All this reminds me of..., page-2

There are too many differences between SGH and RFG to compare them. SGH is at 3.00 ish because of a 100:1 share consolidation which has further weakened the share price. At the time of consolidation they were ~4cents. Looking at the SGH chart, they have never gone from 1.00 2.50 in recent times.

I wrote extensively on RFG on 17/12. I stated that although the suite of businesses were franchises, they were solid performers if not stellar. Although not a fan of the franchise model, for reasons stated, I though on the 17/12 that this might level off if they followed some of the options I opined then.

Fast forward three trading days and the situation is much different.

I believe the articles have 'outed' the real story, and so down she goes. Management's attempt to hose down the story has been pathetic, and the releases since Monday have confirmed the worst fears of many.

Any franchisees who thought December trading was tepid will not last til March.
Any franchisees who were under contract to sell will be hit. Contracts will fall over
Every franchisee will see their investment plummet and their businesses worth nothing
No one will touch these brands.

It will really hit the fan should suppliers pull the plug. Or put up prices, or tear up contracts.They need to be paid too.

At the current rate of decline, this will be in admin by Friday.