By Steve Moore | Thursday 27 February 2014
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Greggs plc (GRG), the UK baker, has announced results for 2013. After a challenging year, the shares have now fallen back below 500p, giving the company a market cap of just over £500million. The question now is, is there value to be had here or does the outlook remain dreary?
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