AB Foods reports results on Thurs, 17 Jan

• AB Foods last reported on 7 Dec: Trading Update
• The shares traded a 97p or 4.1% range
• Shares -22.8% from 2018 highs; +11.5% from 2018 lows; +8.6% year-to-date.
• Currently 2218p (at time of writing).
•  FY Results on Thurs, 17 Jan. Will we see another big move?
• 3 Jan: RBC says Next Christmas sales cheer bodes well for rivals
• 7 Dec: AB Foods expects Primark profit growth, even after challenging Nov
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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Trading AB Foods – An Example

Let’s say you think that AB Foods results are likely to be good, and the share price is likely to rise. You decide to buy exposure to £10,000 worth of AB Foods using CFDs, at the current price of 2218p. To do this, you need £2,000.

For the purpose of this example, let’s assume AB Foods reports strong results and the shares rise 10%. Your profit would be £1,000, from your initial investment of £2,000.

Conversely, let’s assume you open the position, and place a stop-loss 5% below the current price. AB Foods results miss, it falls 5% and hits your stop-loss. Your loss would be £500.

This is provided for information purposes only. It should not be taken as a recommendation.