Originally posted by AlCp
Just a correction, I am not sure why I double the outlets, but there were 2500 in total, 1000 domestic and 1500 international start of 2018, they closed around 400-500 outlets this year but likely need to get it down to 1800 by mid next year......
Why do you think they need to close outlets? I would have thought more outlets = more profit.
I'm very interested in this stock, but yet to pull the trigger. For the banks to recover the most possible money they should keep this company afloat. It makes good profit, and could pay back the money within a few years. If they go into receivership the banks will only get cents on the dollar.
I also think a capital raise is out of the question at these prices and such poor sentiment. If it goes badly it would be very bad for RFG. This leaves selling assets... maybe. Or the banks simply cutting RFG some slack on their covenants.
