Greencore Share Discussion Threads

[richtea2517] 10/12/2024 11:08

Yeah but this is a good business so worth the pragmatism

[blackhorse23] 10/12/2024 10:09

Dividend too low here , lower than some AIM company eg share price here 205 & dividends 2p , AIM company GATC share price 83p but upcoming dividends 2.5p ,

[richtea2517] 09/12/2024 14:43

Don't forget to run your winners : )

[richtea2517] 05/12/2024 14:56

Retrace and back up ?The presentation is impressive - they are pretty confident

[epo001] 03/12/2024 13:44

It has been a while but don't forget the Irish 25% witholding tax.

[martinmc123] 03/12/2024 10:35

4*
Greencore Group, the FTSE 250 leading manufacturer of convenience food in the UK, posted FY results for the period ended 27 September 2024, reporting a stronger than expected performance and a positive outlook as the Group enters FY25. Group revenue was actually down 5.6% to £1807.1m, but like for like revenue growth was up 3.4% yoy. Meanwhile the continued delivery of "Horizon 2" has resulted in an accelerated profit recovery. Adjusted Operating Profit was £97.5m in FY24, up 27.8%, with +140bps of margin improvement to 5.4% while PBT...from WealthOracle

wealthoracle.co.uk/detailed-result-full/GNC/1046

[richtea2517] 03/12/2024 10:20

YepGot a boat load so today is a good day indeed

[kelso29] 03/12/2024 09:47

Happy days Richtea.
I can't believe that there are more buybacks, but if the share price keeps going up, then bring them on!

[richtea2517] 03/12/2024 07:31

Good work Kelso

[kelso29] 02/12/2024 21:25

I'm guessing that adjusted operated profit will be slightly above the company's projected 95m-97m range. The year end dividend will be 2.2p (ie 50m to be returned to shareholders less the 40m already done via buybacks).
SP will go back over 200p.
Soon find out.

[richtea2517] 02/12/2024 16:25

What will tomorrow bring?

[kelso29] 26/11/2024 19:35

Two more declared shorts have joined the party, we now have 3 totaling 1.64%.
Year end results are announced next Tuesday, if the year end dividend is big I think the shorts will struggle.

[richtea2517] 20/11/2024 16:38

Saw that Will they be closing that before the update in two weeks Am thinking one last launch back to 220p and then slow grind for 2025

[kelso29] 18/11/2024 22:20

We now have one declared short (ie over the 0.5% reporting threshold), at 0.50% on Friday. This probably explains the share price weakness in the last week or so.

[richtea2517] 15/11/2024 13:26

Finger poised now

[richtea2517] 01/11/2024 13:19

Buy op coming

[kelso29] 18/10/2024 10:53

Broker update:
Deutsche bank raises from Sell to Hold, price target to 195p(130p).
Someone else who wants to buy them cheaper?

[richtea2517] 17/10/2024 13:47

The latterMay test 2 again But 2.50 soon enough imo - DYOR

[kelso29] 16/10/2024 21:00

Broker update:
Barclays raises price target to 185p(160p) - equal weight.
Either they think the share price is ahead of itself or they have a client who wants to buy them cheaper.

[kelso29] 15/10/2024 13:53

Looks like Marshall Wace are buying back some shares today lol

[richtea2517] 15/10/2024 10:32

Still a buy for me

[forethought] 14/10/2024 13:02

Is that a question?

[blackhorse23] 14/10/2024 09:09

Buy back finished

[kelso29] 11/10/2024 21:41

Spare a thought for our last Shorter, Marshall Wace who were at 0.60%. They reduced to 0.53% on 8/10 and reduced again to 0.46% on 10/10 (they are now below the reporting threshold of 0.50%). They still need to buyback over 2m shares to completely close their short position. Should help the share price rise a bit more!