Greencore Share Discussion Threads

[lbo] 17/11/2010 09:39

They have hoisted the white flag to Northern Foods. Pity no cash buyers emerged for Greencore itself!

[lbo] 11/11/2010 08:20

Greencore sugar plant closure unnecessary

[lbo] 11/11/2010 08:18

THE CLOSURE of the Mallow sugar factory, Ireland's last, was needless because the business was profitable at the time, EU auditors have found.

Some 320 workers lost their jobs when Greencore shut the plant in 2006 under a European Commission scheme to eliminate unprofitable sugar production.

[lochgarman] 09/11/2010 12:45

wooly.i am invested about 2 years now..my average buy is 1.10 or so.

with that free cashflow the share price is totally bonkers. The market will wake up one of these days. I have some pfd also but lost my shirt there.

The cash and profits to come will lift this share price!dont you worry :-)

[lochgarman] 03/11/2010 13:51

woolyback..i wouldnt waste my time posting to lbo. Are you invested here?

What a totally daft shareprice at the moment!

[woolyback2] 02/11/2010 01:43

LBO...

I have read your posts and can only conclude that you must be either a disgruntled ex-employee or a jealous competitor ??

Greencore are one of the strongest own label convenience food manufacturers in the UK market... I am astonished that you expend so much effort trying to deramp this stock on a BB ?????

Who or what upsets you so much regarding this company ?

Suggest maybe you invest in Uniq or Premier or Bakkavor ... they are all real diamonds if you are looking for negative vibes to vent in this sector !

[lbo] 23/9/2010 13:33

Euro rise above 85p hurts exporters here

[lbo] 17/8/2010 18:54

With US sales growth falling and them saying they expect sales growth in 2011 not to match 2010, I wonder how safe that divi is when net debt is over £190m?

[lochgarman] 05/7/2010 21:11

mrphil..my thoughts are that greencore at these market prices in very much undervalued.

[mrphil] 09/6/2010 10:58

Just looking in as the divi caught my eye. Doesn't seem to be much happening around here, any thoughts?

[lbo] 06/5/2010 21:46

DAVID DILGER invested €500,000 of his pension fund in loan notes issued by the Dublin Airport Authority (DAA) almost a year before he became chairman of the State-owned company on May 22nd, 2009.

This emerges in the DAA's 2009 annual report, which was published last week.

[lbo] 24/3/2010 09:25

A second former official of AngloIrish Bank has been arrested by gardai probing irregularities at the bank.

Believed to be former finance director and chief risk officer William McAteer, he was arrested at in a swoop at half past six this morning.

He is being held at Irishtown garda station in Dublin under section 4 of the Criminal Justice(Theft and Fraud Offences) Act.

His arrest follows that last week of his former boss Sean FitzPatrick




AIM-listed Finsbury, which claims to be the second-largest participant in the UK cake sector, reports a decline of 8pc in like-for-like sales in its cake division in the first half of the year. Finsbury is a category competitor of Greencore, whose shares edged down 1c to E1.33.

[lbo] 18/3/2010 23:20

If you lie down with dogs you are bound to pick up fleas! And guess who have been buying Greencore shares! Gartmore Irish growth fund no less!

Former Anglo Irish Bank chief Seán FitzPatrick under arrest



FitzPatrick also resigned in December 2008, from the boards of Smurfit Kappa, Aer Lingus, food group Greencore and investor, Gartmore Irish Growth Fund.

[mawallace] 17/3/2010 09:20

I see that Greencore Group Plc have notifed of an interest in the company shares?
a. Is it a acqustion or disposal? and

b. What is a company which is a convienvce food business doing buting shares in Allied Irish banks?

[lbo] 27/2/2010 16:56

Greencore fights to keep contracts





A troubled food factory will concentrate on keeping existing contracts after revealing the loss of one could lead to 260 job cuts.

Greencore Cakes and Desserts announced last week that 100 jobs may go at its east Hull site.

But on Thursday workers were told the figure could rise to 260 – or a third of the workforce – in the worse case scenario.

It comes after the company, which has customers including Morrisons, Sainsbury's and Iceland, lost a £4m contract with a retail giant.

The Mail understands the lost contract forms only part of a wider deal, leaving fears the customer could terminate the rest of the contract.

[lbo] 22/2/2010 23:02

Greencore in court over fatal accident

[lbo] 09/2/2010 14:07

THE sale of Greencore Malt to the Soufflet group of France has stalled and the €120 million deal isunderstood to have collapsed.

[lbo] 29/1/2010 20:51

Carroll used portion of his pension fund to prop up empire

[lbo] 21/1/2010 20:18

And I repeat....Take it up with NCB! LOL

Margings in the sector under pressue



Greencore € 1.37 HOLD

Updates from Northern and Premier confirm sales growing
but margins weaker

[lochgarman] 21/1/2010 12:33

i repeat..LBO..if you actually read greencores annual report or knew anything about the company, the margins for gnc have in fact increased.

[lbo] 19/1/2010 21:45

LOL

Take it up with NCB!

The updates from Greencore's UK peers and the Delhaize food retailer highlight the
competitive market environment facing food manufacturers like Greencore. While our forecasts assume that Greencore will grow its convenience food sales in the UK by 2% in the current year and maintain margins at last year's level, the potential for significant outperformance is limited given the demand from retailers for continual strong promotional special offers and the fact that some key agri input costs have begun to increase from their 2008 lows. We remain cautious on the stock.

[lochgarman] 18/1/2010 21:59

LBO..if you actually read greencores annual report or knew anything about the company, the margins for gnc have in fact increased.