Buy
Sell
Share Name Share Symbol Market Type Share ISIN Share Description
Greggs Plc LSE:GRG London Ordinary Share GB00B63QSB39 ORD 2P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -2.00 -0.09% 2,348.00 2,348.00 2,350.00 2,366.00 2,344.00 2,366.00 18,675 10:59:55
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Food & Drug Retailers 1,229.7 145.6 115.7 20.3 2,396

Greggs Share Discussion Threads

Showing 5151 to 5173 of 5175 messages
Chat Pages: 207  206  205  204  203  202  201  200  199  198  197  196  Older
DateSubjectAuthorDiscuss
06/12/2022
19:18
Greggs tackles food waste with opening of 30th London store - Grocery Gazette - Latest Grocery Industry Newshttps://www.grocerygazette.co.uk/2022/12/06/greggs-food-waste-london-store/ 
livewireplus
03/12/2022
06:56
Adanac Park: Proposal for Greggs and EV charging stationhttps://www.dailyecho.co.uk/news/23165545.plan-provide-drive-thru-greggs-city-business-park/
livewireplus
29/11/2022
17:55
Greggs opening inside Walkden Tesco Extra superstore https://www.manchestereveningnews.co.uk/news/greater-manchester-news/greggs-opening-inside-walkden-tesco-25627651
livewireplus
29/11/2022
07:27
North Wales town's SPAR store to reopen this week - with Greggs bakery added to sitehttps://www.dailypost.co.uk/news/north-wales-news/north-wales-towns-spar-store-25626428
livewireplus
28/11/2022
16:58
https://www.chroniclelive.co.uk/whats-on/shopping/greggs-primark-christmas-sale-releasaed-25619208
livewireplus
24/11/2022
18:14
I think the opposite whale. Given GRG are at the lower end of the on the go food chain I think in the current and future financial climate they should actually benefit. I use various Greggs' regularly and I can’t remember the last time that I didn’t have to queue to be served and with the number of new openings and the internal seating being restored I see every chance of improvement.
warranty
24/11/2022
16:30
Sold out my medium position this morning. Will regret it undoubtedly but finding it less tempting at these levels: PE vs % growth in the currently inflationary backdrop is a bit expensive for my taste.
whalehq
21/11/2022
10:51
SO PLEASED MY WIFE MAKES HOMEMADE CORNISH PASTIES and beef samosas

Atleast one know whats in them

waldron
21/11/2022
10:45
The best cornish pasty i ever had was in a pub on padstow harbour during the mayday festival some 50 plus years ago


Http://dorothystewart.net/2021/05/01/padstow-may-day/

waldron
21/11/2022
10:31
Surely it’s about choice? If you want a genuine, quality Cornish Pasty then you don’t go to Greggs. If you just want something cheap and cheerful and quick on the go then you do. Not rocket science and personally if I was on holiday in Truro I might use both at different times although lest time I was in St Ives and bought one of these “quality”; pasties it had a giant fly in it and when I took it back and complained I was treated very frostily and they resented giving me my money back. Never had that at Greggs.
warranty
19/11/2022
08:33
Greggs would do well to use the insurance money to reduce gearing. This would provide an eventual boost to the share price as debt is getting expensive.
johnkidd1
02/11/2022
10:12
Greggs can serve up premium gains, says Jefferies


Greggs’ (GRG) pricing position remains strong and Jefferies believes the high street baker can serve up premium returns.

Analyst Andrew Wade retained his ‘buy’ recommendation and target price of £29 on the stock, which was trading up 3% at £20.78 early on Tuesday afternoon.

Jefferies’ research suggests Greggs is ‘maintaining its price position’, having put through four rounds of price increases in the last 12 months, the first at the end of December 2021 and the most recent at the start of October. The chain’s sandwich prices have now increased by around 8%, versus 14% for competitors on average.

‘We believe the business offers premium returns, a robust growth profile and resilience. Although the shares have begun to recover ground lost this year, we see further upside and, on 16.5x [estimated 2023 full-year earnings], reiterate “buy”,’ said the analyst.

Wade added that growth drivers are intact for 2023 and he continued ‘to forecast a solid step forward in full-year 2023 profit, supported by the contribution from new and maturing stores, the stronger price recovery position entering 2023, the continued sharp pricing position and positive volume trend’.


citywire.com

philanderer
19/10/2022
15:06
Stalling, closed 1911, and away for 32pts!

Watching

cheers

dudishes
18/10/2022
15:51
Jai Singh

15:32 Tue 18 Oct 2022


Greggs wins £150mln legal battle over Covid insurance

Greggs argued that Single Business Interruptions Limits were payable every time the government introduced a Covid measure that affected business


Greggs PLC (LSE:GRG) has won a £150mln legal battle against Zurich Insurance over claims triggered by the Covid pandemic.

The case centred on how much Greggs and other retailers and hospitality firms, such as Slug and Lettuce owner Stonegate, felt they were due in compensation because of pandemic closures.

Greggs argued that Single Business Interruptions Limits were payable every time the government introduced a Covid measure that affected business.

However, the insurers felt that Covid itself was the only disruption, and believed Greggs was only entitled to a single payout of £2.5mln.

Zurich Insurance discharged its obligations to Greggs in January 2021 once that single payout was made.

Yesterday, Mr Justice Butcher rejected this argument, meaning the retailer could be entitled to the entirety of the £150mln it claimed under its insurance policy.

Mr Justice Butcher agreed that there was more than a single occurrence, and hoped the two parties could come to an agreement on the number of disruptions, and therefore the payout.

Manoj Vaghela, a partner at Charles Russell Speechlys, the law firm representing Greggs, stated the ruling had “wider implications for all businesses that purchased the resilience insurance policies”

The extent to which this will impact the hospitality and retail sector at this moment is unknown, according to Mark Brumby, an analyst at Langton Capital.

“There are a lot of unknowns at the moment. The case is for £150mln but the size of the judgement isn’t given.”

“Many insurers may say it’s on a case-by-case basis, but that’s not likely to hold and precedents do count for something,” Brumby added.

Last year, fellow insurer Hiscox paid an additional US$48mln on claims after a Supreme Court Ruling.

The court found that the Financial Conduct Authority’s (FCA) had “substantially” won its case against Hiscox and other insurers on behalf of 370,000 small businesses.

Hiscox would later say it regretted the dispute over the wording of its business interruption policies.


Proactive

waldron
18/10/2022
13:39
Thanks money, just read the article.

Holders could be in for a special divi. I will consider my position!

cheers

dudishes
18/10/2022
11:45
Toplist with AJ Bell.
dudishes
18/10/2022
11:13
Cheers Walders!

I was a wee bit slow on the Button this am, but got a long @ 1879 (£50pp).

cheers

dudishes
18/10/2022
10:44
Greggs has won an initial case against insurer Zurich over its claims for business interruptions during Coid

hxxps://www.retailgazette.co.uk/blog/2022/10/greggs-wins-150m-high-court-covid/

moneybeingmade
17/10/2022
18:35
Outlook from GREGGS Update

The outlook for cost inflation for the year remains consistent with our previous guidance of c.9% overall like-for-like cost inflation in 2022 and we now hold an appropriate level of forward purchasing cover in respect of our fourth quarter requirements for key food and energy commodities. We also hold significant energy cover for the first quarter of 2023, with average costs expected to be below the level of the recently-announced price cap.

Greggs continues to trade well in an environment where cost pressures are significant and our outstanding value-for-money positioning is ever-more important to consumers. There remains considerable uncertainty in the economy as a whole but we continue to trade in line with our plan and currently expect the full year outcome to be in line with our previous expectations.

waldron
17/10/2022
18:33
Mean consensus BUY


Number of Analysts 11


Last Close Price 1 860,00 GBX


Average target price 2 925,50 GBX
Spread / Average Target 60% approx

High Price Target 3 845,00 GBX
Spread / Highest target 110% approx

Low Price Target 1 800,00 GBX
Spread / Lowest Target -0,80% approx

waldron
17/10/2022
18:29
Upcoming events on GREGGS PLC


December/05/2022 Berenberg European Conference


March/07/2023 FY 2022 Earnings Release (Projected)

waldron
17/10/2022
18:16
Is their next trading update is also strong then they can get through
about anything.

essentialinvestor
17/10/2022
17:57
Https://www.marketscreener.com/quote/stock/GREGGS-PLC-4001975/

A difficult one to assess these days

what with a support at 1673p and a weak resistence of 1901p there appears little news to move it either way

If news does propelle it thru 1901p the next resistence seems to be 2044p

Midas says its worth a nibble, i am not so sure but there might be christmas cheer as we move towards
Hallowen and towards December

Will people start to make homemade sausage rolls,many might well do during these hard times

chuckle and cheers

waldron
Chat Pages: 207  206  205  204  203  202  201  200  199  198  197  196  Older
Your Recent History
LSE
GRG
Greggs
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

Log in to ADVFN
Register Now

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20221208 11:15:36