Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth Watch the video here.
An alternative viewpoint could be that if the number of Primark competitors has decreased this surely then strengthens ABF’s long term position and growth if it can be successful?
Better to be top dog on the High St than be in an on line dog eat dog fight over margins?
No one disputes the big challenges ahead for the High St but any outfit which can adapt successfully will be in a dominant position.
Risk v reward on this one, if ABF get it right then there’s plenty of upside in the share price to be had.
If I’m wrong then so be it.
Pre close trading update Sept 9th.
I have to say, based on the current sp and looking at the dividend I’m tempted to open a position here.
I already hold LGEN, AV and PHNX.
I know they all operate in different fields of insurance, investments and pensions but they would all fall under the umbrella term of “Financial.”
If the sp is to be depressed by any II sell off in any form then it’s nothing to be overly concerned with if you’re not looking to access the funds in a hurry.
I topped up last week on the drop and have my limit purchase set at 595p for a LTH for the divi.
The company are selling its medical division for £1.7B but the following paragraph on the RNS seems to have gone unnoticed:
The Smiths board (the "Board") proposes a significant return of capital to shareholders following the successful completion of the Proposed Transaction.
Remember when RMG was in the doldrums because “snail mail” was dead?
Yes, the company benefited from the rise in online shopping but there’s always innovation and opportunity around the corner for those willing to think differently.
TJX Cos on Wednesday beat market estimates for quarterly net sales, as the easing of Covid-19 curbs prompted Americans to return to brick-and-mortar stores ahead of the reopening of schools.
Net sales rose to $12.08 billion from $6.67 billion a year earlier.
Couple of links to the company’s website relating to today’s update:
https://www.thephoenixgroup.com/sites/phoenix-group/files/phoenix-group/investors/results-reports-presentations/reports-and-presentation/2021/Phoenix%20Group%20HY21%20Results%20Presentation%20FINAL.pdf
https://www.thephoenixgroup.com/sites/phoenix-group/files/phoenix-group/investors/results-reports-presentations/reports-and-presentation/2021/Phoenix%20Group%202021%20Interim%20Financial%20Report%20FINAL.pdf