Framework Journal · one stock, one dated entry

Recorded 2026-07-19 · Permanent

Greencore Group plc GNCGY

Clears both ethical standards

An entry written while the outcome is still unknown. It will be scored by what the market does next, and it will never be edited to look cleverer than it was.

The label
Distribution

read at $10.50

Greencore Group plc holds its Distribution at $10.50.

PHINPOOPSC
  • PHPhase · the trend structure carries the Distribution label
  • INInsiders · no filings inside 60 days, left as found
  • POPositioning · no disclosures inside 60 days, left as found
  • OPOptions · no verdict drawn today, left as found
  • SCScreen · passes the values gate
  • edge confirmed
  • edge broken
  • edge forming

Each arm is one independent read. Conviction is not a single call, it is how many edges converge.

The investor read · the season, not the day

As held on the ledger · 2026-07-19
PhaseDistribution · caution
Quantitative stateThe statistical read favours the sellers, held for 39 days
Price$10.50
Valuation95.45 trailing · N/A forward price to earnings
Values screenPASS
Beta0.82

The business, in plain words · what the numbers mean

The fundamentals · plain-English read
Trailing P/E95.5x
expensive — the price assumes strong growth ahead
Revenue growth43.0%
growing very fast
Profit margin0.3%
barely profitable
Return on equity0.3%
a modest return on shareholder capital
Debt to equity0.80
moderate, manageable leverage
Current ratio0.74
below 1 — short-term bills exceed liquid assets
Beta0.82
steadier than the market
Market cap$2.1B

The risks · The main risks here are ordinary market swings and the chance our fair-value read proves too optimistic.

Plain-English interpretation of our own screen data. Analysis, not advice.

Related securities · others in GNCGY's space worth a look

Screened names in the same industry · explore each on its own page.

Where & how to trade · wherever in the world you are

GNCGY trades on PNK. As a US-listed security it is accessible through almost any international broker offering US markets. New to this, or investing from outside the US? Our guide to accessing global markets covers brokers, currencies and the practical steps.

The trader read · the latest dated commentary

The framework has shifted from markdown to distribution since the last review. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved up 1.8% since our last review. Ethical screening: PASS with ethical screening pending. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is sitting below its long-term trend line with momentum reading overbought. Over the past year the shares are down 16%. Our forward projection puts the odds of a 10% gain over the next month near 28%. Entered 2026-07-31 · Distribution

The dated journal · newest first, never edited

2026-07-31 Distribution · changed $10.50 +1.8% Entry 4

The framework has shifted from markdown to distribution since the last review. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved up 1.8% since our last review. Ethical screening: PASS with ethical screening pending. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is sitting below its long-term trend line with momentum reading overbought. Over the past year the shares are down 16%. Our forward projection puts the odds of a 10% gain over the next month near 28%.

2026-07-18 Markdown $10.31 +0.0% Entry 3

The framework reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 0.0% since our last review. Ethical screening: PASS with ethical screening pending. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is sitting below its long-term trend line with momentum reading overbought. Over the past year the shares are down 16%. Our forward projection puts the odds of a 10% gain over the next month near 28%.

2026-07-03 Markdown $10.31 +0.0% Entry 2

The framework reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 0.0% since our last review. Ethical screening: PASS with ethical screening pending. The risk-adjusted return profile shows good risk-adjusted returns.

2026-07-02 Markdown $10.31 Entry 1

The framework reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Ethical screening: PASS with ethical screening pending. The risk-adjusted return profile shows good risk-adjusted returns.

Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.

What holding actually paid · price plus dividends

If $1,000 had been placed · historical, not a promise
PeriodPrice thenPrice returnDivs per share$1,000 becameTotal return
1 month $12.63 -18.4% · $816 -18.4%
2 months $12.63 -18.4% · $816 -18.4%
3 months $14.10 -26.9% · $731 -26.9%
6 months $13.00 -20.7% · $793 -20.7%
1 year $12.23 -15.7% · $843 -15.7%
2 years $8.42 +22.5% $0.10 $1,236 +23.6%
3 years $3.99 +158.3% $0.10 $2,608 +160.8%
5 years $7.87 +31.0% $0.10 $1,322 +32.2%

Historical returns from market close data. Past performance does not guarantee future results.

This entry now belongs to the ledger. Whatever GNCGY does next, these words stay.

Greencore Group plc · GNCGY · Distribution · $10.50
Recorded 2026-07-19 · before the outcome · scored mechanically

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