Greggs Share Discussion Threads

[useless23] 06/6/2018 12:22

Imo there was an over reaction to the last trading update which was perceived to be negative but imo sales slowed due to the bad weather when they had to close shops.

[richard4796] 06/6/2018 10:30

Any ideas why this has dropped so much everyone?
It's always busy, I know countless people who use it.

[useless23] 06/6/2018 08:34

The weather over the last 6 weeks has been absolutely fantastic.

[philanderer] 30/5/2018 13:56

FWIW

Questor: it’s time to sell Greggs, an unexpected victim of the rise in online shopping

[useless23] 24/5/2018 13:32

I fully agree.

[this_time_its_different] 24/5/2018 10:00

Have you bears noticed a trend? A lot of companies are reporting poor earnings because of the snow storm, this problem is NOT Greggs specific. Greggs is going to the moon boys, mark my words.

[unnavailable] 23/5/2018 13:11

'the stock is doing what I'm saying will happen'.'you will never see this under 1100 again'.

[barius] 23/5/2018 12:12

Ever get that sinking feeling?

[r ball] 21/5/2018 22:00

Ah...the John peel fallacy:-John peel to record producer: you must sign this band, everyone I know has their recordsRecord producer to John peel: maybe you know everyone who will buy their records

[this_time_its_different] 21/5/2018 15:04

Greggs is still undervalued, if you want a position in Greggs, it's best to load up now rather than when it is over 1200p in a few months time.

[useless23] 21/5/2018 10:31

I've opened my first ever position in Greggs this morning. I've long admired it and whenever i walk past a shop there's always a queue.

[this_time_its_different] 18/5/2018 17:31

And I am saying something worthwhile, because as you can see the stock is doing what I am saying will happen.

[this_time_its_different] 18/5/2018 16:49

With that in mind, the stock market under and overprices securities based on hope, fear and greed. That is why it swings Greggs from 1020p to 1400p. Now we don't know how Greggs will grow, it could accelerate and thus the price will get pushed up.

[this_time_its_different] 18/5/2018 16:44

Does it matter? The P/E multiple should reflect the projected growth rate, you get a PEG ratio from that. When the PEG is 1, the stock is fairly priced. The Growth rate is anyones guess as you are projecting into the future, but I would estimate that 1200p is a fair price (based on my growth projections).

[unnavailable] 18/5/2018 16:04

I'm not sure if you understood my question. Because you scribbled 4 separate posts of nonsense, not once addressing it.Put that degree to use and give us something tangible. Why shouldn't it have fallen past 1100?. Why resistance at 1400?. How are you arriving at your valuation?.You seem like you want to be heard so say something worthwhile.

[this_time_its_different] 18/5/2018 15:08

The P/E multiple is realistic, Greggs can and will grow as long as Beast from the East Part 3 doesn't return!

[this_time_its_different] 18/5/2018 15:02

Imperial is also a buy below £30, it should move to £28 over next week. For Imperial I see no resistance till £36.

[this_time_its_different] 18/5/2018 14:57

The snow killed the quarter, people still want sausage rolls, the market overreacted because of Amazon killing everyone (they kinda are, but you get my point). Panic selling caused more selling, we never should have broke 1100p but we did. Greggs is not overvalued, greed is coming back and should drive the price past 1100p. Shorts are getting squeezed and people are getting greedy, I don't see any real resistance till 1400p personally.

[essentialinvestor] 18/5/2018 13:29

If you bought earlier this week, well done, very nicely traded. You also had IMB.
I was very tempted for a small amount, but hoped for lower.
You can't always get what you want, as the song goes ).

[unnavailable] 18/5/2018 13:20

Ok, degree in finance. Why don't you run us all through your valuation of greggs.

[this_time_its_different] 18/5/2018 12:42

The shorts in Greggs are getting squeezed, which idiot shorts a stock on one quarter of bad growth (caused by that snowstorm). Now the greed is taking over, I see 1200p on the horizon.

[this_time_its_different] 18/5/2018 12:35

Barius, I have no position in Greggs. I am just calling what I see, I may be on here for a month but I have been investing in the markets for years. I even hold degrees in finance.

[this_time_its_different] 18/5/2018 12:08

Greggs to the MOON!!!!!!

[this_time_its_different] 18/5/2018 11:16

UBS is also undervaluing the business, Greggs is a STRONG BUY right now, just because it snows doesn't mean the business is finished. Look at the wonderful weather we have had over the last few weeks, footfall is going to increase drastically and so will Greggs share price. You are getting a bargain buying these shares under 1100p, you will never see Greggs below that price ever again.

Market sentiment changes very quickly and once greed takes over, Greggs is going to charge towards 1200p where it belongs at a minimum.