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Re: [sharechat] RBD Outlook for FY2004


From: "alec" <acp@inspire.net.nz>
Date: Wed, 24 Sep 2003 22:00:41 +1200


Snoopy,
I am unsure how much power one of their restaurants would use, but as a comparison I run two services stations. One 24 hr site has had a power increase from $22k pa  to $29k pa over the last 18 months. The other 18 hr site has had an increase from $14k pa to $20k pa. Different contract times and companies, but it is fair to assume that RBD will have had at least a 10% increase in power.
I am running chillers and air conditioning but my floor area would be smaller than theirs. I do have extra lighting costs on the forecourt (approx 8 kwh) but don't have the cooking cost of running vats etc. Petrol pumps are all pressure systems that consume approx .3kwh over a 24 hr period.
I think their energy costs will be quite substantial and increases over the last 18 months will have taken there toll. Predicted rises will also have an impact.
That said I believe the problems stem from a complacency that had crept into management at most levels. Having a director involved in the business is for the most part a good thing. Vicki Salmon has proved herself capable before so we shall wait and see whether pizzas and chicken are as easy to organise as proteas and roses.
I have been waiting for the entry point on RBD for a while but have funds tied up elsewhere for the next few months. I hope I will still be able/want to invest then
cheers
 

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