Greggs Share Price (GRG)

For me this is a 5 year hold, while Greggs continues to expand its number of profit generating shops, whilst controlling the whole production line.

Dividends are nice at 2%, however think investors must lookahead to when the shop targets are reached and more profit gets rewarded to its shareholders, either in divi or buyback form. The company is most certainly a cash generating machine with most of its cash being used for store expansions.

where they have expanded we see a regular and loyal queue of customers who now use Greggs on a daily basis, for work snacks and lunches rather than the older traditional home made sandwiches. many have commented that they see queues of hardworking council workers at 6am, getting food for the day which is brilliant for product sustainability as its becoming habit changing.

Correct,

Looking far better now but never really in doubt was it?

Might see a revisiting of £29 when those results come through and further with the reinvestment.

I'll be visiting the store tomorrow for my usual tuna crunch baguette and coffee

Patience on this one. It's well on the way back to pre ex divi price. Only a couple of weeks to the trading announcement and expect increases once the dividend is paid and in many cases (including my own) auto reinvested).

A good stock is a good stock.

Wow

I'm now thinking that I should of let the divi go and buy back the other end

Didn't see it coming so far back but knowing my luck, had I done that it wouldn't happen lol

It'll return to form soon enough

You imagine how , when the tragedy happening in the bread basket of Europe , Ukraine, gets settle how Greggs and others may benefit.