Forum Archive Index - February 2000

[rebecca bibby <rlbibby@netscape.net>]

There has been much debate in Sharechat recently about AQL and other more
speculative stocks which promise to bring big returns at a greater rate.  But
let us not forget the more correction-proof stocks which are currently
available at bargain prices. 
  
Does anyone have an opinion on Restaurant Brands? For the longer-term
investors amongst us, it seems to present good value at its closing price of
$1.36 yesterday.  A couple of weeks ago the stock was trading at $1.69.  

RBD has never been an "in vogue" stock but has always provided good value for
its loyal investors. The company is predicting solid growth and better profits
for the current fiscal year - and with the Labour/Alliance government
intending to increase disposable income for the majority of the population,
this can only bode well for RBD's future success.  

In the last year, the stock has gone from 1.21 to 1.70 at its highest
(normally close to annual results reporting time.  It is probable that the
stock will once again climb from its current 1.36 and even if it only reaches
the same high of 1.70, it is an easy and safe 25% profit.  What do others
think?  Or are we simply obsessed by e-commerce with none of us dining at
Pizza Hut or KFC anymore?   

Cheers, Rebecca
 
(Disclosure: not a RBD shareholder)
 


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