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Guest Post Robert Sutherland Smith Greggs Q1 Results is the 4.8% yield safe

Tom Winnifrith
Thursday 6 June 2013

Robert Sutherland Smith is again proving that he is still alive with another guest post. Robert started his City career the year before I was born and is, I think, 157 years old. Fear not. He is very much alive and kicking. He and I have worked together for almost eight years at t1ps.com . He is my friend and he is a very funny and intelligent chap. He is now branching out to celebrate his 158th by doing some freelance writing over  at various places ( including Shareprophets.com naturally) on FTSE 350 Income stocks. Robert is a speaker at the UKInvestor Show on April 5th 2014. He is a great one for focussing on yield. RSS today looks at Greggs. RSS writes:

There is something comforting about Greggs (GRG) the Newcastle based  convenience food company;  as reassuring as Geordies cheerfully tucking  into sausage rolls, whilst sitting astride a cask of Newcastle Brown to the  sound of a brass band playing “Pick ya feet up Geordie Hinnie” – and what  is wrong with than man, do I hear you ask?

The sight of a Gregg’s shop on some British High Street somewhere across the  land, is as reliable a token of our national identity as – at the other end of  the economic and social scale – champagne and hats on Ladies Day at Ascot. And  in my book a Gregg’s sausage roll and a cuppa wins my affections every time.

So it is sad to see that Gregg’s is having a torrid time on the stock  exchange

on TradingResearchPoint | Comments
About Tom Winnifrith
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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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