Greencore Share Discussion Threads

[richtea2517] 26/1/2023 12:09

Indeed. These were nearly £3 before Covid. Wider context always useful.

[dunns_river_falls] 26/1/2023 11:53

Initial tree shake of weak holders. Then they execute the buy back, the dumped shares get bought back at the lower price and the EPS next year is even better. Will be interested to see how many shares get bought back today.

[blackhorse23] 26/1/2023 11:06

Could be blue finishing today

[creditcrunchies] 26/1/2023 10:10

The market is topping in general it's a good time to hold cash then buy back cheaper. Still a decent company

[richtea2517] 26/1/2023 10:01

I think I may have topped up here but already over exposed with these. An 12-18 month time frame will look better. It depends what your mindset is. I like the pro-active approach and a full year of normality will surely see these back up to £1.00 - £1.50

[blackhorse23] 26/1/2023 09:06

Q1 revenues up by 19%

[blackhorse23] 26/1/2023 08:52

Opportunity to BUY, closing blue today, continue go up 15m SBB PLUS institutional investors

[dunns_river_falls] 26/1/2023 08:51

Considering the strike action is hurting footfall, to be within the range of current expectations is pretty good. Management seem to have an action plan and are on the ball.

[cumnor] 26/1/2023 08:49

Given that TU this should be in the 40s-at best.

[cumnor] 26/1/2023 08:48

Blackhorse, you've a knack for picking them.

[kelso29] 26/1/2023 08:48

We're lucky it is a rising market today as otherwise the share price would have finished in the 60's today.
They are speeding up the buybacks now, 7m done at approximately £5m, £10m to go by end of May.

[blackhorse23] 26/1/2023 08:45

Bought at 68, closing could be blue today

[creditcrunchies] 26/1/2023 08:32

Mate don't fall in love with them it is what it is we've got a difficult market consumers are getting smashed by the government.

[blackhorse23] 26/1/2023 08:28

Company still buying back shares 15m , q1 adjusting inflation prices , revenues up significantly

[blackhorse23] 26/1/2023 08:27

There is no profit warning, read properly

[creditcrunchies] 26/1/2023 08:27

Classic profit warning I'm afraid but worth accumulating in the lower 60s I'd say.

Jan 26 - Irish food group Greencore Plc
GNC.L said on Thursday it expects its full-year outturn to be
at the lower end of market expectations as industrial action and
slow recovery from inflationary pressures hit demand and
volumes.
"It's a difficult, volatile market, and the business has got
off to a slower start to the year than envisaged," said Chief
Executive Officer Dalton Philips.

[blackhorse23] 26/1/2023 08:24

Closing positive today

[blackhorse23] 26/1/2023 08:19

Bought some more

[creditcrunchies] 26/1/2023 08:15

So it's a profit warning back to square one again

[blackhorse23] 24/1/2023 08:54

Still 12m pound left to buy back shares , will be around 150p in few weeks

[pete long term investor] 23/1/2023 09:59

MS are probably anticipating a takeover, plus many Arbitrageurs with llarge stakes now Rubric, Black Creek, Brandes, etc. Company must reinstate Dividend at Thursday AGM or yhere will be tzkeover at current low price

[blackhorse23] 22/1/2023 20:25

Going up nicely, love it

[buffettjnr] 22/1/2023 07:28

Weird why MS would have 10%? It’s most likely warehoused for someone

[kelso29] 22/1/2023 07:08

Trading update on Thursday. I'm expecting it to be very good eg +25% Revenue compared to last year (when the share price was 50p higher!) Hopefully the BOD will be positive about future trading and the share price will keep improving.
There were some big trades Friday morning of 1m and 580k, is it shorts closing, someone building a stake, buybacks or MS playing around with their 10% holding? May see something declared soon.