Re : Greggs / Card Factory8 Apr 2016 13:31
I have bought and sold a few times, now holding to see 400p. This is very similar to Greggs format / strategy, reasonable quality stuff, small stores, cheap and fun products as well as some more upper market products. The more stores they get, the more shopping malls will want them in, so lower rents, as they generate foot traffic for other retailers. They are also KILLING supermarket card sales, as more people use them.
One concern is stock control, as stocks are rising. Even though retailers are usually shuned this stock should be back over 400p.