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Share Name Share Symbol Market Type Share ISIN Share Description
Greggs Plc LSE:GRG London Ordinary Share GB00B63QSB39 ORD 2P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  30.00 1.32% 2,305.00 2,308.00 2,311.00 2,322.00 2,279.00 2,300.00 293,535 16:35:06
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Food & Drug Retailers 811.3 -13.7 -12.9 - 2,339

Greggs Share Discussion Threads

Showing 4676 to 4698 of 4975 messages
Chat Pages: 199  198  197  196  195  194  193  192  191  190  189  188  Older
DateSubjectAuthorDiscuss
28/7/2020
15:07
I'm not sure what people were expecting, the shops were shut for the majority of Q2 and their net cash was burned through, as was clear from previous statements. Bemused if anyone expected something different.
essentialinvestor
28/7/2020
14:54
I could do with a few as well, Phil, after reading those results and seeing the effect on the share price I'm talking about drinks, of course Perhaps Greggs will come up with some healthy, weight reducing recipes to endear themselves to Boris & Co. and latch on to the required healthy lifestyle trend. Now sitting on a thundering loss in my ISA and over £600 in Greggs dividend not coming my way this tax year(along with countless other cancellations) I can't say I feel tempted to add, having done that with Carillion and others when they were down, only to compound the loss. Absolutely no chance of recovering losses in my lifetime but what the heck.
bouleversee
28/7/2020
14:08
Greggs weighs up job cuts when furlough scheme ends HTTPS://www.theguardian.com/business/2020/jul/28/greggs-loss-coronavirus-sales-social-distancing
philanderer
28/7/2020
13:10
Ok so this is now at Covid start lows thereabouts. We are now in a recovery and good recovery by the looks of it. Learnings taken. Us Covid flattening out. This will see the recovery like from March again. Imho as we approach autumn the events dragging shoppers out like Halloween, Black Friday and Xmas will see hungry shoppers treating themselves with value snacks.
slinkyj
28/7/2020
11:26
Phil, think they will need to remove some costs next year from the business, they have flexibility to do that.
essentialinvestor
28/7/2020
11:25
EI , I've had a few and so has my wife this morning but then again she always does after every results. She's been doing this since Greggs floated :-) Greggs sees 'encouraging' sales recovery https://www.bbc.co.uk/news/business-53565881
philanderer
28/7/2020
11:15
Hi Phil, thanks for the view. We dipped under £14. I'm not adding any more for now, might be a prospect for 2021
essentialinvestor
28/7/2020
11:07
Horrid loss. Wouldn't buy until there's some light at the end of the tunnel.
smurfy2001
28/7/2020
10:46
Morning EI. Whatever else this virus has given us it's given us plenty of time to think. Main one being I reckon is to reassess our values. It's a life changer for sure. A vaccine if it ever happens is just that, it's not a cure. The existing winter flu vaccine improves chances by 20% according to figures so covid is not going away. Confidence in a good proprtion of society is shot to pieces. It's a matter of adjusting which will take a while , maybe a generation ?
philanderer
28/7/2020
10:31
Bloody hell Phil that's a cautious outlook.
essentialinvestor
28/7/2020
10:30
Sell on the news I suppose. I can't see anything returning to pre covid levels in my lifetime , twenty five years if I'm lucky. But the thing I am finding is that I've got much more spare cash these days. No travel / leisure spend anymore so a few quid down on some shares is not going to do much damage to the finances. Happy to hold shares in a few well run companies as a hedge if I've called it all wrong. And GRG is one of those. FWIW ShoreCap retaining their 'sell'
philanderer
28/7/2020
10:18
GRG is a old friend (being a geordie)and living not 50 meters away from Mrs Gregg, great family, wonderful people, however these figures don't look good at all. i can see £10 be retested in the short term, i went short today - best wishes to you Longs - if £13's breached, then a fall to £10 is deffo on the cards.
rescuer
28/7/2020
09:56
I thought below £14 would be seen again as mentioned last week. After that think it depends on if there are further lockdowns etc. In December 2018, the GRG share price was about 15% Below this morning's level. Pre COVID, pre recession and when the Company had a net cash position.
essentialinvestor
28/7/2020
09:51
A few negatives: 1/ The big loss, 2/ Shops closed for most of the second quarter 3/ Temporary financing arranged through Covid Corporate Financing Facility (CCFF)and 4/ The possibility it will be forced to improve the content of its products for health reasons. This won't help to maintain the share price where it is now until improvements in profit and cash flow is flagged up. Not surprised to see the share price going below the support of £10 as sentiments will not be positive for a while especially if a second wave starts in the UK. So as far as I am concerned, up to Christmas, I wouldn't touch it.
fuji99
28/7/2020
09:12
I've made a similar point and hold a small amount, but need to be realistic. Greggs never got cheap, even at the March low. Would expect they will need to remove costs from the business, but that will probably be put on hold until 2021.
essentialinvestor
28/7/2020
09:10
I am generalising here, but in rough terms, their share price was around £10 when they were making £60m profit a year (2015-2018)and had a net cash position. Fast forward to now and they had a profit loss of £65m in half a year, they have triple digit (m) debt and there is no immediate signs of a return to normality.
lyndon b
28/7/2020
09:02
I was expecting worse so had factored even worse into dropped price up till now
slinkyj
28/7/2020
08:41
they are not better than expected though are they?!
scepticalinvestor
28/7/2020
08:37
Better than expected results considering. I'm happy
slinkyj
28/7/2020
08:23
The average Greggs customer is overweight and in danger of getting type 2 , and if covid comes back big time then yes this is finished !! Start eating proper food .
jotoha2
28/7/2020
07:57
Gov to tackle obesity not good news for greggs greasy junk
onjohn
28/7/2020
07:56
Wait till furlough ends Wait till rate holiday ends This is finished
onjohn
28/7/2020
07:51
The time for eating greasy rubbish is over , Greggs have had their time in the sun.
jotoha2
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