I still think the potential is here long term. I was reading the AFR around a month ago and there was good article on what the millennials, now grown up and how they are spending money. They are moving away from buying homes and therefore furniture, appliances etc. They are more much more into spending money on travel, healthy lifestyle choices etc..
I think there is a shift happening, Coca Cola is going backwards, Domino's in on the the decline. Unhealthy fast food outlets have peaked. They have been around for as long as I can remember. People are moving towards making better food choices, which the AFR article pointed to.
I think OLI are positioning themselves well for the future. Things will be turbulent for a while, but in the long term. I can see this company continuing to grow.
They coped a big kick up the backside recently, and for all the right reasons. I'm glad this has happened early and lets hope management, will reflect on this..... time will tell I guess.
Placing OLI stores right amongst Macca's and KFC is a master stroke (it's where people already go). They are also buying up the land, which adds to capital growth (it reminds me of that Macca's movie that was out recently) and I heard they are also partnering up with Tesla to have refuel stations at their outlets?? Could be a rumour.
I'm holding, and will look for more opportunities to top up along the way....Go OLI
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