RBD - Restaurant Brands

[winner69]

That's a conservative description, "SP drift", now 84% down from ATH this has destroyed untold capital and the market seems totally unconvinced that there is any hope for RBD with the solid SP downtrend continuing forging new lows!

Unbelievable really. Your mention of 2012 is poignant for me, as it was when I bought in, although I did move onto other things some years later. Since ATH August 2021 I've been watching and wondering how low can this go.

It was really cool riding RBD from under $1 to its highs and even better taking the profits in 2022

I also had SUM from their early days and often said ‘I’ve made more dosh from greasy chicken and chips than from a retirement village’ ….. didn’t seem right

It started going all wrong when that outfit took 75% of RBD and pressed ahead with global expansion.

[Rawz]

It was really cool riding RBD from under $1 to its highs

I also had SUM from their early days and often said ‘I’ve made more dosh from greasy chicken and chips than from a retirement village’ ….. didn’t seem right

You looking for another ride? Or not yet

[winner69]

You looking for another ride? Or not yet

Can’t see another ride on the horizon Rawz

RBD was always overvalued …even when it was $1 but sentiment kept getting better as share price keep going up. At the moment not cheap and I can’t see punters getting too excited in the future.

I also have bad feeling that the CEO and CFO put in by Grupo Finaccess have an agenda where minority shareholders aren’t top of mind.

[Sideshow Bob]

Snoop Dog - are you still holding??

[Snoopy]

Snoop Dog - are you still holding??

Yeah still here Bob, with my residual holding of 'free carry'. When I get time I will say something sensible. But right now I have some bigger fish I am frying, which requires the full attention of this chef's hat.

SNOOPY

[winner69]

Updated old stuff.

NPAT trends over the years below. Takebout one extraordinary year hardly inspiring ……in context of sales doubling over recent years

Maybe different picture when sales reach 2 billion

I,’ll just keep watch in meantime