ignateus ignoramus
05 Mar 2015
£1bn Company Valuation Back at the start of 2011 I predicted that Greggs would be a £1bn Company by 2014/15.And 'lo and behold' it has come to pass - not in the way I thought it would but it has got there 'by hook or by crook'.It's a WOW from me.There does however still seem to be more petrol in this 'tank'.You're better off with G
meatpacker
05 Mar 2015
Re: I'm out! Another bad move by LKH following his dumping of Tesco too early.He used to be a wise old sage……but nowThe packer
YoungAtHeart200
04 Mar 2015
Re: Second Guessing Great results and an excellent divi increase tells me that management are pretty bullish.I still feel that the present economic conditions favour Greggs in a big way, adding to my confidence that future results will also be good.That said, the SP has had a tremendous run and might be expected to come down a bit at some point. (The whole market will tank anyway when Greece defaults/leaves the Euro, IMHO).On balance and on a three year view, this is a Hold for me at present.Best to all shareholders in this fine company,YAH
El Kel
04 Mar 2015
Re: Second Guessing Keep thinking I should take some profits, but they just keep going up,---------- ---------- Good for you, aim.I sold 4 x tranches the other day and I'm now wishing I only off-loaded half, ie, banked all the profit and kept the 'coupon'.Even after today's astonishing 10% sp uplift, you'll still get a 2.3% yield with the increased div.I tip my hat to your more controlled modus.Treat yourself to a slap up meal out tonight!
aimforthesky
04 Mar 2015
Re: Second Guessing Keep thinking I should take some profits, but they just keep going up, currently 141% gain in two years. Initially bought on their record of never reducing the dividend.
El Kel
04 Mar 2015
Re: Second Guessing The results will be stellar but still not good enough for some,---------- ---Ig - stellar and good enough for me...just that I didn't expect them to be THAT good!Even after the sp doubling in 1.5 years, it goes up by over 5% on results day.Extraordinary.I estimated that the market was expecting better results than would be presented but my judgement fell short. Darn.Faith rewarded to those who stayed put even after the recent stellar performance.Well done to you.
ignateus ignoramus
03 Mar 2015
Second Guessing The great second guessing game, whereby punters try to interpret Greggs' remarks concerning trade booming more than those analysts think, will be over tomorrow at 7.00 am.The results will be stellar but still not good enough for some, or is it the case that those sellers just will not be able to believe that the results will keep on improving at that pace over coming years.Until tomorrow.
El Kel
27 Feb 2015
Re: Have they all sold up and gone away ... So, likewise, holding on for the foreseeable, quietly confident.---------- --Hi YAHWell, I couldn't resist banking my profits after a pleasant rise from my 2013 sub 400 purchase.I like grg and will happily buy back in on any softening of the sp.The results next week will make for interesting reading.
YoungAtHeart200
14 Feb 2015
Re: Have they all sold up and gone away ... Yes, they weathered the recession well, while refreshing the outlets and re-jigging their product offering.All this is yielding results, with more to come, no doubt. I can only think that, with falling petrol prices (leaving a spare £15 per tankful in the pocket), subdued inflation generally and gently rising real wages, Greggs stand to benefit from this benign set of circumstances.So, likewise, holding on for the foreseeable, quietly confident.YAH
El Kel
30 Jan 2015
Re: Have they all sold up and gone away ? Well, Ig, I'm certainly still in the game and watching!Was recently wondering whether to sell and bank the handsome profit, or....After a lot of weighing up and prevarication, I am still holding.My reasons are, (i) the final xd is on the horizon and, (ii) the present yield based on today's sp is just shy of 2.5% which is not too shabby.Also, I have faith in the management and the manner in which they have weathered the last few years. The products seem to give the customers what they want. I've never had anything other than a sausage roll every now and then and think they're artery blonking scrmptious.Holding for the foreseeable.
ignateus ignoramus
29 Jan 2015
Have they all sold up and gone away ? Greggs have been doing extremely well of late in the shops and with regard to the share price, and yet it's all gone quiet over here.The Company have been picking up lots of awards, not to mention the Freedom of the Borough.According to the presentation provided at the time of the interimresults, 2014 was a neutral year in terms of the benefits of the 'change programme' and the exceptional charges cancelling each other out.That same presentation showed predicted benefits of the programme to have a £9m profit impact in 2015 with no predicted exceptional charges. What a difference a year makes - transformational with regard to profits.Four analysts/brokers now have either current fair value or target pricesof £8.00 or more, one of them being house broker UBS, which isnot renowned for getting carried away, with the highest target pricebeing £9.80.There's plenty to play for here.
LK Hyman
13 Jan 2015
Re: I'm out! "I've sold all my Greggs today."Unfortunately "today" was 18 December 2013.Looks as if I made a baaaaad call LOL.LKH at the LK Wash & Valet well done Greggs
aimforthesky
13 Jan 2015
Re: doubled my money Has just overtaken LLoyds as my most profitable share, just need Tesco,sainsburys and morrisons to recover from the depths as well as greggs and I shall be retiring a happy bunny.
zulu principle2
13 Jan 2015
Re: doubled my money Great Result skyI've been topped up a few times since my original purchase and again today so my average price is quite high but made 15% in a few months and a dividend.
aimforthesky
13 Jan 2015
doubled my money Well done Greggs, doubled my money since buying at 398 less than 2 years ago, and also a nice 5%+ dividend on my original stake.
