Greggs Share Discussion Threads

[mach100] 28/2/2018 10:08

Well the fall has arrived but some of it is hard to disaggregate from an overall soggy market. There must be some sell advice around in the wake of the results but looks a hold sub 1200p to me.

[mach100] 27/2/2018 19:04

Tbf Barius the company always talks about consumer disposable income and continuing economic uncertainty in their reports. Underpromise and over deliver. I think the market may not like slowing LFL sales but Greggs is quite innovative. They are opening a shop at westminst Tube next week which ould be quite a good captive audience if a roll-out is usccessful. I don;t share your expectation of a much further fall and though they may fall a bit more tomorrow I am pretty sure we will see some buyers coming in.

[barius] 27/2/2018 16:07

Very poor results with the dreaded "challenging" word used. Expect these to fall a lot further.

[mach100] 27/2/2018 09:59

I think brickty is one sandwich short of a picnic. Not bad results and very cash generative but some headwinds and LFL sales slowing. A mixed bag but still worth tucking iinto on weakness. Nice 4.2% rise in the progressive divi means holders should continue to get their just desserts.

[bricktycoon] 27/2/2018 07:55

Greggs set to soar on monster results this will fly today 16 pounds imminent but buy buy

[bricktycoon] 27/2/2018 07:14

Get in Greggs shares will be going like hot cakes this morning blockbuster results this morning will see his soar to 15 pounds plus today buy buy buy

[bricktycoon] 27/2/2018 07:08

Booooom time £15 today excellent results the market will marks this up big time on open buy buy buy

[philanderer] 23/2/2018 18:06

Results tuesday.

[philanderer] 15/2/2018 09:52

Berenberg reiterates 'buy' tp 1450p up from 1350p

[wiganer] 05/2/2018 14:21

Drifting on market sentiment?

[philanderer] 29/1/2018 23:42

Greggs is offering a Valentine's Day four-course candlelit dinner with prosecco and table service - in Manchester

[gsbmba99] 22/1/2018 15:21

Interesting and entertaining background on the UK sandwich market which features an appearance from Roger Whiteside: Also available in podcast:

[philanderer] 17/1/2018 17:48

Greggs: Canaccord reiterates hold with a target price of 1,320p

[philanderer] 17/1/2018 13:16

'Greggs' takes on Burger King and McDonald’s with hot food menu


Bakery chain to trial dishes aimed to appeal in the evening including chicken goujons, potato wedges and pasta dishes

[philanderer] 17/1/2018 12:10

UBS 'buy' tp 1450p up from 1350p

[philanderer] 16/1/2018 12:08

Greggs plans more stores as caramel lattes and gluten-free soup boost sales

[mach100] 16/1/2018 11:21

Excellent update today and 17 quarters of growing LFL is not to be sneezed at. Plenty to go for with Food-on-the-go and with a lot of investment in the supply chain the hope is that it will all feed through to the bottom line. The market has digested the results and seems to like them but I reckon today's rise doesn;t mean Greggs is fully valued. This has been sold down from 1400p possibly on fears that the growth story cannot be maintained. Today's update suggest otherwise.

[philanderer] 16/1/2018 09:46

Cap doffed ;-)


edit:

ShoreCap 'hold' reiteration

[strollingmolby] 16/1/2018 08:49

Q4 Trading Update:

A year of good growth

Financial year 2017*
-- Total sales up 7.4%
-- Company-managed shop like-for-like sales up 3.7%
-- 131 new shops opened in the year, 41 closures
-- 1,854 shops trading as at 30 December 2017
-- Full year results anticipated to be in line with management's previous expectations

* 52 weeks ended 30 December 2017 (2016: 52 weeks to 31 December 2016)

[philanderer] 12/1/2018 16:39

Trading update next tuesday.

[mach100] 08/1/2018 09:12

Old news lucicavi and hardly generated a ripple. If anything it probably generated a bit of footfall for the company by putting it in the public eye.