Greggs Share Discussion Threads

[pilgrim] 28/12/2017 14:17

Yes, 1400 was my target, but it's been in this price area since mid Nov. and now it's popped up. Rightly or wrongly I will give it a chance. Trading update on 16th Jan. Does the market know something?

[mach100] 28/12/2017 13:23

£14 on the ask which was my target price. It has been a good run up from 944p for me and averaging up as it has risen. Anyone else thinking of taking profits? It has risen strongly today and there may be some momentum upside here.

[mach100] 15/12/2017 23:42

Barius Colin is the son of the founder and is currently in jail for abusing boys. Not connected with the business now if it is him you are referring to.

Phil, That TP is crazy and I can't see us hitting that unless xmas proves stale.

[philanderer] 05/12/2017 18:14

Peel Hunt 'hold' tp 1200p

reiterates

[barius] 05/12/2017 13:34

Is this anything to do with colin gregg?

[philanderer] 20/11/2017 17:36

Barclays initiating coverage with 'overweight' tp 1405p

[larva] 13/11/2017 15:03

wants to go blue

[philanderer] 13/11/2017 14:38

'Mm, sacrilicious: Greggs advent calendar features sausage roll in a manger'

[opodio] 11/11/2017 08:22

new high


will go to 16

[larva] 10/11/2017 12:19

nice ride sir

[3rd eye] 07/11/2017 08:55

GRG Greggs carries its march upwards. Some new marketing and products aimed at the Autumn market this year . See last RNS.😃㈴6;

New autumn range includes 'all day breakfast' wrap and Thai Chicken Soup

CHART

[3rd eye] 06/11/2017 16:26

GRG Greggs, (pasties) 6 month and 1 Year breakout. Trades on a forward P/E of 19 usually in the mid 20s.. Berenberg and Investech say BUY. 😎

Chart.........

[philanderer] 12/10/2017 17:27

Canaccord 'hold' tp 1300p

reiterates

[stavros28] 11/10/2017 11:24

Excellent service at Greggs Manchester Airport , main man works his socks off, I was their all night he never stopped , deserves a medal !

[sicker] 06/10/2017 12:43

Mine too :-))

[philanderer] 06/10/2017 12:17

Nice dividend into the account today :-)

[philanderer] 05/10/2017 09:51

5th oct Berenberg buy tp 1350p up from 1300p

[philanderer] 03/10/2017 12:52

Greggs diversified menu helps sales growth

Salads and flat whites might not be Greggs' bread and butter but the bakery chain's foray into healthier products with its new diversified menu appears to be paying off.

Like-for-like sales in its third quarter jumped 5pc, Greggs reported this morning, and some 98 new shops have been opened in 2017 as part of its expansion.

Hargreaves Lansdown analyst Laith Khalaf said that the story has "all the ingredients of an attractive roll-out story".

He added:

"It’s good to see the group investing to ensure its menu doesn’t become stale too. New breakfast options and balanced choices like Thai Chicken soup are gaining increasingly popularity with customers, and are a step forward as the country becomes ever more health-conscious.

"New shop openings and spending on manufacturing and distribution operations has seen capital investment creep up, while higher ingredient costs continue to prove a headwind. However, Greggs’ growing franchise model should help cash generation remain strong, and the system changes have boosted sales in this quarter."

[philanderer] 03/10/2017 11:02

Investec Raises Greggs Price Target To 1,350p From 1,225p, Keeps Buy

[mach100] 03/10/2017 09:48

There should be good upside even now with such a strong trading statement. Soem of the headwinds will be easing too with a slwoing increase in costs. And all this before the announcement of a return of capital if it makes over £40 million in free cash flow. That looks pretty nailed on now. We will smash through £13 in the coming weeks. I am looking for £14 here.

[philanderer] 03/10/2017 09:05

Good as gold :-)

Shore Cap reiterates 'hold'

[bruceylegs] 03/10/2017 07:52

Robust Like for like sales - trading well.

[philanderer] 02/10/2017 23:56

Trading update tomorrow