Greggs Share Discussion Threads

[maywillow] 10/10/2019 14:56

Last Signal: STAY IN CASH
Last Close:
1,797.00
Change:
+37.00
Percent change
+2.10%

Signal Update

Our system�s recommendation today is to STAY IN CASH. The previous SELL signal was issued on 01/10/2019, 8 days ago, when the stock price was 2,073.71. Since then GRG.L has fallen by -13.34%.

Market Outlook

The market is finally giving hints of a bullish resurgence. Today a bullish pattern is detected.

[essentialinvestor] 10/10/2019 14:53

The 100,000 share sale, was that options related ?.

If not, that's a seriously large chunk at the best part of 2 million in value.

[maywillow] 10/10/2019 14:51

another viewpoint




Moving Averages analysis

Price and moving averages has closed below its Short term moving average. Short term moving average is currently below mid-term; AND below long term moving averages. From the relationship between price and moving averages; we can see that: This stock is BEARISH in short-term; and BEARISH in mid-long term.

Bollinger Bands Analysis

GRG.L has closed above bottom band by 14.2%. Bollinger Bands are 90.8% wider than normal. The large width of the bands suggest high volatility as compared to GRG.L's normal range. The bands have been in this wide range for 3 bars. This is a sign that the current trend might continue.

[maywillow] 10/10/2019 14:41

looking for confirmation Friday if 1760p support been truly breached
and you get that move down that you wish

next support might well be 1530p at a guess although no real news to justify move down in my opinion

one hell of a buying opportunity for some

[philanderer] 10/10/2019 14:17

Looking more like 150p for any serious support.

[philanderer] 10/10/2019 12:48

1751p - 1753p at the moment.... 180k printed.

Usually get a trading update in the first couple of weeks in january

[maywillow] 10/10/2019 11:09

Upcoming events on GREGGS PLC

MARCH/03/2020 FY 2019 Earnings Release (Projected)

[maywillow] 10/10/2019 10:45

Still strongly supported at 1760p

[philanderer] 10/10/2019 10:36

1500p here we come.

[philanderer] 10/10/2019 10:35

More than offset by a big sale !!

97,655 @ �18.04p

[philanderer] 10/10/2019 09:48

FWIW

Director buy 4952 @ 1840p

[bouleversee] 08/10/2019 20:54

ttid -

The problem is I loaded my truck when you were recommending buy at the beginning of the month and I don't know that I have another 5 years but it won't make any difference to me, just means that my kids and grandkids will get a bit less if they don't recover. Am already overweight in this stock so won't be adding more.

[philanderer] 08/10/2019 20:31

The pound has slumped to its lowest level in more than a month, as hopes fade that a Brexit deal will be struck.




Poll reveals Greggs as the most popular dining brand in the UK

[this_time_its_different] 08/10/2019 19:25

As ben graham says....

Most of the time common stocks are subject to irrational and excessive price fluctuations in both directions as the consequence of the ingrained tendency of most people to speculate or gambl-e... to give way to hope, fea-r and g-reed.

[this_time_its_different] 08/10/2019 19:21

The multiple has to contract as earnings growth slows down, we never should have been at £24, the move up was parabolic. £16 could be the bottom if no deal really is a mess, but a lot is priced in now. Buying at £17 gives a big margin of safety if holding over the next 5 years. Once sterling recovers after no deal, these stocks are going to move up fast.

[davr0s] 08/10/2019 19:19

Now 1/3 off highs so lot more than £ which itself has fallen to levels not seen since last week

[this_time_its_different] 08/10/2019 19:17

£ will go lower for sure, I'm looking at a 1.1 handle. 1.2 will break over the next few days. Will put more pressure on UK domestic stocks for sure, GRG is quality and I'm going to load the truck on weakness.

[philanderer] 08/10/2019 19:10

Weak £

[davr0s] 08/10/2019 19:06

Big move has happened - gone choppy now

[this_time_its_different] 08/10/2019 19:04

It's the nature of the beast, the market gives and takes. Be greedy when others are fearful, I am loading the truck right now, I suggest you do as well. Especially will sterling being higher in 2-3 years from now, GRG is a strong buy.

[bouleversee] 08/10/2019 12:36

OMG! Why such a drop since mid-July?

[maywillow] 08/10/2019 12:21

SUPPORT AT 1768

SO PERHAPS NEARING THE TIME TO BUY but not an easy decision apart from hold
and await some sort of news

Looks like there might be a famine until next year

this_time_its_different
8 Oct '19 - 12:13 - 3673 of 3673
0 0 0
strong buy now surely?

[this_time_its_different] 08/10/2019 12:13

strong buy now surely?

[philanderer] 07/10/2019 12:44

'Vegan bakery triumphant at PETA annual awards'

PETA has revealed the winners of its 2019 Vegan Food Awards, including Greggs, Caff� Nero and Fray Bentos.

[philanderer] 03/10/2019 17:59

Disappointing end to the day for GRG aagain.