Greencore Share Discussion Threads

[justiceforthemany] 24/8/2017 18:16

Tyson has a market cap of $22Bn
Greencore approx $2Bn

They already have strong ties.

Tyson could easily buy out Greencore at these prices.
Makes sense for both.

Share trading at 4 YEAR LOWS

[justiceforthemany] 24/8/2017 17:48

The fall in share price defies all logic today. If a company says no reason for fall and no change in profits guidance price should and usually does rise!

Blatant manipulation again by short sellers and FCA turns a blind eye again.

[insideryou] 24/8/2017 17:10

Goldmans, the satanic squid.

[tigers1075] 24/8/2017 16:55

Been downhill since Brexit coincidence?

[smartypants] 24/8/2017 16:35

Goldmans and Blackrock...who would have thought ?
You can not beat the "Goldman's" of this world...unless you have a very big stick

[tom89] 24/8/2017 16:16

It looks like 3.4% of this stock is being shorted by five companies

[smartypants] 24/8/2017 16:07

Well the "market" has shown the Board and the Company, the finger, and who is calling the shots
"The masters" will dictate your value..it maters not what results you produce... how dare you suggest that the share price is wrong ??..take that !
Back to 2014 levels

[deanowls] 24/8/2017 14:48

The level of debt is quite high here, ultimately for a food business that has low operating margins.

[totalgeek69] 24/8/2017 09:50

Their revenues are exploding this year... circa 2.2Billion using 50% which is a conservative estimate based on the last trading update 57% increase over 39 weeks.. They have reassured that trading is in-line with expectation so not sure if I can see how this will go much lower...

[richtea2517] 24/8/2017 09:43

Be interesting if 196 is the low. Stop hunt the 200 gang

[richtea2517] 24/8/2017 09:25

Yeah really soothing

[soundbuy] 24/8/2017 09:24

Nothing like a reassuring the mkt RNS.........

[totalgeek69] 24/8/2017 08:57

You will probably not be able to buy back at these prices.. Summer is almost over.. Look at the weather lol Forward PE 11 now and Yield 3.8% dividend!

[james010] 24/8/2017 08:53

just get out and buy back a bit later - summer slump is dragging everything down. Point of holding shares is to make money not prove a point.

[broadwood] 24/8/2017 07:40

Greencore Group said its board had noted the recent weakness in the company's share price and was not aware of any developments since the release of its third quarter trading statement on 27 July that changed the outlook it contained.

It said that as outlined in that statement, the integration of the US business was on track and the group continued to be encouraged by the pipeline of commercial opportunities being explored with existing and new customers.

The group said it noted there had been some level of churn in the legacy retail part of the US business.

Specifically, it has decided to refocus its Jacksonville, Florida, site on fresh product offerings and would withdraw from current frozen product production on that site.

It said this change was being managed seamlessly with the relevant customers and the board anticipated that the impact on profitability would be minimal.

The group said it planned to issue its next trading update on the release of its full year results on 28 November.

[james010] 23/8/2017 22:31

yeah this has been a dog for a while now - glad I don't hold. Looking for a time to get back in.

Maybe money has gone into cranswick as far as food producing shares go?

[swedeee] 23/8/2017 16:28

biggest loser in my portfolio today. on news of nothing.. very odd

[richtea2517] 23/8/2017 12:57

Nope but bought in a fair bit higher so hope it bounces soon

[chrisdawson83] 23/8/2017 12:47

Anyone any idea why this is falling so much??

[richtea2517] 01/8/2017 12:38

I think this is being shorted/manipulated. I imagine the bounce will be sudden and fast but don't ask me when.

[richtea2517] 27/7/2017 15:49

I nibbled a few - upside in due course