By Steve Moore | Monday 6 October 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.
Shares in Greggs plc (GRG) are currently approaching 600p on the back of an update that operational improvement initiatives, lower costs and more favourable trading conditions than were expected mean “we now anticipate full year profits to be materially ahead of our previous expectation”. Is this already reflected in the share price or not?
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