From £6.99 per month
ShareProphets
The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares

MINDING THE LSE’S BUSINESS

Join for as low as £6.99 per month

With ShareProphets’ membership, you receive:

• All premium articles

• Tom Winnifrith’s Bearcast

• Access to all the entire nearly 10 year archive

• ShareProphets Daily Newsletter

Latest Views & News

Until Associated British Foods spins-off Primark it is going to remain an avoid for me

By Chris Bailey | Tuesday 26 April 2022


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Back in September last year I asked the question “is Associated British Foods (ABF) cheap or boring?”. My answer back then was the latter and since then the stock has fallen a further 15% to a share price level last seen in late 2012. So should we buy shares in the diversified international food, ingredients and retail (including Primark) group following its 24 weeks ended 5th March 2022 numbers out earlier today?

Premium content is for paid subscribers only
ShareProphets is reader-supported journalism

Become a member starting at £6.99 per month for all articles, the Bearcast, and our seven year archive.


Filed under:



Subscribe to our newsletter

Daily digest of our latest stories.



Search ShareProphets

Market News

Complete Coverage

Recent Comments

That Was the Week that Was

 

PRV

A pleasing update from Porvair

 

ICON

Iconic Labs – its alive!

Wednesday »

Bearcast

Tom Winnifrith Bearcast: Family tales

 

SHG

Shanta Gold – a recovery BUY!

 

MUSH

Oscillate RTO – madness

 

MOON

Surely Moonpig is a short at 171p?

 

Atomic

Video: The Road to an Energy Crisis

 

Bear

Beyond Meat is Beyond Redemption.

Friday »

Bearcast

Tom Winnifrith bearcast: Madness!