36 days ago
A bit of excitement for commodity stocks (again!) and even the pound this morning, but otherwise a quiet Monday morning start for the UK markets. A couple of share price winners I notice are Hotel Chocolat (HOTC) and Greggs (GRG), where if you have been holding either stock over the last year…then you have done rather well. Let’s start with Hotel Chocolat.
259 days ago
Loads and loads of regulatory news updates this morning but I must admit nothing that really strikes me as worthy of a standalone article. For example, AA plc (AA.)…
265 days ago
Hello, Share Troopers. The biggest bakery hit of all time (in this household) is the Greggs (GRG) veggie sausage roll. They’re as tasty as heck, cost an easily handed over £1 and they’re nearly always sold out. Given a crafty publicity exercise, they became hugely popular. And due to their culinary excellence, they’ve remained so ever since. Last year, the innovation helped Greggs to revise profit forecasts upwards five times in a row…
364 days ago
If you happen to be in my company and the conversation - for whatever reason - turns to Greggs (GRG), then I can guarantee you that you will learn three things. First, despite 98% of the time being a pescatarian, I am just a little partial to one of the original (non-vegan) Greggs sausage rolls and the other two stories relate to my last few months as an institutional investor which you can read HERE. I have not owned Greggs shares for quite a while and to be honest I do not have a particularly strong view either way today. However, its update out earlier was insightful at a number of levels...
630 days ago
Just one guest in this week's show, which is sponsored by Yorkville, the bear raider Lucian Miers who has been doing due diligence at the coal face on the cannabis market. We discuss pot stocks and GW Pharma (GWP) in particular, the We Work flop and its macro significance, Versarien (VRS), Sirius (SXX), Tesla (TSLA), Purplebricks (PURP) and Greggs (GRG).If you like this and can't wait seven days for more of the same you should listen to my Bearcast every day.
830 days ago
Hello, Share Reachers. In my more angry past, I have criticised Greggs (GRG) the baker, for having too much coloured icing confections in its window. Not that good for kids, I thought. But as one of the original (almost) vegetarians, I applauded its big market drive to introduce its vegan sausage rolls. And what a difference that’s made to its P&L! The company says that sales rocketed by a tenth in the first seven months of this year.
846 days ago
Following a trading update yesterday which helped the shares up from circa 1600p towards 1800p, shares in “the leading bakery food-on-the-go retailer in the UK, with over 1,950 retail outlets throughout the country”, Greggs (GRG) currently remain above 1750p following research updates…
888 days ago
Another day, another bunch of trading updates to review…
927 days ago
A number of trading updates caught the eye this week, but perhaps none more so than Greggs (GRG) and Thomas Cook (TCG). In terms of market reception, the two couldn’t be more different; while shares in Greggs soared, the price of Thomas Cook shares plummeted. In this week’s issue we cover current tipster and broker sentiment towards both UK firms.
980 days ago
The world has turned upside down. Today's trading update from Greggs (GRG) contains the observation that: 'As testament to the increased breadth of our product range, we were recognised at PETA's 2018 Vegan Food Awards and were awarded the 'Best Vegan Sandwich' for our Mexican Bean Wrap'. I know the steak bake fraternity must be revolving in their early graves but I kind of see this as the high point of the turnaround plan at the core of the Greggs story for the last (just under) six years.
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