Greggs Share Discussion Threads

[dlku] 19/10/2015 15:51

reversal

looks problematic

[luckymouse] 16/10/2015 12:41

Positive Divergence on the chart - means its going up

[dlku] 13/10/2015 09:14

indeed indeed

[lauders] 11/10/2015 09:00

Thanks sja123! Nice final statement from the CEO:

“We compete with the likes of McDonald’s and Subway, there’s no shortage of competition,” Chief Executive Officer Roger Whiteside said by phone. “But we’ve upped our game.”

[terrys trousers] 08/10/2015 14:58

one of thos head and shoulder thingys on the chart

[lauders] 07/10/2015 15:03

Some switching into commodities today and taking some profit off the table?

[onjohn] 07/10/2015 14:11

looking a bit sheet

[fardistanthills] 07/10/2015 09:31

Couple of complimentary pieces in the Telegragh today - one of which asks is Greggs on an unstoppable roll. Food for thought;-)

[philanderer] 07/10/2015 08:57

Momentum building for Greggs

Baker Greggs (GRG) has managed to outperform despite a tough market.

Shore Capital analyst Darren Shirley reiterated his ‘buy’ recommendation but did not have a target price on the stock. The shares rose 88.5p, or more than 8%, to £11.64 yesterday.

‘In a period when comparatives toughened… Greggs has again outperformed expectations,’ he said. ‘Like-for-like growth is reported at 4.9%.’

‘Greggs outperformance is reported to be broad based, benefiting from new product initiatives, including the broadening healthy range Balanced Choice [and] the ongoing refit programme. A total of 47 stores have been opened in the year to date, taking store numbers to 1,668…a total of 50-60 net openings are expected in the year, we had previously expected c.25 net openings.’

He added that ‘instore initiatives, product innovation, refit programme and cost saving initiatives will provide ongoing momentum to the Greggs story’.

[moneysage] 06/10/2015 23:28

not long ago people were saying this looked expensive at 400p!

Just checked in and shocked!!

300% increase in 2-3 years!

missed the boat on this one.

[harebridge] 06/10/2015 21:17

These sort of clowns are from the same ilk as Tara aka Ten Bag Man.Bacteria.

[cockneyrebel] 06/10/2015 20:39

I wasn't as confident as I was Hyden - the chart had gone a bit negative, but a nice response today.

CR

[philanderer] 06/10/2015 20:11

CR , yep that worked out nicely . Dinner will be late tonight and I`m cooking

;-D

[hyden] 06/10/2015 19:34

Cracking result today. I'll admit I was beginning to lose faith with the retrace in place since August. A follow up move tomorrow will restore my confidence. :-)

[cockneyrebel] 06/10/2015 16:53

oh dear philanderer - think you're going to have to make it up to her in some other way - might not be such a bad trade off tho :-)

CR

[philanderer] 06/10/2015 16:29

Oh gawd , the wife left me a note to buy 1000 at the open , just seen it on the floor :-O

[hugh garss] 06/10/2015 15:39

How about dlku aka Mike 740 "Timberr!! Profit warning beckons"

You've gotta laugh

[harebridge] 06/10/2015 13:57

Well done to those that stuck it out here. Great results & a bright future.

[fenboy2] 06/10/2015 13:47

Mikey or TT will be following CR around to get some investment ideas.

[harebridge] 06/10/2015 13:45

Where's Mike, Terry Trousers or whatever he calls himself today? Perhaps stalking CR again or seeing his imaginary lawyer grassing people up!

[lauders] 06/10/2015 13:44

Thank heavans I didn't sell yesterday! Was contemplating it but decided to stay the course. Phew! Hope the Irish contributions are doing well. May be some update on the progress in Ireland when the next set of results are released.

[allstar4eva] 06/10/2015 13:24

Quiet here today. Wonder why.....

[nicksoj] 06/10/2015 12:08

Yay for Greggs!!!! Service is always spot on, which ever shop I use. Top top team.

[luckymouse] 06/10/2015 10:36

10/2/2015 Canaccord Genuity Upgrade Hold > Buy GBX 1,350