Greggs Share Discussion Threads

[olivert] 08/5/2020 21:26

Apparently some shops are open in the Newcastle area during the trial.

The plan is to open all 700 stores by 8 June...

[the white house] 08/5/2020 12:40

A Greggs Buffett...sounds delicious

[gozzie2] 08/5/2020 12:38

Thats true bouleversee .GL

[bouleversee] 08/5/2020 08:12

I'm going to hang on and hope for the best, I think. The management have done well for us in the past and deserve our confidence now.

[gozzie2] 07/5/2020 20:46

Im thinking of buying in just trying to time it right .Buffett that i follow says dont try to do that even he cant do it but i think these will rise then drop as i see footfall drop soon after.These large stores no changing rooms like primark .People working from home but this has big advantages on cafes that will have big trouble .Might be overthinking it lol .GL

[gozzie2] 07/5/2020 20:43

Yes i was laptops broke lol .

[the grumpy old men] 07/5/2020 20:42

Pleased you understood

a capital H will do the trick

i bet you were using a smart fone

[gozzie2] 07/5/2020 20:39

Oh ok sorry waldron .Cheers grumpy .

[the grumpy old men] 07/5/2020 20:35

GOZZIE2
7 May '20 - 14:23 - 4059 of 4064
0 0 0
Whats your point waldron.

HE WAS DOING YOU A FAVOUR BY MAKING YOUR LINKS DIRECTLY ACTIVE TO PRESS ON

[paulof2] 07/5/2020 19:24

Tempted to take up a position here for the first time. I’d be happy if I can get in at 15 think over the long term can’t go wrong at those prices. Also think the moment we hear they are reopening could be a nice tradable jump.

Good luck to those already in

[philanderer] 07/5/2020 19:17

Trading update next tuesday.

[peteret] 07/5/2020 17:03

They still are a great company with solid finance behind them.I have some at £20 and some at £21.When they dropped I bought more at 16 and sold at 18 so not so behind now.Might buy more if they go Lower and do it again.But I don't think they will.As the lock down is eased they will slowly rise.Just hold and be patient.If you have spare cash buy Lloyds at this knock down price and hold that too.

[gozzie2] 07/5/2020 14:30

The guy makes the point if you see a lot of starbucks now you aint seen nothing yet .They will buy up small independants that will go to the wall and come out stronger .It could happen to greggs but short term profits will be hit over 2 million unemployed at least and a lot working from home .A vaccine found happy days but could be at least 12 months away .Anyway thats what i believe .GL

[gozzie2] 07/5/2020 14:26

Short term bouleversee i can only see things getting worse .But thats my opinion .In the long run good companies will do well a lot will go to the wall .Its if you can hold on a couple of years

[gozzie2] 07/5/2020 14:23

Whats your point waldron.

[bouleversee] 07/5/2020 13:53

Anyone selling? Anyone buying?

They were a great company and I am reluctant to sell when the price is so low but nor do I have the confidence to buy more. My whole p/f is shot and I feel like a rabbit caught in the headlights.

[waldron] 07/5/2020 13:38

GOZZIE2
5 May '20 - 14:49 - 4055 of 4056
0 0 0


This virus hasnt gone away theres no certainty on anything atm
GOZZIE2
7 May '20 - 13:36 - 4056 of 4056
0 0 0


Sounds great fun this would do greggs a favour .

[gozzie2] 07/5/2020 13:36

https://youtu.be/S44XEoPn_PISounds great fun this would do greggs a favour .

[gozzie2] 05/5/2020 14:49

https://www.telegraph.co.uk/news/2020/05/05/uk-second-coronavirus-wave-peak-infection/This virus hasnt gone away theres no certainty on anything atm

[sponges] 05/5/2020 11:16

It may be difficult for now for Greggs but when you have a company having to abandon a re-opening of some stores because of they believe crowds will gather and possibly overwhelm their health and safety measures - well when you think of it - that normally only happens to major pop stars - and so when the band gets back together the tickets sales here will sell out in minutes and their album "My Sausage Roll with it" will be number one fora long time ha ha

[muffinhead] 04/5/2020 18:36

Clive Black, analyst at Shore Capital, said: “The coronavirus crisis is a disaster for Greggs. Full-year 2020 will see an earnings and dividend wipe-out. We would expect rebuilding in the years thereafter but with a somewhat depleted balance sheet.

“Indeed, social distancing and behavioural change, less commuting and a decline in employment, could represent a perfect storm for Greggs.”

Greggs closed all of its 2,050 stores on March 24 due to concerns it would not be able to operate safely during the pandemic. It has placed the majority of its 25,000 staff on furlough and been in discussions with landlords to reduce its rental bill.

(Telegraph live)


Clive Black shocker

[philanderer] 04/5/2020 16:24

'Draft post-lockdown workplace rules contain 'huge gaps' - TUC'

......Buzzfeed has seen all seven draft documents. In guidance for hotels and restaurants, it reports that the proposed measures include bar areas, seated restaurants and cafes being kept closed, with all food and drink outlets to serve takeaways only.

[gozzie2] 04/5/2020 15:39

True bouleversee .Im sure you have mate .Stay safe with the virus thats the main thing at the moment .

[bouleversee] 04/5/2020 14:31

That's assuming you've got 5 years.

[gozzie2] 04/5/2020 14:11

I think theres a recession coming that will be quite bad Il be buying into all good companies for the longterm but this will drop in the short term imo .Buy for 5 years not 5 mins .