zulu principle2
13 Jan 2015
Trading Statement Superb trading update. I think this was the third trading statement saying "full year results above previous expectations" since I have been following this share 6 months ago.I bought more today at £7.95
oldjoe1
07 Jan 2015
Re: GRG.............. Trading Update GRG Greggs On the verge of a breakout from the short term range and a new high. Results on the 13th next week.[link]
zulu principle2
15 Dec 2014
Re: GRG.............. Trading Update Doubled my holding today at £6.82From the things I look for in a share this misses quite a few and I would not normally buy.However I like the continual upgrades4 years of continual growth which can be a combination of historic and forecast growth – No 2015 Growth low and PEG very highLow Forecast PER (<16) & PEG (<0.7) and good EPS Growth (>15%) – No 2 Forecast onlyBased on a price of £6.75p on 15th Dec-142014 EPS Forecast 40.00p EPS Growth 18.0% PER 16.4 PEG 0.91 2015 EPS Forecast 41.90p EPS Growth 4.8% PER 15.7 PEG 3.30Positive 1 Year Relative Strength - YesPositive 1 Month Relative Strength - YesROCE of 20% - No 18%Profit Margin of over 7.5% - No 5.8%Cashflow Per Share greater than EPS around 1.3 - Yes 2Low Gearing – Yes -9%Director Share holding >10% - No 1%Quick ratio of > 1.0 but preferably >1.5 – No 0.6Dividend Yield (a nice to have) forecast – Yes15th Sept - Trading Statement at £6.13"materially ahead of our previous expectation."15th Dec – Trading Statement at £6.82"LFL performance is ahead of expectations"See what I look for when buying a stock at[link] follow me on Twitter@GrowthStocksUK
oldjoe1
15 Dec 2014
GRG.............. Trading Update 15 December 2014 GREGGS plcTRADING UPDATEFOR THE 24 WEEKS TO 13 DECEMBER 2014 Greggs is the leading bakery food-on-the-go retailer in the UK,with almost 1,700 retail outlets throughout the country Continued strong performance in the second half to date · Own shop like-for-like sales up 5.2% for the 24 weeks to 13 December (2013: 0.7%)· Year to date own shop like-for-like sales up 4.2% (same period 2013: 1.1% decline)· Total sales growth 3.6% year to date (2013: 3.7%)· LFL performance ahead of expectations, particularly given comparison with strong Q4 2013· Customers continue to respond well to products, value, service and investment in shops· Favourable trading environment with weather generally helpful· Now anticipate full year profits for the 53 weeks* to 3 January 2015 to be ahead of analysts' expectations * anticipated negative profit impact of 53rd week circa £1.3m compared with a 52 week year Chief Executive Roger Whiteside comments: "The strong performance that we reported in our September IMS has continued. Trading conditions have remained helpful but there is no doubt that customers are also responding to improvements in our product and service offer and to the investment we are making in the shop environment. "Whilst there is still much to play for over the final few weeks of the year we currently anticipate that full year profits will be ahead of analysts' expectations. We expect to make a further update on trading over the Christmas period in early January." ENQUIRIES:Greggs plcHudson SandlerRoger Whiteside, Chief ExecutiveWendy BakerRichard Hutton, Finance DirectorTel: 020 7796 4133Tel
191 281 7721
Warren Buffoon
12 Dec 2014
Done me proud Well, sad to say I've sold my Greggs shares. They've done me proud. Nearly doubled since buying them in the summer.Where they'll go next is anybody's guess so I'll take my stake off the table today.My next purchase won't be retail. The whole sector seems to be in turmoil.Maybe I'll try miners or banks (What!!! . . . . I hear you cry)
numberbiter
08 Dec 2014
Re: Odd price action The key is 'how short'? If I were you I would be tempted to close at least part of my bet at a loss. I agree this one appears too high, but since when did the market ever apply any financial logic?
ignateus ignoramus
03 Dec 2014
Re-entering FTSE 250 Greggs has been confirmed as re-entering the FTSE 250 index with effect from Monday 22 December.Another positive boost for the share price as tracker funds will have to 'stock up' on Greggs shares. Anyone holding a short position in Greggs - few and far between though they are - will not being feeling to happy about their inclusion in the index within a short time frame.The strong buy is for the long term as ever.
