Forum Archive Index - February 2000
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Re: [sharechat] RBD
after a big weekend of late nights full of fun and
frivolity i can reportt htat RBD have had a major
increase in cashflow in the wee hours of both sat and
sun mornings.
--- rebecca bibby <rlbibby@netscape.net> wrote:
> 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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