Too late... ive eaten four of them earlier. |
Is this the reason for the fall today ? |
Yeah essentialinvestor when Greggs don't sell enough sausage rolls interest rates go up and GDP tanks You really couldn't make up this shyte |
BC
I suggest you plot the share price of Greggs againt Halma - you find in of interest. |
Essentialinvestor is so thick he thinks greggs is the bellweather for the uk equity market You really couldn't mage this shyte up |
Phil, not used to seeing you so cautious.. |
At what point do you want me to say "I TOLD YOU SO" |
Out for now.
The only UK earners I'm holding now are TSCO, SBRY and MKS. |
If Greggs trades down to £16, heaven knows what the rest of the UK equity market would look like. |
Will be fine when pays 5% divi-£16 at current payout. Market given up on these tiresome 'growth' stocks that give shareholders zilch and mgmt everything. |
PhilBut he kept Brown-Foreman, personally I don't buy the weight loss theory / excuse for offloading DGE, or that it will massively impact GRG. Yes folks are getting more health conscious but GRG will adapt their offerings accordingly. IMO they've overstretched themselves and have operational issoues, shops I've passed on my travels have folks queuing up outside the shop....whereby a lot must just get fed up of waiting to be served.This is a quality business, I don't hold but I used to years ago. |
Phil, yup. I think one of the 'issues' here was the rating. Down to 17.5 X now approx.
Some are saying that within a decade 50% of overweight and obese individuals will be on these newer weight loss medications.
That could be a country mile out, however further advancement to weight loss medication will happen. |
EI , having said that I see Terry Smith has dumped his Diageo holding due to the boom in weight-loss jabs. |
We need some old fashion numbers here, market cap, dividend, net cash per share and expected EPS for 2024 and 2025, who's got all the details to hand? |
EI, I think it's as simple as missing it's numbers added to an unusually cautious statement. It's been punished.... 3%+ dividend at tonights close
Not at quite the same severity but SBRY and MKS both updating this week have had their shareprices whacked. Reeves responsible for all of this. A rotten government.
Giant Edinburgh Greggs opens at busy shopping centre with indoor seating |
Healthy options?Better off eating the packaging. |
That may well be the case. But that doesn't mean that the shares are worth buying at the price offered |
Michelle74 10 Jan '25 - 17:19 - 4966 of 4969 0 2 0 Very good price to stock up on
Just because it's cheaper than last week by a fair amount, doesn't make it a buy.
Greggs is an illiquid stock and if we go into another 2008 style GFC then Greggs could probably expect to half from here as unemployment rises, Government social spending rises and interest rates rise to stop the pound collapsing, that's one hell of a domino effect to imagine that would see UK debt rise further and not worth thinking about. The only thing in our favour regarding the last point is that US and European debt is similar but that doesn't stop the multi-billionaires in the US deciding to attack the UK currency. There will be huge swings in the market and best to trade liquid stocks you can get out of if things do take a turn for the worse. |
barious, there's plenty of good healthy options now available at Greggs ! |
presumabably because Greggs is a quality company |
Why do you say that? |
Very good price to stock up on |