item club
09 May 2018
Well over sold !Fabulous buying opportunity.
item club
09 May 2018
Well over sold !Fabulous buying opportunity.
item club
09 May 2018
Well over sold !Fabulous buying opportunity.
item club
09 May 2018
Well over sold !Fabulous buying opportunity.
malkis
09 May 2018
Re: drop today Well I certainly took a hit today (cant even blame Trump) still Ive bought more and am convinced they will be alright L/T . Warm Regards Malkis
petethenovice
09 May 2018
Re: drop today Just bought some and will buy again if its stays this low..lets hopeDont see weatherspoons of macdonalds as direct competition.. On service area greggs much cheaper and always full.
gamesinvestor
09 May 2018
Re: drop today [link] statements implies management are not anticipating any growth in profits this year, and they have some catching up to do in the second half, although May looks positive so far.Like for like sales have only grown 1.3% compared to 3.5% same time last year, so the punters have either run low on funds, or they are buying their bacon sandwiches from McDonald's or eating Wetherspoons breakfasts.Games -- P/E is getting lower though -- a good buy below 900p perhaps?
petethenovice
09 May 2018
drop today Any ideas why the drop?? RNS did not look that bad.. Buying opportunity??
ignateus ignoramus
01 Mar 2018
Super Stock Greggs briefly returned to it's Super Stock status on Stockopedia on Wednesday. That is a sort of 'all the stars are aligned' sort of cue to future performance.The Company passed the more than 1/3 of stores being off the High Steet milestone.Greggs had 54.5m pounds sterling in cash and equivalents at the year end.Contracts have been exchanged [following the end of the year] for the sale of the former Twickenham bakery for residential development.The Board visited Northern Ireland during 2017 to see the progress being made and the opportunities that abound.The Balanced Choice range now has sales in excess of 100m pounds sterling per year.There were 202 franchises as of the end of 2017, and there are plans for the addition of between 20 and 40 further franchise units in 2018. In addition Devon now has it's first Greggs unit.Net 90 new units opened and 132 shops refurbished. The rewards/loyalty scheme goes from strength to strength, and 6m free primary school breakfasts were provided by Greggs, in association with it's 80 partners, in 465 schools in 2017.The strong buy is for the long term as ever.
ignateus ignoramus
27 Feb 2018
4.5 per cent share of Fast Food According to the FT last Saturday Greggs had a 4.5 per cent share of the Fast Food marke as of 2016.To me that just shows how much more there is out there for Greggs to take aim at, and Greggs are going to be opening between 110 and 130 new outlets this year, so they are firmly 'on the case'.There is a lot to play for and the results out today show that Greggs is right up for the challenge. With 2018 being the year of peak capital investment, shareholders can expect ever growing returns via ordinary and special dividends from 2019 onwards.The emphasis in the results on the new product range and especially the HOT Food and HOT drinks, points stongly towards the 'street food' concept that Greggs are trying out via a potential move into the evening section of the eating day.It is all to play for and if your with Greggs you will be on a winning team.The strong buy is for the long term as ever.
malkis
15 Feb 2018
LOOKING GOOD LONG TERM Broker Forecast - Berenberg issues a broker note on Greggs PLCStockMarketWire | Thu, 15th February 2018 - 08:20Berenberg today reaffirms its buy investment rating on Greggs PLC (LON:GRG) and raised its price target to 1450p (from 1350p). Warm Regards Malkis
ignateus ignoramus
07 Feb 2018
signs the competition is hurting We had Costa showing signs of hurting in that their LFL's were recently anything but impressive.Now we have reports from Sky that the sandwich chain Eat has called in KPMG to advise them with regard to closing a significant number of their approximately 100 units.I will not go as far as to call these two chains 'Zombies' - but there will be plenty of other much smaller chains that are really feeling it about now, having only survived because of ultra low interest rates, which are now only moving in the upward direction in the forseeable future. Only the fittest will survive the return to 'normal' levels of interest rates and the rising costs that are 'all around them'.The strong buy is for the long term as ever.
ignateus ignoramus
22 Jan 2018
The WOW Factor Now that the share price has stepped back from it's 14 pounds sterling high water mark a good entry point has arrived.House broker UBS has recently confirmed Greggs as a BUY with a target price of 14.50 up from 13.50 previously. It's pronouncements are usually regarded as being on the cautious side of events.There are now 200 franchised units, the earliest of which has now been refurbished/upgraded to the latest 'Food on the Go' format. That's a major milestone in more than one way.The Company has installed hot food cabinets in 100 stores in order to trial entry into the evening trade where Greggs has not been willing to tread in years gone by. The menu for the evening includes chicken goujons, potato wedges and pasta dishes. The extension of trading hours in selected stores, perhaps until 9pm to match the hours of the single [to date] 'Drive Thru', must therefore be highly likely, making more efficient use of parts of the rented estate.The balanced choice range of calorie controlled products has continued to sell well and it has been confirmed that it is likely that the Company will start selling Vegan sandwiches later this year.With all sorts of admin related and supply chain related initiatives 'coming up trumps' and long term relationships with partners such as Eurogarages progressing well, Greggs have upped the level of store openings this year from around 100 to the 110-130 level.There is plenty going on at Greggs and others like Costa appear to be feeling the heat.The Strong Buy is for the long term as ever.
ignateus ignoramus
15 Dec 2017
Re: Musings of the flaming ignorant Barclays Capital have entered the arena with an equal weighting and target price of 14.05 pounds sterling while initiating coverage.Investec Securities have increased their target price from 13.50 to 14.50 pounds sterling and advising a buy for Greggs, which in their recent review of the retail sector they describe as a 'steady eddy compounder'.The share price has now hovered around the 13.50 mark for longer than the previous two peaks in the last two years at around 13. It would appear to be getting itself established at this level before making the next leap early in the new year shortly after the next trading update in mid January. That will also be about the time when we should hopefully here more about a number of new drive thro' locations, and this could turbo charge the shares.The strong buy is for the long term as ever.
oldjoe1
07 Nov 2017
Re: GREGGS new Autumn Range...... GRG Greggs..........[link] home delivery pencilled in.
