The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
The CEO needs to go, shares are in free fall, July 31st results even lower, the cold weather as hit and that caused a problem, too much hot weather is the same to Greggs, he has run out of ideas, when it comes to posting profit he makes more redundancies before to long this is another punch taverns.
I wish Greggs every success but they need to get on board with Uber eats if they are going to get in with the new customers who want quick and convience, Greggs are 20 years behind the times.
I'm in this for the long haul, when the price is below 10p I'm buying every month, once we hit oil omg this SP is going to shoot, the CEO has a clear understanding of what's going on and you can tell by his enthusiasm that he knows what he his doing.
Looking at the high street Greggs shares keep taking a hammering, hold investments in cash until �9.60 then buy big. Interim results due July 31st, i think it will keep dropping until then by about 0.5% per day, need some good news to turn this one around, although the supply chain saving plan is on track. Greggs have moved into a lot of places away from the high street with a big push coming on the London underground Westminster tube station doing well. Keep the faith and DYOR
Back in 2015 https://www.express.co.uk/finance/city/470142/Supermarket-Tesco-set-to-launch-fresh-price-war-on-Pret-Manger-and-Greggs. Looking to open their own chain of coffee shops and other greggs related items, why would a business open up their own chain to compete when they could just buy out Greggs with their massive buying power, the only draw back could be there recent acquisition of booker which they may want to see the impact of this purchase before anymore big spending mergers
Looks like the SP is well on its way to recover the earlier weeks losses. This company is saving money through it supply chain making the product cheaper cutting cost pushing up profitability even with the news Greggs are still on for >80million profit with margins of +8% Strategy in place to push through the 1 Billion Turnover mark within the next two years at the latest. This time next year we could be looking at �15.00 for the SP, Big push in the South West on the way and trials on the London underground give this company a strong buy and with increased dividends year on year, its one of the best growth stocks on the market.
Over 6 million value sold after the market had closed, could see a drop tomorrow down to �9.60, this is definitely a share on sale, more shops opening, investment of over 100 million in the supply chain, simpler operations = lower cost base increased profits