Greencore Share Discussion Threads

[epo001] 27/7/2021 14:31

Well there's a use of 'skillet' I'd never previously encountered. I was boggled at the idea of recyclable frying pans as it seemed a bit niche and peripheral to their main business activities.

[bluepeter1] 27/7/2021 10:07

Undervalued company

[buffettjnr] 27/7/2021 08:15

Not bad at all. We probably underestimate how tough business is during these WFH times

[kelso29] 27/7/2021 07:54

Yes, I thought the update was OK. A bit disappointed with the 3 week July figures, but maybe they were particularly strong in 2019.
However, debt is coming down, so I'm expecting the share price to break 130p today

[18bt] 27/7/2021 07:29

Reasonably encouraging and guidance raised. Fully recyclable packaging should prove popular if trial works.

[kelso29] 26/7/2021 13:25

I see on short tracker, we have 3 shorts totaling 1.95%. They have all increased their position in July, on 6th, 21st and 22nd. So they are expecting tomorrow's results to be bad or they are a hedging position or they are trying to keep the share price down. Find out later if shorts changed last Friday.
Nice increase so far today

[buffettjnr] 24/7/2021 10:59

Let’s hope. But hope isn’t an investment strategy.

What worries me is GNC’s management seem punchdrunk from the beating they have taken. They are terrible on conference calls

[richtea2517] 24/7/2021 10:29

Imagine the low is now in - but I've been wrong before.

[kelso29] 24/7/2021 09:02

Quarter update is on Tuesday, I'm guessing that sales will be flat for the 13 weeks ended 25 June compared to 2019 and 5% up for the 4 weeks ended 23 July, compared to 2019 (2020 is not a good comparison as it was decimated by Covid restrictions). Hopefully good enough to get the share price moving up!

[buffettjnr] 22/7/2021 09:44

The Pret index is looking spiffing to good. I don’t have any funds left after spending them this week but continue to live in hope on this one

[r600avo] 06/7/2021 15:32

Need the city workers to get back in the office to recover FTG But should be enough I. This to at least get back to £2

[buffettjnr] 06/7/2021 14:28

I’m long and wrong at the moment

[buffettjnr] 06/7/2021 14:28

That’s what I expect too.

[slinkyj] 06/7/2021 14:05

Surely it will be boomtime with this stock shortly? Staff will be promoted back to work very soon.

[buffettjnr] 20/6/2021 22:01

I think any company below £1bn is a clear take over target

[buffettjnr] 20/6/2021 22:00

Thank you. Sounds an interesting idea. Opening up on 19 July (T’s & C’s). Big opportunity to return to more normality.

[r600avo] 20/6/2021 21:36

Just an inability to manage the city with the new cfo. A solid company, massively impacted by Covid restriction impact on their FTG and hospitality business. Once stabilised this share price will increase significantly. Hold IMVAlso at this share price a potential buy out opportunity. DYOR

[buffettjnr] 20/6/2021 20:40

Any thoughts on the issue with GNC?

[slinkyj] 26/5/2021 14:34

Big correction back north due. Sold down wayyyy to much considering. Who knew we would get a great stab at a Covid recovery again on this one.

[richtea2517] 25/5/2021 09:21

Might sell a few more sandwiches if the summer arrives :)

[indiestu] 25/5/2021 08:43

" The Group anticipates that a continued reopening of the UK in line with the current roadmap and a consequential rebuild of Group Revenue would be expected to generate a FY21 Adjusted Operating Profit outturn above FY20 levels "

Yes, that would do it - Muppets!

[r600avo] 25/5/2021 08:32

Was it the quote " we will make more profit than 2020 if the lockdown is lifted" that did it?? I mean that's hardly an aspirational confidence inspiring quote from a ceo who is close to the figures is it!!

[richtea2517] 25/5/2021 08:13

See if it rebounds What time frame?

[r600avo] 25/5/2021 08:10

Never listen to me ........ well done Patrick!!