Why so little discussion?, page-9

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Fishman_84

35 Posts.

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17/08/20

06:22

Post #: 46580618
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Originally posted by VXRallin: ↑

I think it is because people have finally looked where the KFC stores are. Of the 280 odd KFC stores in Australia, there are very few stores in Victoria. The Taco Bell stores are killing it, and again there is only 2 in Victoria.

A lot of excess money in the economy thanks to government handouts will mean that inexpensive food like KFC will continue to get a lot of the money which is flowing around in peoples pockets. People will think about whether they will spend their money on an expensive restaurant meal, they won't think twice about buying a $5 meal from KFC. Further adding to this is that your money will go a lot further at KFC, especially for families.

CKF is still one of only a few ASX companies that is increasing their dividends unlike everyone else who has either reduced dividends or cut them out all together. Why hold a bank stock if it isn't going to give a dividend? You are far better off having a growth stock like CKF that pays an increasing year on year dividend.

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what makes you say Taco Bell are killing it?

The annual report is very vague and does not provide sales figures. on top of that it talks about renegotiating development agreements.

If the business was killing it then they would be rolling out stores full noise.

I'm not saying your definitely wrong just trying to understand what you have read that leads you to your assessment?

CKF Price at posting: $10.17 Sentiment: Buy Disclosure: Not Held
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