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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
  25.00 1.11% 2,275.00 2,272.00 2,274.00 2,280.00 2,231.00 2,280.00 171,314 16:35:21
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Food & Drug Retailers 811.3 -13.7 -12.9 - 2,309

Greggs Share Discussion Threads

Showing 4851 to 4873 of 4975 messages
Chat Pages: 199  198  197  196  195  194  193  192  191  190  189  188  Older
DateSubjectAuthorDiscuss
01/10/2020
17:46
Some encouraging signs in my town. Went past a few Greggs outlets today, and there were actually small queues of people waiting to get into several of the outlets. It's the first time I have seen anybody needing to queue to get in. Still, there will inevitably be a limit to how long people are prepared to wait for service, especially as autumn/winter draws in and people have to stand in the cold and wet.
indigocarmine
01/10/2020
10:47
Greggs progress could face new hurdle, says Jefferies Greggs (GRG) sales have improved after a lockdown hit in the summer but further coronavirus restrictions could halt progress, Jefferies has warned. Analyst Andrew Wade retained his ‘buy’ recommendation and target price of £21.75 on the shares, which were trading at £11.75 yesterday. Greggs said it expected sales to be below normal for the ‘foreseeable future’ and hinted at job losses when the furlough scheme comes to an end next month. Wade said the news that like-for-like sales had improved to 76% of 2019 levels was ‘another solid step forward and sufficient for us to leave our full-year 2020 estimates unchanged’. ‘While we are encouraged by the progress in restarting the business, the reactivation of the store roll-out, and the return to net cash, we fear prospective lockdowns may stymie near-term progress,’ he said. HTTPS://citywire.co.uk/funds-insider/news/the-expert-view-boohoo-greggs-and-next-fifteen/a1406649?section=funds-insider&_ga=2.86507928.1406676876.1601545472-406984883.1601545472#i=3
philanderer
01/10/2020
10:09
UBS CUTS GREGGS PRICE TARGET TO 1930 (2105) PENCE - 'BUY'
philanderer
30/9/2020
14:15
The paywall kicked in before I had eaten my fill of his witticisms. I wish I weren't such a coward. Comes of having my fingers burnt too often after dipping them in to what looked like a tasty dish.
bouleversee
30/9/2020
13:54
Greggs is tastier than the City thinks, at least in the long term The food-on-the-go specialist is still opening new outlets despite the pandemic, while demonstrating its ability to adapt HTTPS://www.independent.co.uk/independentpremium/business/greggs-trading-update-sausage-rolls-pandemic-job-support-scheme-redundancie-b696530.html
philanderer
30/9/2020
10:47
Phil, before AML listed I posted an FT article on the AML bb - Beware a prvate equity wolf in sheep's clothing. To say that FT journalist called it correctly would be a large understatement!.
essentialinvestor
30/9/2020
00:24
Could be worse, some bought AML at the IPO @ £19 ..... 52p tonight 😷👍
philanderer
29/9/2020
23:01
Why is Dunkin Brands Group (DNKN) doing so well, can't be down to selling ice cream ? On a YTD chart the diverged around the end of May with Dunkin going up and greggs going down.
spacecake
29/9/2020
20:52
I total agree buy and hold
mano300
29/9/2020
18:58
Had better days. Down the pub tonight until kicked out at 10pm. Then jumping up and down in the street with everyone else drinking booze from the supermarket. This'll all be back to normal in a couple of weeks.
philanderer
29/9/2020
17:30
I've taken a position at these levels, I've seen how fast it can go north with the slightest bit of positive outlook. Buy and hold.
slinkyj
29/9/2020
16:21
Would like to understand where 80% of '19 turnover required for profitability comes from. There is some flex in the cost base so might question that one. Unless analysts are being guided in that direction.
essentialinvestor
29/9/2020
15:55
High street is a bit of an outdated phrase wouldn't you say?
cl0ckw0rk0range
29/9/2020
15:50
Looks as though I'm the only one buying a few.
philanderer
29/9/2020
15:25
But you people won't order a pastie via just eat to the door, besides the fact Greggs would then have to facilitate the delivery they also have to pay justeats exorbitant % fee.
cl0ckw0rk0range
29/9/2020
15:01
So this fella at The Telegraph called it wrong in march. Who's to say he's not calling it wrong again today ? ....
philanderer
29/9/2020
14:31
courtesy of Daily Telegraph , City Intelligence by Ben Marlow Pandemic brings baker's extraordinary roll to an abrupt end. Not even a biblical plague or extratropical cyclone could knock Greggs off course. That was my bold prediction back in March after a rare warning from the baker about the effects of storms Ciara and Dennis, and coronavirus on its piping-hot performance. My thesis was simple: Greggs is a national phenomenon. It has been on a mesmerising run, going from strength to strength over the last decade. Therefore it must surely be immune to even the most extreme events. Indeed, the retailer had just handed every employee a £300 one-off bonus after a “phenomenal year” so surely this would prove to be just a minor blip? What a dreadful call. It turns out the chain is fallible after all. Like all high street businesses, lockdown battered trading but much like our own fragile economy, the shape of the recovery is far more worrying. Three months after reopening all its stores on July 2, sales at Greggs remain a quarter below last year’s levels, prompting what feels like an inevitable threat to hundreds, possibly even thousands, of jobs. The so-called “food-to-go221; market hasn’t quite gone altogether but it’s been battered by the pandemic. If city centres are ghost towns, then airports and train stations are like morgues. Anyone selling take-away food, as it used to be known, to commuters and travellers, has watched helplessly as business has evaporated. Worse, there seems little, if any, prospect of trade bouncing back as long as lockdown 2.0 remains in place. A warning from Greggs that business will remain "below normal for the foreseeable future” will send shockwaves through the rest of retail-land. It was enough to knock 6pc off its shares, leaving them at a two-year low of 1145p. Another way of looking at it is that trading may have found a floor, one that Greggs cannot afford to live with for long, according to Hargreaves Lansdown. The broker says that the company needs to operate at 80pc of 2019 levels just to break even. Yet, after a “challenging” August, sales over the last four weeks are only 76pc of last year’s levels. Cuts to employee hours will help "minimise the risk of job losses”, Greggs said, which is meant to sound reassuring when really it’s just another way of saying: “People will lose their jobs, but we’re not prepared to put a number on it yet." So in the spirit of management’s ambiguity, here’s a crude calculation: if Greggs employs 25,000 people and 800 out of 2,000 shops are affected, that’s 10,000 jobs up in the air. Of course, many employees will simply accept fewer hours, but there will be lots who cannot withstand the financial hit and are forced to seek full employment elsewhere, in the worst jobs market for years and with Christmas approaching too. There’s the odd glimmer of hope: customer seating in larger shops is being reopened; click and collect is now available nationwide; and a delivery tie-up with Just Eat is "progressing at speed”. But as analysts at Shore Capital said: "Greggs, through no fault of its own, has had its world turned upside down." And if Greggs is struggling, we should all be afraid.
mayar
29/9/2020
14:15
Pile it high sell it cheap wont work now.Changes need to made faster.
geraldus
29/9/2020
14:09
Dunno, judging from the activity in the shops near me, I find the trading statement somewhat hard to believe, but others have said stores in their areas have been busy. Personally I'm quite worried for the future of Greggs, but then I'd say the same of most high street retail at the moment. If you think business is picking up for them, then the current price is a bargain. Personally, I think I'll hold off. It's a business that needs high throughput, and as long as these ridiculous restrictions are in place, you're never going to get high throughput. Maybe the Just Eat hook-up will be the saviour, but then how much will the cost of delivery eat into the margins, or will increased prices due to delivery put people off buying.
indigocarmine
29/9/2020
13:53
You think that people will drive for a Greggs "drive thru"? 24hrs maybe?If it was a viable model they would have implemented it years ago.Instead they sell frozen to Iceland.
cl0ckw0rk0range
29/9/2020
13:52
yes a lot of smelly pies can i have some pigs pus on my greggs sausage roll please 12% meat in a sausage roll, 88% other crud, complete filth
albanyvillas
29/9/2020
13:38
Doesn't sound as though you know much about what Greggs offers or does so probably just a shorter/deramper.
bouleversee
29/9/2020
13:14
Click and collect GREGGS? Are people really that desperate for a sausage roll?
cl0ckw0rk0range
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