Greencore Share Discussion Threads

[blackhorse23] 28/11/2023 22:29

https://www.rte.ie/news/business/2023/1128/1418852-greencore-reports-higher-revenue-and-profits/

[blackhorse23] 28/11/2023 22:29

Dividend will come next H1 financial results, this year they have invested £50 million to buy back shares which is a good idea & next year we will get more dividends

[richtea2517] 28/11/2023 13:07

Maybe. Not sure. Seen no rumours on this. I'll settle for 2.50As takeover price : )Otherwise I'm happy with progress and think divi will come next year

[kelso29] 28/11/2023 12:55

The remaining buyback is actually about 10.5m. Yes, I also think the buybacks will get us back over 100p in the next few weeks.
Does anyone else think that the BOD are preparing this company for it to be taken over? Eg streamlining the business, no dividends.

[blackhorse23] 28/11/2023 11:40

They have another 12m pounds left to share buy back which is very good

[forethought] 28/11/2023 11:38

Never doubted it. It has helped to bring it this far. I think someone else has possibly.got the wrong end of the stick.

[blackhorse23] 28/11/2023 11:11

15m pounds Share buy back will push up again

[richtea2517] 28/11/2023 09:10

Business transformed - slow game. Weak holders exiting. See ya.

[forethought] 28/11/2023 09:06

Selling the news. We're folk really expecting the reintroduction of a dividend during the buyback?

[blackhorse23] 28/11/2023 07:52

Excellent results & 50 million pound return to shareholders 15 million pound buyback still on going. Great future outlook

[kelso29] 28/11/2023 07:22

Great results.
Operating profit, net debt and EPS all better than what analyst expected and all at top end of the trading Update.
However no mention of dividends, so I'm expecting a slight upturn in the SP(a big increase in share price and we are back in the FTSE250).

[blackhorse23] 23/11/2023 23:37

150p is coming

[richtea2517] 23/11/2023 19:55

Nice close today

[blackhorse23] 17/11/2023 10:50

150p is coming

[blackhorse23] 15/11/2023 09:57

Another 12 m pounds buy back still need to be completed, so once finish share price will be over 150p

[blackhorse23] 15/11/2023 08:23

Inflation down & profits will be double in here

[deanowls] 09/11/2023 17:52

It’ll react positively to the m+s results.

[blackhorse23] 09/11/2023 14:18

New dividend announcement on 28th , will be another hike

[richtea2517] 08/11/2023 16:45

Nice move today

[richtea2517] 27/10/2023 08:34

Little top up here target 120

[blackhorse23] 16/10/2023 10:51

100p by Friday

[kelso29] 15/10/2023 05:30

Well that was a great week, up nearly 20p. (Alternatively the share price is back to where it was 2 months ago, before the slide back for some unknown reason?)
Next week we should push into the 90's.
Companies do buybacks when they consider that the share price is significantly below the companies true value, in greencores case the buybacks first started on 26 July 2022 the share price was 107p, so there is plenty more upside here.
If the company could get the first half of the year as profitable as the second half then the share price should go back to pre Covid levels eg 270p.

[richtea2517] 13/10/2023 16:16

Sweet rise into the close

[blackhorse23] 13/10/2023 14:07

Bought some today