Greencore Share Discussion Threads

[dancing piranha] 14/6/2023 13:45

Another BH disaster awaiting like CURY! Chart says back into the 60's here....

[blackhorse23] 12/6/2023 21:28

Excellent news https://www.thetimes.co.uk/article/share-tip-greencore-is-a-tasty-pick-up-once-more-096btz8xw

[kelso29] 12/6/2023 09:17

Lots of buys from ordinary investors today, im guessing due to yesterday's buy recommendation in the Sunday Times. Hopefully more will follow

[blackhorse23] 30/5/2023 21:52

Excellent article. https://www.rte.ie/news/business/2023/0530/1386396-greencore-half-year-results/

[richtea2517] 30/5/2023 13:15

I'm a seller at 130

[blackhorse23] 30/5/2023 10:49

90p coming , strong growth company

[creditcrunchies] 30/5/2023 10:18

Still no dividend instead they go for buy backs again it's been 4 years since they paid a dividend. Still just a recovery share

[trader465] 30/5/2023 10:06

During the covid low interest rates were low, not so now. Profit has evaporated due to higher interest rates and £10m finance costs

[archy147] 30/5/2023 09:54

The covid low was around 90p when no-one had a clue if/when a vaccine would ever come along.

That's the absolute baseline price as far as I'm concerned. A sensible target IMO is the 165-175p it reached (twice) a few months either side of that baseline.

[kelso29] 30/5/2023 09:28

Over 80p now on bad results!
Something is cooking here

[archy147] 30/5/2023 09:19

Fortunately the market was already pricing in doomsday so anything better than that has been well received (phew).

[trader465] 30/5/2023 08:31

Good results? 😆😂🤣

A loss before tax of GBP6.2m (H1 22: GBP1.0m profit) was reported due to lower operating profit and increased finance costs.
-- Adjusted EPS of 0.5p (H1 22: Adjusted EPS of 1.8p).

[blackhorse23] 30/5/2023 08:11

Good results , sales up significantly . Excellent 10m buy back program after 15m , could cross over 95p soon

[kelso29] 30/5/2023 06:27

Bad results, there has to be a massive turnaround in H2 for them to achieve the expected FY figures.
I can see why Emma Haynes has been kicked out.
It looks like M&S made their big profit at Greencore's expense.
The £10m buybacks should stop the share price dropping too low.

[blackhorse23] 27/5/2023 10:00

Next week will be excellent for GNC

[richtea2517] 26/5/2023 13:29

Better sell then bud

[trader465] 26/5/2023 11:07

Results here aren’t going to be good…

“Given the lower than expected volumes due to the disruptive impact of continued industrial action on demand and operations and the expected lag on inflation recovery the Group now expects to generate an FY23 outturn at the lower end of current market expectations”

[blackhorse23] 26/5/2023 08:17

another dividend & share buy back at next week

[blackhorse23] 26/5/2023 08:16

Bought more today , next Tuesday results day

[richtea2517] 24/5/2023 09:06

Hopefully we can do an M and S next week

[kelso29] 22/5/2023 07:31

Last Wednesday they finished the £15m buyback. Together with the previous £10m buyback, the company has bought back 31m shares or 5.9% of issued share capital. The half yearly results are declared on the 31 May and I'm pretty sure that the company will commence another £10m buyback with the share price being so low. Hopefully the share price will have recovered (ie over 100p) by full year results and the company will then announce a 3p dividend.

[creditcrunchies] 19/5/2023 16:07

Must be due another profit warning soon