Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Guess that much of it is down to footfall in high streets etc with bods mainly working from home. Plus raw material input costs (flour/wheat and other bread based products which they major on). Thanks Putin!
Lower footfall figures in cities and large towns also corroborated by data showing much reduced rail commute travel etc.
On the other hand with price worries thought GRG had a reasonable chance of doing OK as people traded down to save a few bob on a grabbed lunch.
wtf is going on with greggs!
Must be a guilty conscience having all those free shares...
Looks like bought
Has a director bought shares today or just another freebie?
It's all about greedy directors with the snouts in the trough...It's is effectively well connected individuals carrying out non criminal robbery from other shareholders and calling it performance bonuses imho...at least Dick Turpin had the respect to wear a mask when he robbed people, and he was only stealing from the rich...
Freebies, Freebies, Freebies, ...................................... poor genuine shareholders who have to pay their way.
Richard Hutton acquired 8,386 Shares on 20 May 2022 by exercising an option granted pursuant to the Company's Performance Share Plan.
The grant was made at an option price of £nil per Share and was subject to performance conditions which were subsequently achieved in part.
Poor Mr Richard Hutton, his salary is not sufficient, it needs to be complemented with 1000's of FREE shares.
Nobody in the company noticed the decrease of the share price from £28 to £21-£22?!
Also, it was achieved in part, what if it was achieved in full, how many 1000's FREE shares would he have gotten.
So when profitability and the share price go down during the looming recession, he will have to hand the shares or pay the shares back?!
What a CRAP!
They tried it once before when the shares were at £10 and they got their finger burned...I wouldn't be concerned about Blackrock in the slightest. Aimho Adyor!
Black rock on shorttracker seems to have increased its % last week. But the sp is rising? Any thoughts on this?
I assume the performance bonus shares were awarded for driving the share Price down by 50% in the past 6 months.....fair play, I wish I had a bonus package like that. Hey boss I've managed to screw up really badly can I have a £90K bonus, yes of course son, would you like cash or shares? Sausage rolls will do boss.........:-)
https://www.theguardian.com/business/2022/may/11/greggs-feels-heat-from-investors-over-excessive-pay-for-bosses
Input prices will rise but there is no way Greggs will sell products at a loss, prices will go up but modestly compared to most of its competitors as Greggs bakes its own products and is not reliant on other suppliers for a lot of the products it sells. Greggs offers great quality food at affordable prices as seen by the queues in its shops..I think Greggs has a perfect formula in both good and bad times...Aimho Adyor!
I've recommended your last post moniman. I once read a book which claimed that during times of inflation people did more overtime/hours to make ends meet. As such they do not have time to prepare their own food at home and relied more on fast food to sustain themselves. Even though more expensive than home made food, the time saved allowing them to spend the time working outweighs the extra money spent on the fast food. As such I predict GRG to do quite well and I think that the next set of results will be a very important indicator as to the health of the business. It is facing headwinds of heat and wheat so profits will be depressed until these issues resolve. GLA
Millions of working people are too busy these days to bother to make sandwiches, salads or cook themselves a breakfast or bake cakes first thing in the morning etc. Greggs business model is quite simple really, sell great tasting food to the masses at low cost with profitable margins. In these tough times I'm sure people will shop more at the likes of Greggs than other much more expensive food outlets I could mention. I haven't seen any fall in the number of people queuing to get they daily coffee, tea, sandwiches and breakfasts etc at Greegs outlets that I go past in the morning. Greggs seem to be expanding in all the right places, fuel stations, industrial estates small high streets etc etc as seen in their latest 3 month trading update. GLA LTH's. AIMHOADYOR!!!!!!!!!!!!
Is this why vmuk shares have plunged recently surely not , sausage rolls n wine
totally agree
Well £495 million sales in Q1 a record for Greg's but SP still 30% down on 6 months ago....annual sales could be pushing £2 billion at this rate so what's not to like about it..I'm surprised it's that quiet on here?
Greggs are now opening drive thru outlets at key locations across the UK to cater for those on the move. Visited one the other day and trade was brisk. Good strategic move for the long term. GLA
…. Open one of the above accounts and either get a gift of 12 bottles of wine or 100 Greggs sausage rolls :-)
This is on this week’s moneysavingexpert.com weekly email
The timing does not seem to be right according to the current market but the 2 directors who bought must have confidence in the future.That is quite a lump of money they spent.
I thought this would be further ahead in the receivers now, but I guess being dampened by cost inflation and reduced consumer confidence.
I would have thought Greggs would be winning off the more expensive places and whenever I pop in customers are still queuing out the door.
2 Greggs execs inspiring confidence by buying GRG shares today. This has at least £30 in it. Good Luck Everyone.
The challenges of increased costs, including including fuel , raw ingredient and wages are being experienced by all high street food outlets so if the changes at the top of Greggs management perform like their predecessors then the company should do as well ( or badly ) as others but on past performance have done better than most.
I agree this has the potential to achieve £40 , which was where it was heading until a month ago, in the next couple of years.
Ingenuity has been a major key to the success of Greggs and there is no reason to think will change.
Greggs has a sound business plan, loyal customers and a diverse range of outlets. I think it’s external challenges that are the main resistors to the company’s future performance.
In hard times consumers will go for value staples that Greggs is the no.1 retailer. People won’t pay £3 plus for just a cup of fancy coffee at high street coffee shops, when they could get coffee and a cake/sandwich for £3 at Greggs. Greggs also has a huge following for on the go sandwiches, savoury foods and pastries etc at great value. Go into any Greggs at 08.00 and it’s packed with people buying breakfast and lunches… I see this hitting £40 by 2024 in my humble opinion? ADYOR!!!
I see two major headwinds as energy and wheat. The ovens that I've seen in store are electric so the effect might be slightly muted relative to if GRG were using gas ovens. Second, Ukraine is the bread basket of the world. Wheat is exported via huge cargo ships into the Black Sea. The blockade of the Black Sea by Putin's boats have big potential to disrupt supply and increase cost of one of GRG raw material costs. I'm also examining predictions for lean hogs and sugar, another two key ingredients. There are inflationary pressures on wages which could affect operational costs. However, there is also potential for more staycations this summer which means more families purchasing pies, pastries and cakes whilst out during the day. I do see upside potential in the long term. I bought in at 2979p. I may double my holding to average down although I do see reduction in profit short to medium term which will keep share price below it's true value level. Good Luck Everyone.
Yes, a pie in the hand is worth two in the bush…