Winner 69 does that mean that their fall has been only 8.5% if this is the case they would have increased their market share but still going down gurgler
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Winner 69 does that mean that their fall has been only 8.5% if this is the case they would have increased their market share but still going down gurgler
Your post is suggesting the same scenario as some beggar saying in Zimbabwe, i am richer than Bill Gates. I just made $100b in one day.
Snoppy. At what point will you say that "Snoppy was wrong"?
I know you love stocks that pay divies but at what price? Unless someone buys out RBD how can this stock go any other way?
NITA, I take it my mate SNOOPY is on holiday in Australia so i will answer for him. Snoopy will never say he is wrong and sell out. He buys more of the same to average down giving him a cheaper average entry price. he accumulates to his losses each time he gets it wrong.
I had some young visitors last friday so told them it was take aways for dinner. I thought out of morbid curiousity to get them KFC just to test their reaction. They all wanted Macdonalds but i told them KFC was better.
The general opinion was that it was YUCK.
I myself thought it was putrid even although i liked the coldslaw and finished up only eating that and the mashed potatoes. The chicken tasted like boiled crow the young visitors made me promise never to go there again. Macdunk
Had KFC for the first time the other day - the chicken was rubbish. Tried Pizza Hut with the rugby the other weekend - thick base with no topping. I will stick to Spagalimis Pizza.
What I find significant with the massive closure of Australian Starbucks is that the incredibly strong Aussie dollar would surely be a beacon of good news to a weak US Dollar based Starbucks....assuming any money was being made?
Historically, global US based companies like McDonalds and Coca-Cola(and I would have thought Starbucks) have been investment havens for a weakening US Dollar and weakening US economy as they all have incredibly strong, vibrant, and growing foreign(Non-US) markets.
Australia is about as insulated as you can get globally from the various economic and financial woes the globe is facing with its immense commodity wealth and diversified economic base.......if Starbucks is pulling the pin the level of my confusion in attemtping to understand what is going on has sunk to an even darker shade of opaque :)
YOU cant compare USA, AUS to NZ mainly by size, So whats wrong in Oz coffee cafes are rare
and the population don't go to these places because its to dam Hot but they are in the mid city locations with 80 odd for AUS you would not see them and shutting 61 is a wipe out leaving about 7 in each capital but the one at Sydney Airport dose a roaring trade.
Rents in AU you cant believe so it is NO surprise to see them GO.
NZ they may trim but will not shut DOWN..
Dr Who to best of my knowledge Starbucks are company owned (Yum Brands) in Australia and NZ is a franchise & Yum Brands gets an income even if RBD is going down the tubes
RBD should buyout Nandos and grow it nationwide. Nandos chickens are the best. BBQ chicken with yummy hot mexican sauce.
The strategy should be to sell off Pissa Hut and Stardust. Buy Nandos so they can have a monopoly on the chicken market. KFC is lower end and Nandos mid level market.
At the moment the only winner RBD have in their stable is KFC. Both Pissa Hut and Stardust are dogs.
I investigated the Nandos model long before it came to NZ. I concluded that it would be too difficult to build a critical mass in NZ due to the price. Maybe Auckland and Wellington, but elsewhere, forget it.
They have found a way around the pricing though, at the Tauranga (Bayfair) Nandos they leave a choice off the menu in the combo's i.e they are shorting their customers without the customers actually knowing it.
KFC is a winner, especially in these tough times when a family can buy a bucket of chicken for less than a bottle of milk, plus bread and a block of cheese.