Opsies. Marshall Wace increased their short yesterday by 0.11 (which accounts for yesterdays drop). |
Bought a few more today That's it now : ) |
Jefferies raises price target to 185p(165p)- Hold |
Premier Milton increased their short by 0.17% yesterday to 0.67%(the other declared short is at 0.68%)
Now that the share price has retreated a fair bit, I'm thinking that the BOD will announce another £10m buyback at the next trading Update (AGM day 30 Jan) |
Under 2Don't mind if I do |
Yeah but this is a good business so worth the pragmatism |
Dividend too low here , lower than some AIM company eg share price here 205 & dividends 2p , AIM company GATC share price 83p but upcoming dividends 2.5p , |
Don't forget to run your winners : ) |
Retrace and back up ?The presentation is impressive - they are pretty confident |
It has been a while but don't forget the Irish 25% witholding tax. |
4* Greencore Group, the FTSE 250 leading manufacturer of convenience food in the UK, posted FY results for the period ended 27 September 2024, reporting a stronger than expected performance and a positive outlook as the Group enters FY25. Group revenue was actually down 5.6% to £1807.1m, but like for like revenue growth was up 3.4% yoy. Meanwhile the continued delivery of "Horizon 2" has resulted in an accelerated profit recovery. Adjusted Operating Profit was £97.5m in FY24, up 27.8%, with +140bps of margin improvement to 5.4% while PBT...from WealthOracle
wealthoracle.co.uk/detailed-result-full/GNC/1046 |
YepGot a boat load so today is a good day indeed |
Happy days Richtea. I can't believe that there are more buybacks, but if the share price keeps going up, then bring them on! |
Good work Kelso |
I'm guessing that adjusted operated profit will be slightly above the company's projected 95m-97m range. The year end dividend will be 2.2p (ie 50m to be returned to shareholders less the 40m already done via buybacks). SP will go back over 200p. Soon find out. |
What will tomorrow bring? |
Two more declared shorts have joined the party, we now have 3 totaling 1.64%. Year end results are announced next Tuesday, if the year end dividend is big I think the shorts will struggle. |
Saw that Will they be closing that before the update in two weeks Am thinking one last launch back to 220p and then slow grind for 2025 |
We now have one declared short (ie over the 0.5% reporting threshold), at 0.50% on Friday. This probably explains the share price weakness in the last week or so. |
Finger poised now |
Buy op coming |
Broker update: Deutsche bank raises from Sell to Hold, price target to 195p(130p). Someone else who wants to buy them cheaper? |
The latterMay test 2 again But 2.50 soon enough imo - DYOR |
Broker update: Barclays raises price target to 185p(160p) - equal weight. Either they think the share price is ahead of itself or they have a client who wants to buy them cheaper. |
Looks like Marshall Wace are buying back some shares today lol |