Greggs Share Discussion Threads

[philanderer] 02/10/2017 23:56

Trading update tomorrow

[philanderer] 12/9/2017 09:56

UBS raises tp from 1200p to 1350p - retains 'buy'

edit:

note here..

[philanderer] 06/9/2017 14:12

xd for the 10.3p dividend tomorrow morning

[mach100] 01/9/2017 10:50

A very strong momentum play now up to 1300p. Even when it looks to have peaked after breaking to new highs, Greggs quickly resumes its upward course. There is a nice buffer between the share price and £12 before it goes ex-divi next week so as long as we hold over £12 this looks set fair to be a share you can dine out on.

[mach100] 14/8/2017 15:59

Recovered well after last week's battering of the general market. I think Berenberg's recommendation is still ringing in investors' ears just like a busy Gregg's cash register at lunchtime. Hopefully just pausing at 1170p for a belch before moving on to the next course which whould be 1200p. share price growth, an ok divi plus a return of capital is like having your cake and eating it but certainly possible here.

[mach100] 10/8/2017 12:53

Thanks Phil! That looks tasty! My own ideas were clearly half-baked. It had £46m of net cash at the end of the last FY so a similar or even higher figure should mean a nice return of some dough to shareholders. I'll buy that for a dollar!

[mach100] 10/8/2017 08:59

Morning Phil. Yes very unusual and sustained buying at all prices up. Is there a major sniffing round the aisles of this one? Maybe it has been tipped somewhere but you would have to be off your trolley not to be in this one below £12! Let's see if there is substance to the rise.

[philanderer] 10/8/2017 08:41

Upgraded ?

[philanderer] 01/8/2017 16:15

1st august Investec 'buy' tp 1225p

[mach100] 01/8/2017 15:19

I think investor have crunched the numbers today and liked the offering as it is now up 1.73%. It is bound to have some profit takers but we also have had a horde of new investors today I would say.A new trading range of 1110 to 1160 is quite possible even after the strong run of late.

[philanderer] 01/8/2017 13:49

yep, solid set of numbers and outlook :-)


'Salads and sausages are a hit at Greggs with more drive-through stores on the horizon'

[mach100] 01/8/2017 09:09

Looks solid to me Phil. Inflation busting hike in the interim dividend and on track despite some headwinds. Highly cash generative and its refurbishment programme cut by a third for a few years might leave some headroom for a return of capital. There was a large drop of 3.6% after some initial buying but the share price has recovered. I hope we can finish above 1100p today as we can consolidate and even move up now the potential for some bad news sandwiched in between some good stuff has been swatted by the results.

[philanderer] 01/8/2017 08:55

No problems with that . Dividend up nicely :-)

[mach100] 27/7/2017 23:21

Certainly very strong buying today. Now that it is comfortably past 1100p if it can avoid some profit taking tomorrow then we could be ready for the next leg up. It would be good to see a divi hike and a special divi next week rather some crusty statement about rising costs and a small increase in LFL sales.

[waspfactory] 27/7/2017 17:06

ooh,jolly good. Thanks.

[philanderer] 27/7/2017 16:56

Buying ahead of next tuesday's interims maybe ?

[waspfactory] 27/7/2017 13:50

Nice rise today, has there been a broker note?

[philanderer] 04/7/2017 09:27

Sandwich chain Subway plans expansion in High Street war


Sandwich chain Subway is planning to open another 500 stores by 2020 as it seeks to cement its place as the UK's largest High Street fast food chain.

That would bring its total to 3,000 across the UK and Ireland - almost double that of closest rival Greggs, which has 1,698 restaurants.

Subway said growing customer demand for its sandwiches had driven the decision.
The firm is also in the process of overhauling its stores with a revamped menu and a new look for the shops.

It said its expansion plans would create 5,000 new jobs.

[ignoble] 30/6/2017 15:10

Popped into Greggs today ...1.30 and very busy
4 sausage rolls for £3 ...not all for me
Very tasty and great value
Impressed

[waspfactory] 30/6/2017 15:04

Back in today, local Greggs was absolutely rammed today as usual.

[philanderer] 08/6/2017 16:51

The world's first drive-through Greggs is now open