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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Associated British Foods - Primark driving expansion

July 2002

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

Back in February 2000, Associated British Foods  found its shares languishing in the mire at a then five year low of 332p; anotherold economy victim of the dot com go go days. Since then, the shares have  made a storming recovery, rising 79% to the current 600p. Much of this has come from the realisation that the group has a collection of high quality assets and brands capable of weathering eventhe stormiest weather. Many of us probably don't realisethe dominant role  that Associated British Foods plays in ourlives. For example it owns British Sugar, which purchases over 20% ofUK farmers' sugar beet production, while  its highest profilebrands include familiar names like Ryvita biscuits, Kingsmill&nb ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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