Greencore Share Discussion Threads

[under the radar] 06/10/2020 13:44

BOR breaking out of triangle now and it’s up 19.7%

465mb of light sweet crude
No debt
Own 100% of acreage
BOD have skin in the game
Quick payback time
Under $35 a barrel costs
Could be a oil rim below Darwin
$2.5m enough to last 2 years
Mkt cap £3m
Potential 1mb total sourounding Darwin
Huge prospects on our acreage
Fairway play

Great news today about PMO merger for all Falkland companies.

Well worth tucking a few away imho


ATB and GL whatever you decide

[richtea2517] 22/9/2020 21:25

Nibbled a few too. Recovery slow burn play.

[gozo] 22/9/2020 20:45

There we go....after hours RNS from another non exec buying.£100k of stock (approx) bought in the last couple of sessions.

[gozo] 22/9/2020 14:55

More director buys to follow I would guess.

[jubberjim] 20/8/2020 09:41

Evidently Greencore have never heard of ethics
Avoid

[epo001] 13/8/2020 14:37

BBC today reporting covid found among workforce at Northampton

[1nf3rn0] 31/7/2020 17:21

Berenberg today affirmed it's buy rating with target of 200p.

[plumbertrade] 15/6/2020 09:21

Article in the Times yesterday. Mentioned Greencore and Adelie foods. The loss of Adelie means the additional business has to go somewhere....

[netcurtains] 27/5/2020 09:25

interestin..

[richtea2517] 14/5/2020 20:53

Told their Hedgie mates they would downgrade I imagine

[richtea2517] 14/5/2020 12:44

Little top up for me

[epo001] 14/5/2020 09:16

Any ideas about the 9% fall today?

Edit, now 12% - Jeffries downgrade to 165p on "weak sandwich market data". I see this as a buying opportunity.

[richtea2517] 03/4/2020 12:36

Yep bit bleak for a few weeks but medium term a good buy I reckon

[tallprawn] 02/4/2020 14:58

The read-across on today's news from BAKK doesn't look great for the sector in the near future.Retest of previous lows on the cards over the next couple of weeks?

[richtea2517] 31/3/2020 15:17

Interesting stock this

[sphere25] 26/3/2020 17:26

There we go much better. Stock has almost doubled off the lows. Crazy institutional fund manglers providing bargains.

I'm dumping into the spikes mind. Posted why on other recent posts.

Here's some analyst commentary:

Jefferies sees upside at Greencore

Markets are pricing in a ‘permanent crisis’ at Irish food group Greencore (GNC) but Jefferies believes the convenience foods producer can ‘weather the storm’.

Analyst Martin Deboo retained his ‘buy’ recommendation but reduced the target price from 295p to 235p.

Deboo cut earnings per share forecasts for 2020 by 44% but said the ‘equivalent fall in the shares suggests that the market is either pricing in a permanent crisis, a rights issue, or worse’.

However, he said ‘stress-testing suggests that Greencore can weather the storm’ and he remains ‘positive̵7; on the shares.

He added that he was ‘willing to look beyond full-year 2020 for valuation’ given the ‘resilience217; of the group, which ‘points to significant upside’.

[richard xii] 21/3/2020 20:37

Simon Coveney on Radio 4's PM said ready meal production had increased 50% to supply panic buying.

[sphere25] 19/3/2020 13:16

Large buyers in the market today. Dare we suggest there is some sense and rational thought coming back into the market - surely not!

You'd have thought this stock would rally back alot higher in this day.

[epo001] 02/3/2020 16:25

Irish withholding tax rate on dividends went up to 25% on 1/1/2020.

[richtea2517] 17/12/2019 14:47

Had a very nice run. Profit taking today.

[epo001] 27/11/2019 11:13

Just a request for clarification because I think I had it wrong in my spreadsheet.

Although an Irish company, GNC declare their dividends in UK pence but that amount is subject to a 20% withholding tax.

Just to ask again, has anyone attempted to reclaim this tax?

[richtea2517] 26/11/2019 18:20

Bought on the drop