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the SP is already on the bone, if it goes to the 10s it'd offer some good opportunities for decent trades. Also I doubt the likes of TB will sell for less than 50(ish) given his recent trades. I mean...this company survived the most atrocious scenarios, surely with spring/summer/vaccines on the horizon and brexit fixed there is only one way this can go, up!
how can they possibly justify a situation like this is beyond my comprehension, I can only guess that they might want to ride out the covid wave and maybe jump in once the market in full swing, just a thought.
In any case I'd wait before jumping the boat, at 21p, it's an extreme, insane valuation and can easily spike to 50/60 also considering that Tony and other big shareholders have skin in the game. DYOR
Jeez...where does it end? 3/4 of my portfolio (hsbc, bp, lloyds, pru, aviva..) 25% in red ....ongoing pandemic, Brexit on the horizon, I started to wonder whether to continue to drip feed to average down or stop all together until UK PLC (2022??) will become investable again !! :-(
given the status they're in I have a hunch the once they'll open trading this will fluctuate wildly in either directions until a major event for the business will stabilise the situation. A paradise for speculator & co :-(
it's the 8th of September, this can't be real :-(
UK Plc is truly uninvestable right now! I am watching in despair my UK stocks while the likes of Tesla, Apple, Zoom ecc... are exploding ...wondering where the UK stock market is heading to :-(
was the end of August a wishful thinking or can they prolong further?
This company is here to stay
https://www.glasgowlive.co.uk/whats-on/food-drink-news/glasgow-greggs-drive-thru-scotland-18792111
anon3
LOL.... I thought it was just me ... and not just with MRO
what a pile of r@@@@sh! my wife works for Greggs in vibrant location in south London, she acknowledges the slow start but steak bake and vegan rolls are doing great, this will pick up pace in no time. Great company to be invested in.
TB is not the CEO. I don't think he's gonna cash his shares at 20p
mmm.. no institutional buys, lots of small retail trades for now, not sure MM is convinced yet. It will be at the mercy of day traders but should (painfully) reach at least 40s, current valuation is ridiculous.
What difference end of year results will make? We already know that new car market was hugely depressed.
The "self imposed" fca investigation plus other accounting c@@@ ups blew this stock to smithereens. Soon as this is over and new car sales improves the stock will be on the move again.
uhmm...on the descending path again... something else coming up?