Greggs Share Discussion Threads

[i like beer] 29/9/2020 06:49

I dont think this will be a short term problem either. I work in a large office and they were very anti wfh. We've now been told even post covid all staff can wfh 50% of the week as company policy. Also more people will switch more purchases to online so less footfall in shopping areas?

[invisage] 29/9/2020 06:48

They are restarting shop openings. You don't expand if things were that bad....Expecting a good recovery here.

[nimbo1] 29/9/2020 06:47

What happens in 6 months the point. Competition bust and greggs stronger imo

[lasata] 29/9/2020 06:44

Results are ahead of broker's forecasts....that is what counts

[debsdowner] 29/9/2020 06:41

Greggs will suffer from reduced footfall due in part to workers told to work from home which means less snacks at lunch time.

The chart speaks for itself.

[lasata] 29/9/2020 06:29

2 1/2% click and collect built up quickly

[spacecake] 29/9/2020 06:28

They have a growth plan and a pandemic recovery plan underway and I see no reason that they won't continue to try and execute them as best they can. They are cash flow positive and are paying the bills, what's not to like.

[trt] 29/9/2020 06:26

Good results in the circumstances.

[invisage] 29/9/2020 06:26

Thoughts? Yea going in the right direction. Better than forecast by brokers.

[lasata] 29/9/2020 06:07

Any thoughts on these results?

[essentialinvestor] 28/9/2020 23:16

Luck for the morning folks.

[tomc85] 28/9/2020 13:06

Absolutely bounced off trend line again. We are in a downward wedge which has to and will break either way shortly which can be seen on the two year chart.
hxxps://www.marketscreener.com/quote/stock/GREGGS-PLC-4001975/charts/#
Gregg's stores look very busy near me and RSI on floor and oversold so i'm betting upwards.

[mano300] 28/9/2020 11:28

This is the time to buy in and hold

[barius] 27/9/2020 19:13

Good news for the NHS though ;)

[geraldus] 24/9/2020 16:43

Gets worse.A bakery near Newcastle has had to close because of Covid.

[philanderer] 23/9/2020 17:21

'Just Eat launches roller skate delivery service with Greggs to beat traffic'

Love Island star Maura Higgins was on hand to help launch the service

[soho2] 23/9/2020 16:26

Even if furlough is extended (which we all hope), there are simply less people going into their shops...sadly

[philanderer] 23/9/2020 12:21

'Greggs confirms consultations with staff over potential job cuts'

Greggs has confirmed it has started a consultation process with staff over possible redundancies as the furlough scheme comes to an end this October

QSRMedia UK

[tomc85] 22/9/2020 20:14

I bought today as looked a good entry point given that it's on the lower trend line and rsi oversold.

[cottlet] 22/9/2020 18:05

This is in a bad downtrend.
Bad timing on my part.
I will sell. And come back when the trend starts going up...Hope it isn't tomorrow.

[essentialinvestor] 21/9/2020 18:13

At least shops are not being forced to close at this point.

[geraldus] 21/9/2020 07:06

Price looking as sickly as a Belgian Bun.