I too have seen quite a few of their franchisees close their doors. But it really comes down a lot to the individual store owners; how they choose viable locations, how they market and how they manage their business, etc. RFG just provides the platform and brand for them to build with. Have you ever heard the saying "95% of businesses fail within the first year" (likely higher). It doesn't matter whether those businesses are franchised or build their own brand - it's still a big risk building a business. I think a lot of people look at a franchised business the wrong way - it's not necessarily easier than building your own brand in many ways as you have to follow guidelines based on the 'brand' you are using whereas if you make your own you have full control. But that's the price you pay to be associated to a pre-existing / relevant brand - pros and cons.
I think RFG will float around the $7 level for awhile. There's a lot of positive momentum and the new synergies with the manufacturing/distribution should really enhance the RFG business model all-around and I anticipate these synergies to really support a strong result next year. Personally I'm in no rush to sell (or buy) at these levels. If it drops below $7 I'll likely consider accumulating. But with a strong div it's an easy stock to hold and enjoy the ride .
- Forums
- ASX - By Stock
- RFG
- Rapid growth covers up a lot of mistakes and failings
Rapid growth covers up a lot of mistakes and failings, page-5
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RFG (ASX) to my watchlist
(20min delay)
|
|||||
Last
7.6¢ |
Change
0.004(5.56%) |
Mkt cap ! $186.6M |
Open | High | Low | Value | Volume |
7.3¢ | 7.6¢ | 7.2¢ | $504.3K | 6.768M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 732880 | 7.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.7¢ | 597329 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 732880 | 0.075 |
1 | 13375 | 0.074 |
3 | 194485 | 0.073 |
1 | 13750 | 0.072 |
1 | 28169 | 0.071 |
Price($) | Vol. | No. |
---|---|---|
0.077 | 572329 | 6 |
0.078 | 300173 | 6 |
0.079 | 147832 | 5 |
0.080 | 758384 | 13 |
0.081 | 474000 | 2 |
Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
|
|||||
Last
7.6¢ |
  |
Change
0.004 ( 3.26 %) |
|||
Open | High | Low | Volume | ||
7.3¢ | 7.6¢ | 7.2¢ | 5920873 | ||
Last updated 16.10pm 14/06/2024 ? |
Featured News
RFG (ASX) Chart |