Associated British Foods plc (ASBFF)

As I work in this company I know they are doing quite well..way oversold here...time to jump in an finger's crossed. I trust Jamie Phillips on what he updated the company recently!

As the UK comes out of COVID lockdown, economic factors will drive necessity purchases not luxury purchases from consumers. Budget brands like Primark set to do well in this climate.

Clearly this is undervalued on the back of the current lockdown. Once it’s clear the products will continue to sell this will bounce to $1800+

Watch list. If sugar price goes up after very long downturn and people flock to discount retailers after this pandemic is over this should do well.

Checkout the queuing at Primark in Bristol on the LBC twitter feed ! Pent up demand on crack 😂

asbfy price getting interesting as it appears primark is about to take off in US and is still providing strong numbers in Europe.

have you guys seen Helium One (He1) ??? they are drilling in 4 weeks the largest helium deposit on the Planet ? Sp has been rising nonstop for weeks ????

Primary sales sending this buy now

Compared to Nestle, this is a #$%$

Strong trading update

ABF.L reached a 52 Week low at $2114.00

ABF.L reached a 52 Week low at $2139.00

ABF.L reached a 52 Week low at $2020.00

Primark*

WHAT'S HAPPENING IN ABF..??

disappointing. I'm going to exit at next opportunity