boo but he just ends up (avoiding the question) promoting ABF and deramping Boo so thought I'd get more joy asking in a forum he actually holds shares with! So kallu what has changed with ABF and boo to suggest a change is needed?
John Van Tam on BBC news mentioned pandemics will not be "the 100 year event" as seen over recent times with covid 19, swine and bird flu. Really need to push for online as closed Primark shops are not good for bottom line.
"This is what I love about Primark's strategy, it does not matter what macro or micro economic scenerio”
With more pandemics in past decade online presence is essential as store closures really hit the bottom line
Why has ii (institutional investors) not piled in
Still not answered why share price has dropped every year for past 5 years. What has changed to make this a buy now, how do I know I'm not catching a falling knife. Why has it not piled in at current price.
You're welcome, have asked some more as on ABF, have time on wet day to have some long debates as I know u like a long chat.
Still not explained why ABF is down every year for past 5 years, you may end up catching a falling knife. Concerned for you.
Primark relies on cheap clothing, could increase in freight costs be of any concern to their margins.
Why has the share price not recovered though could it be other areas of the business such as sugar tax? Seems to be more pandemics in past decade so hope click and collect can capture some Primark revenue when stores close
Let's talk sugar tax, lockdown 3 and why ABF is lower over 5 year period on ABF board. Note trend is evident each year not just post covid eg boo on uptrend before covid and abf on downtrend. Need to copy and paste on ABF board too.
Kallu, I'm concerned how lockdown 3 will affect ABF. Started a new thread on ABF chat as seems awfully quiet there. Hopefully can have a long debate on how sugar tax will also affect ABF in future. Keep stating 100 year event but that's looking at the past and pandemics are getting more frequent in last decade so future not looking good for ABF.
Concerned if lockdown 3 is on the horizon. Really should have online presence.
5 years and downward ABF share price, you are very sad and desperate. People on here would have done due diligence before investing, lots of effort on deaf ears. Better off cheerleading on ABF chatboard advising not to jump sinking ship.
And if you invest in shoe zone and card factory then you're the one on the roulette wheel, should put your pot kettle on black!!
Don't plan to change from Boo to ABF, defo not on your recommendation, why jump on a sinking ship (sinking past 5 years). If it is so obvious share price would usually go up, please do not respond on the basis you've been to your local Primark for a visual inspection on how busy it is there.....
Not a chartist but looking at past 5 days think the low point was near the £36.57 you've mentioned before rising to levels seen now.
Typical Kallu picking the period of time that suits his story. Thought you would have invested more than 5 years as you always harp on about long term, bla, bla...
What fundamentals, bricks and mortar, high st booming, have you not read news lately infections rising and it enough staff to operate physical stores....
Obviously trying to convince himself to hold Primark as no one here gives a tos#.
Must be hard seeing the share price drop a third in last 5 years, and how has Boo performed over that time!?..cue PP1...
Kallu why only share your concerns now when sp drops. Will remember to spam PFD board on next lockdown and Primark sales stop.