Greene King Share Discussion Threads

[philanderer] 29/6/2018 09:02

All blue in the portfolio this morning apart from this SOAB :-S

[philanderer] 28/6/2018 17:03

Sh*te day for the shareprice whatever way you look at it.

So, Colombia or Japan then !

[bend1pa] 28/6/2018 16:44

Poor results whichever way you look at it. The CEO trying to pass this off as a 'resilient performance' is living in cloud-cuckoo land. Only the marginal reduction in debt can be considered positive. Nothing else is, and that div is looking increasingly vulnerable.

[philanderer] 28/6/2018 13:37

28th june Citi ' buy ' tp 730p

Details and financials here...

[philanderer] 28/6/2018 10:58

richsawko, looking like a top call from you if we can keep this up :-)

edit:

Oops , spoke too soon -8.5% now

[chc15] 28/6/2018 10:42

Indeed, would have topped up if I got up early lol

[kexicus] 28/6/2018 10:31

Ridiculous over-reaction. Topped up another 2k @ 558. Already looking like a bargain. It's oversold.

[tymedici] 28/6/2018 10:06

Just wish I had sold yesterday and bought back in much earlier this morning. The thought did cross my mind some days ago but inertia got the better of me. Try and learn from these mistakes I guess.

[philanderer] 28/6/2018 10:03

AJ Bell comment:


Greene King and Stagecoach

Thursday, June 28, 2018 - 09:53

[philanderer] 28/6/2018 09:50

"Greene King: Footfall up on football, but costs rising too"

[a0002577] 28/6/2018 09:37

It was really the bland, slightly below neutral statement by the chairman that cooked the goose here. Can't remember such a statement from any chairman of a listed company before.

[philanderer] 28/6/2018 09:26

Chart support now looks to be around 535p


FT:

Greene King also said it expected cost inflation of around £45m-£50m in 2018-19. “With management only targeting cost savings of £30-35m this won’t be enough to overcome said inflation, unlike last year. Not good for margins,” said Mike van Dulken, head of research at Accendo Markets

[eastbourne1982] 28/6/2018 09:13

Seems a ridiculous reaction to what was a decent update.

[philanderer] 28/6/2018 09:09

Not sure about 600p for a while .

Getting a bl++dy good kicking now -10%

[richsawko] 28/6/2018 08:52

Somewhat oversold imho. Profit taking after recent great run. Expect close above 600p

[philanderer] 28/6/2018 08:44

Looks like a 'sell on the news' reaction.

I'm holding for sure.


Liberum reiterates 'buy'

[rock star] 28/6/2018 08:40

Great company but 2 years of economic headwinds ahead mean not sure I want to be a shareholder right now.

[davr0s] 28/6/2018 08:30

Agreed it's not up on a 30m horizon but I'd hardly call today a disaster given recent rises which was my point

[redartbmud] 28/6/2018 08:29

Precisely. It ain't up mate!!

[davr0s] 28/6/2018 08:20

Hardly - back to the price of 3weeks ago

[redartbmud] 28/6/2018 08:19

Disaster in Darlington.

Oops

[skinny] 28/6/2018 08:11

Peel Hunt Add 602.70 700.00 - Reiterates

Shore Capital Buy 632.90 - - Retains

[redartbmud] 28/6/2018 08:10

Down 4.4%

Underwhelmed from Uxbridge.

[redartbmud] 28/6/2018 07:56

Divi held. Under threat?