Greggs Share Discussion Threads

[km18] 18/2/2022 14:06

...from last year...

Greggs today issued a Q3 trading update, it was titled “Continuing recovery and increasing potential for growth” which is not a bad summary of the state of play. Forward guidance was revised up, more aggressive store expansion is planned, delivery channels are growing. The Strategic plan includes an ambitious target to double turnover over next five years to circa £2.4bn in 2026. The share price liked the message and has spiked up nearly 10%. So do I, management have delivered solid performance over the past 5 years and look set to do the same over the next 5 years. Valuation is average on both forward PE and PS ratios, but not a constraint to further solid share price gains. And the share price has momentum and is trending. Greggs is a BUY...

...from WealthOracleAM

[spacecake] 10/2/2022 09:40

I don't think this Primark thing is the greatest of moves and seems a really stupid thing to do.

Is this a hint at a tie up with Primarks owners, AB Foods

[elpirata] 09/2/2022 10:15

should have gone more upmarket with Ted Baker

[bouleversee] 09/2/2022 10:13

The market seems to have taken a bite which is all that concerns me. Tuck in!

[toffeeman] 09/2/2022 08:59

We Greggs customers will swallow anything :)

[bouleversee] 09/2/2022 04:19

Not sure customers will swallow that but hope it goes well.

[spacecake] 08/2/2022 12:59

Responding to queries about whether they are hinting at instore Gregg's cafes, the company said "we are cooking up something great" and "we can't wait to share it with you… well, not all of it."

[philanderer] 28/1/2022 11:38

HSBC RAISES GREGGS PRICE TARGET TO 3,430 (3,000) PENCE - 'BUY'

[mach100] 14/1/2022 17:07

Agreed the share price is looking a bit crusty. I wanted to sell half just before the update but the shares have been on a roll and I didn't put in the order.my PF has got a stuffing and the odds of a quick reversal of the share price are not very skinny. Food for thought on whether I should cash in my chips here or not.

[chiefbrody] 14/1/2022 11:53

Peobably a switch from over valued growth stocks into the under valued boring stocks.

[bouleversee] 14/1/2022 11:40

The share price is starting to taste a bit 'off'.

[spacecake] 14/1/2022 11:15

The vegan sausage and bean melts are better.

[montyhedge] 12/1/2022 09:53

For research purposes I tried their vegan sausage roll, yuk all I could test was salt. Still students will eat anything.

[red5] 11/1/2022 11:35

I know not much related here but if talks break down between Russia and America then could we see an invasion of Ukraine

[bouleversee] 11/1/2022 10:31

More likely stage protests outside their shops or in Downing St.

[whoopee1] 11/1/2022 10:04

I imagine half of them will go on hunger strike and the other half will start baking their own.

[montyhedge] 10/1/2022 19:19

I see their sausage rolls gone up in price, students won't like that.

[toffeeman] 10/1/2022 15:05

Indeed - bad timing for me - 2500 stop loss....

[red5] 10/1/2022 14:47

Looks like may have a bit more ways to go before a turn.

[red5] 10/1/2022 14:44

Looks like may have a bit more ways to go before a turn.

[toffeeman] 07/1/2022 12:51

I bought back this morning

[bouleversee] 06/1/2022 12:18

The update or the price drop? I haven't read the former yet but the latter certainly is disappointing.

[bouleversee] 06/1/2022 12:18

The update or the price drop? I haven't read the former yet but the latter certainly is disappointing.