Tracking

Saturday, 14 May 2011

Greencore Group

Greencore have got their interim results coming up on May 24th. Their chart for the last 6 months shows that they may be beginning to move upwards prior to that date.After the last results the sp rose to €1.47, however, this was when they were hoping to merge with Northern Foods. There are some broker targets suggesting in excess of €1.35 so the next 10 days will be interesting. I was hoping to top up with funds from VOG but no luck as yet. They are currently paying a dividend of just over 6% and are therefore, better than cash in the bank! I hope their interims are satisfactory.

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