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Re: RBD
Haven't researched this organisation, however,
Stephen's observation is one of many key
factors in analysing market (stock) potential.
Perhaps RBD shareholders, as
part-owners, could be asking the organisation about their
long-term plans and strategies to capture greater market share and
steward their investment.
Cris
----- Original Message -----
Sent: Wednesday, September 24, 2003 8:32
PM
Subject: Re: [sharechat] RBD Outlook for
FY2004
On Wed, 2003-09-24 at 19:36, tennyson@caverock.net.nz
wrote:
> Can anyone
> construct an argument to show why I
*shouldn't* be investing in RBD at
> this price? I
couldn't, which is why I topped up on RBD at $1.25 just
> the other
day.
Would a little anecdotal evidence help? I live and work in
central
Wellington.
There are only three Starbucks in central
Wellington: Willis St, Lambton
Quay, and the Reading complex. They do not
seem to be heavily
patronised. The smaller standup joints - Fuel and their
imitators - seem
to be doing a much better business. You don't see many
discarded SB
takeaway cups compared to Coffe Supreme, L'Affare or
Havana.
Now the Wellington CBD must be one of the heaviest
coffee-consumption
areas in New Zealand. I honestly would have expected
Starbucks to be
everywhere by now, and I am a little perplexed that they
aren't. Perhaps
Wellington consumers are fussier. I would be most
interested to know how
Starbucks is doing in the rest of the
country.
And their ad campaign on the buses is cringe-inducing. "Your
happy
place"? To me "in his happy place" means "suffered a nervous
breakdown".
Disclaimer: coffee
snob.
Stephen
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