http://www.scoop.co.nz/stories/BU170...ln-in-2018.htm
https://www.nbr.co.nz/article/restau...sting-b-204465
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I vaguely recall reading that one of the big chicken producers has had lower profits due to chicken being cheaper, despite increased sales... Tegal, I think? Sorry, I don't have a source.
Still, who does that sound like good news for? I foresee a profit announcement to come in above expectations.
Is it because I'm now more aware of KFC, or does it seem like KFC are absolutely everywhere? Adverts constantly playing on the radio, KFC littered on the floor, supporting sports events, etc.
Anyone who's been watching KFC over the years able to tell me if this is normal or if it's not just my perseption, please?
Last week of Election 2017 and this morning the only positive stock in my portfolio is RBD.
I draw no conclusions (not many anyway).
Looks like very good increase in same store sales both here and in Aus. Gotta be good for the SP. Even PH was up but unfortunately Carl Jr and Starbucks down. But KFC the real star.
https://www.nzx.com/companies/RBD/announcements/307554
KFC is the consistent start in RBD's sky. We now have early signs that overseas KFC acquisitions will turn this star into a constellation. Carls Jr continues to be a bit disappointing, questions must be being asked on it long term. Very good to see Pizza Hut also performing well.
Where to from here is what I want to know
I think they will work on getting more out of the current businesses, maybe streamline the new acquisitions and look at getting rid of Starbucks and non performing Pizza huts so the business looks better on paper. I dont see further acquisitions in the short term. I would really like them to invest a little in a NZ brand to get franchised outside of NZ (as a side project which is funded like a startup). They have the ability to scale fast but I dont think the current team have time to look into that, they going after the big fish. But it still would be nice to get an NZ started franchise owned by RBD
They had a crack at shifting Starbucks back in 2010. I can't think of an obvious buyer, and the country is not short on franchise 'me too' cafes but it wouldn't hurt to have another go now. They could roll out Taco Bell but for some reason, one that has never clearly been explained, that isn't in the plans.
Anyone aware of any information as to the sudden interest today? Up 3.8% to $6.90!
We didn't have to wait that long from your 3rd June 2017 post. RBD touched 7 bucks today. Was that you selling out your 1,667 shares at 2:57pm this afternoon Winner?
It has just listed on the ASX. Aussies recognizing a good thing?
SNOOPY
There thing holding the RBD SP back (in my opinion) is that people are nervous about success abroad. The price is increasing because people are feeling more confident about it, and also I would guess that a listing in ASX would draw investors with less historical knowledge of failures abroad in the old days.
Personally, I can't see operations abroad going any other way than superbly. I think this stock has some upwards drift left in it as people revalue the excellent returns vs increasing confidence in their ability to execute.
Hence I'm still holding this while dividend is great and PE is low. Once PE is high (with investor confidence in operations abroad), and if the growth story no longer exists at that time, then I'll consider selling... But what I'm hoping for is that another year of great returns will go by, and the SP will go up with evidence of excellent execution, and next year there will be new expansion plans in the mix.
It's my largest holding (half portfolio), I'm not buying any more.
Back over 7 bucks
I reckon this time it will push on to 750 / 800
Pity Carl’s Jnr is a bit of a dog.
This hound has tried to like his local dog. When they first opened it was great, enthusiastic staff, piping hot chips and very tasty burgers.
The last four times I have been in recent months its always the same. I get disinterested staff who appear to have low morale, lukewarm fries but the burger is still good.
It matters not whether I bark about making sure the fries are fresh and hot at the time of the order or not, they don't seem to want to understand. Lukewarm fries it is every time and of course I go back up and bark about it then it takes so long to get fresh hot fries the burger is lukewarm.
Is it really so hard to ensure the fries and burger are fresh and hot ?...apparently it is.
The last straw was taking the condiments extra's away so you can't dress up your burger with extra's and oh yes, they put the prices up as well.
Less food for more money with shoddy service and lukewarm fries...no point in me going again, I know how that movie play's itself out every single time...
As for the dog food they serve at KFC..well lets just say I wouldn't feed it to my dogs. Obviously there is money in rubbish, this company proves it !
I have a very small share now in RBD after selling around these levels. A foreward PE of 22 seems very expensive to me and there are certainly some risks.
Anyone have a view on RBD making an opportunistic play for ASX.RFG? They’re certainly getting punished at the moment (and not without reason, but there are some good brands there).