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(GRG) Greggs share chat - The road to recovery

Discussion in 'General Share Chat' started by Jon Holden, May 26, 2015.

  1. Jon Holden

    Jon Holden Demi God of BlueShare

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    First invested in May 2013 when the sp was a little over £4. It now sits at £11.80 so I thought it was time I got a few for my ISA. That will be the kiss of death if I'm running true to form.
    But I believe this is a good recovery play with plenty still to make. The change in focus of the business is bringing in the cash so it is all to play for.
     
  2. ShortTracker

    ShortTracker Auto Post Alert

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  7. ShortTracker

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  10. Graham Hacker

    Graham Hacker Moderator Moderator

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    Well if you are still in Jon you've made a few bob! I invested a week ago and of course pleased with the rise. There's a future in this share and I like their approach and product (having bought a few cheap rolls!), and their reluctance to take on significant debt :)
     
    bentley15 and Bristol87 like this.
  11. Groucho

    Groucho Member

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  12. Bristol87

    Bristol87 Demi God of BlueShare

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    I bought at the share price peak and sold today minus 20%. Surprised how badly the weather has effected sales. Expect managements statement of level profits to be on the cautious side and this will regain value at end of year update but I decided there’s better opportunities elsewhere.
     
  13. Groucho

    Groucho Member

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    83FC4D5C-3B75-4126-9D0B-1EFA7D5B491C.jpeg
    Shares Magazine 14/2/19
     

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