At this price RBD is ripe for a takeover.
Hmmm, Telecom at $4, well reality bites.
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At this price RBD is ripe for a takeover.
Hmmm, Telecom at $4, well reality bites.
Deev 8 i never said get out of telecom. don't own them, don't follow them. you must be thinking of another log in.
i have been saying get out of RBD ever since they were a 2$, had them, sold them, got out.
Also i know the full in's and outs of the company and they have gone no where since then.
Only down in price and over time, backwards in all areas of their business.
with a share market going up these would have to be the biggest dog listed. also no one is going to buy them out either because consumer eating patterns are high risk and along with their health. Even south auckland families and their kids are been educated to stop eating KFC chicken and they are the biggest consumer in nz of it.
you do the math sunshine.
All i know is i got out at 2$ and are never going back.
LMFM
Quote:
quote:Originally posted by Deev8
Just for the record, were you also one of the people telling everyone to get out of Telecom at $4? - as I recall the feeling was that Telecom were also so screwed it wasn't funny.Quote:
quote:Originally posted by leanmeanfightingmachine
i would just like to say that i told everyone many a time to get out of this shocker of a company. i just hope some of you listened.
they are so screwed it's not funny.
OK - thanks for the clarification.Quote:
quote:Originally posted by leanmeanfightingmachine
Deev 8 i never said get out of telecom.
Is this relevant to Starbucks in NZ?
Starbucks drops growth hormone
Starbucks is ending its use of milk products that contain an artificial growth hormone, starting in much of the Western US and New England.
Starbucks said it had begun buying only milk products without bovine growth hormone in those areas.
Another exciting sales update today ..... based on this and the pretty dismal underlying trends and general performance I wonder what any prospective buyer would want to pay .... even if highly leveraged
WHERE would we be without our KFC.. [8D]
We will have less obese people. :DQuote:
quote:Originally posted by BRICKS
WHERE would we be without our KFC.. [8D]
THAT`s not TRUE.. [8D]Quote:
quote:Originally posted by Bling_Bling
We will have less obese people. :DQuote:
quote:Originally posted by BRICKS
WHERE would we be without our KFC.. [8D]
Some of the numbers weren't too bad but alas, this perennial laggard has once again proved it's pedigree. I'm not yet totally convinced by the KFC turnaround a line but it's a nice story. KFC has disaapointed for years. Pizza Hut seems to have no clear answer for competition. And Starbucks is just not very interestting - it doesn't deliver scale, profits or growth to any great degree. These guys need some new ideas... hopefully it isn't to buy something.Quote:
quote:Originally posted by winner69
Another exciting sales update today ..... based on this and the pretty dismal underlying trends and general performance I wonder what any prospective buyer would want to pay .... even if highly leveraged
I know we should look forward instead of back but ....Quote:
quote:Originally posted by Halebop
Some of the numbers weren't too bad but alas, this perennial laggard has once again proved it's pedigree. I'm not yet totally convinced by the KFC turnaround a line but it's a nice story. KFC has disaapointed for years. Pizza Hut seems to have no clear answer for competition. And Starbucks is just not very interestting - it doesn't deliver scale, profits or growth to any great degree. These guys need some new ideas... hopefully it isn't to buy something.Quote:
quote:Originally posted by winner69
Another exciting sales update today ..... based on this and the pretty dismal underlying trends and general performance I wonder what any prospective buyer would want to pay .... even if highly leveraged
..... annual KFC sales hit $182M .... great effort but jeez they were $177M at the turn of the century ..... not even 1% pa growth .... inspite of all the investment and hype
Thats even less than the rate of population growth and far less than the 8%pa growth in the cafe/restaurant/takeaways retail sector overall. The KFC offer is obviuosly becoming less attractive year after year to the broader market.
The current hype is alls fixed and only blue sky ahead from here ..... but can you see this really happening with current offer / management etc
RBD is not the only retailer of food in NZ its very competitive it could be worse like Cob & Co next door it had NO customers today how do you think they feel, just like the car salesmen we meet this week when buying a new car they fall over getting to you so for RBD to t/o $185m it is GREAT.. [8D]
The thing with benchmarking is that it is only useful to benchmark against average and good performances. Benchmarking against bad performance makes anyone look like a genius. There are two things that are no good to me as a long term investor: Performance below average and negative growth.Quote:
quote:Originally posted by BRICKS
RBD is not the only retailer of food in NZ its very competitive it could be worse like Cob & Co next door it had NO customers today how do you think they feel, just like the car salesmen we meet this week when buying a new car they fall over getting to you so for RBD to t/o $185m it is GREAT.. [8D]
Total reported takeaway sales for the last 10 quarters in New Zealand (Source: Retail Trade Survey Statistics New Zealand) have averaged roughly 11.1% growth on the same quarter in the prior year. In comparison, RBD has averaged -0.1% (that's minus) "Growth".
Here's a couple of charts you won't see in an RBD annual report...
http://img211.imageshack.us/img211/8...lysalesfx4.jpg
http://img68.imageshack.us/img68/5763/rbdgrowthbq1.jpg
Pretty pictures always make things easier to see. Perhaps things could be worse than bad for RBD?
Thanks HB
Here's another chart you won't see in RBD annual reports. This is a comparison between the average market performance and that of RBD expressed in terms of percentage gain or loss over the last 5 years.
http://h1.ripway.com/Phaedrus/RBDndx310001.gif
Good stuff Lizard ..... easy for all to see what i was trying to say last night
Yes they do sell $300M of stuff every year but as your chart shows RBD going nowhere whereas NZers are going gangbusters spending more and more at takeaways etc .... ie RBD are getting a declining share of total spend
RBD are in a growth sector but they are doing badly relative to their competitors (not just pizza but chicken as well) .... thats what the big picture is showing
OK to some extent if RBD holding sales but were expanding margins through price, mix and efficiency gains .... but they are not even doing that
Good stuff Lizard
Phaedrus - amazing chart
But you overlook the fantastic dividends over the years ...... opportunity cost doesn't come into it does it?
Go to the top of the class for that one.:D:D:DmacdunkQuote:
quote:Originally posted by winner69
Phaedrus - amazing chart
But you overlook the fantastic dividends over the years ...... opportunity cost doesn't come into it does it?
AS RBD is on the NZX please tell me which other company can we BUY fast food shares in so we can compare charts and bar things where we can put our MONEY but only NZX.. [8D]
Well Bricks I'm not sure about your broker but mine can get me shares on other exchanges too. Perhaps the lack of NZ listed alternates is why RBD appears to be such a winner by your benchmarks?
I'm more interested in buying winners than specifically buying shares exposed to the takeaway retail segement in any case.
Do you mean public or private BRICKS?