Just wondering if the recent fall in Greggs has been overdone. Being based in the north-east,they still maintain market superiority. Some of the staff I have spoken to seem to be getting all the overime they can handle and one of the major local rivals, Peters (70 stores in the area), has been closed for the last few days due to a fire at their distribution centre.

Any thoughts welcome

Thanks for your reply CM,

A fairly reliable outfit In general it would seem, but good job I didn't buy yesterday as they are still falling today (50p when I last looked).

I shall watch It with Interest.

SP now on It's way back after the recent drop by the looks of things.

Looks like a good buy to me [as are the Hot Sausage Rolls]
Rob 27/3/06

Greggs popped up on my share screener, based on the strong historical revenue/ profit/divident trends, net cash and the low p/e. A solid performer and possibly a take-over target for someone looking for a strong retail platform to 'up-date' the Greggs food offering?

Just looked at their chart, Bl***y hell these have bounced back well.

stan, bounced back on the back of restructuring announcement and has kept going

Thanks Fundy, missed a whole lot of info this summer.

Its not one i follow closely Stan but was looking to short it earlier in the year but missed the boat but it still sits in one of watchlists. not sure how much further it can go at least not without a short term pull back

I bought into these earlier in the week - latest Trading Statement - from the 13th.

PRELIMINARY RESULTS FOR THE 53 WEEKS ENDED 2 JANUARY 2010



Pre-tax profit up 8.0% to 48.8m (2008*: 45.2m)

Sales up 4.8% to 658m: like-for-like sales up 0.8%

Diluted earnings per share up 11.1% to 34.0p (2008*: 30.6p)

Dividend per share up 11.4% to 16.6p: 25th consecutive year of dividend growth

Completed programme to create a simpler and more focused business

Created single brand and harmonised product ranges across UK

Beginning programme of accelerated expansion: 50 - 60 net new shops in 2010

Just me then!

not really .... i don't hold these, but i certainly saw at least one positive article about this bakery group several weeks ago ..... too late now? - hard to tell

I've sold half my holding @486

I bought about 7mths ago doing nicely now......will they keep going up ???????????

I bought about 7mths ago doing nicely now......will they keep going up ???????????

I bought about 7mths ago doing nicely now......will they keep going up ???????????

I bought about 7mths ago doing nicely now......will they keep going up ???????????

I bought about 7mths ago doing nicely now......will they keep going up ???????????

Interim Mangement Statement.

CONTINUED RESILIENT PERFORMANCE


The Chairman, Derek Netherton, will deliver the following Interim Management Statement to shareholders at the Annual General Meeting to be held in Newcastle upon Tyne later this morning.


"I am pleased with our year to date performance in a trading environment that remains challenging. For the 18 weeks to 8 May 2010, total sales increased by 2.6 per cent and like-for-like sales by 0.6 per cent, consistent with our expectations of marginally positive like-for-like sales growth over the year. This has been achieved against our strongest period of like-for-like sales in 2009. Overall costs to date are in line with our plans.