Associated British Foods Plc - ABF

[SmartDJay (Duncan)]

Allied British Foods - I think this would be a good addition to Freetrade, Everyone needs to eat Primark is also quite popular.

[anon810895]

It’s already on the app.

Associated British Foods though I think its listed as.

[SmartDJay (Duncan)]

Oops, didn’t realise it was Already listed, my apologies.

[rivorson]

I’m surprised there wasn’t a thread for this already. Though as popular as Primark is I don’t think many people realise it’s owned by ABF.

[anon810895]

Toby did a smashing review of ABF:

Primark, the high street mystery

I’ve been reflecting on a surprising quirk of the market recently. Often the brands we know best as consumers are owned by the companies we know the least. Case in point, Primark - they’re everywhere. Who owns them? Well, to borrow a line from every clickbait ad in 2014, the answer will shock you. Enter ABF It may sound like the restaurant Nigel Farage would open, but Associated British Foods (ABF) is a huge conglomerate which owns a lot of the UK’s favourite foods: Twinings, Dorset …

[Freetrade_Team]

And here’s @DavidK with the latest analysis:

Primark during the pandemic

Hi friends I know you’re probably all glued to your computer screens wondering who the next US president is going to be, but take 5 minutes to read our analysis on Primark owner Associated British Foods. They published their full year financial results yesterday and there was some interesting stuff in there, which can probably be summarised as, “yes things suck now but the long-term looks positive.” And if you enjoyed reading it, then sign-up to the Weekend Read and Market Snapshots he…

[acryliq]

From the most recent article:

Plus, as one of the few remaining members on the UK’s dwindling high-street, Primark’s likely going to benefit from the thinned out physical retail scene. The fat’s been trimmed, now that many former kingpins from Debenhams to Topshop have boarded up shop.

Is this an accurate assessment? The prevailing wisdom is that having a choice attracts shoppers. Will a lone Primark in a retail park surrounded by vacant units be enough of a draw to bring out the shoppers or will more of them just go straight to online where Primark stubbornly refuses to establish a presence?

[NeilB]

A couple of articles on earnings report and the special dividend

https://www.msn.com/en-gb/money/other/ab-foods-to-pay-special-dividend/ar-AAQu1y8

Prudential News Headlines. PRU Share News. Financial News Articles for...

[rmill21]

If i hold an ABF share, do I get this ‘special dividend’? Thanks

[NeilB]

Hi @rmill21 welcome to the community and great question.

I’ve started doing a weekly round up of what dividends are expected for the week ahead called Cash Taco, it’s probably worth touching in on a Tuesday when I upload that as it’ll be covered.

This weeks dividend information - The Cash Taco

[image]

The £ABF special dividend is 34.3p per share & you need to hold the shares until 16th December at least, this is ex-dividend date. You’ll get the money around 14th January 2022. You don’t need to do anything that else.

[NeilB]

How important is Primark to AB Foods?

[RumNCoke (Samantha Eaton)]

I’m interested but I’m more interested in the food retail side of the business rather then the Primark side of the business.