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clock Created with Sketch. 23/04/23
23:29
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Originally posted by HPSam:
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I agree Spreme and sounds like there is a lot of feeling in the points presented above.All domestic brands (not store level) are profitable - even Michel's PatisseriePositive international store growth has occurred (mid year update).
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I welcome all debates. I see your logic but I disagree as it is an optimistic way of predicting the future based on the past data which is misaligned to what we are seeing at present. As I mentioned before, rising wages, slow environment, competition, high cost of capital, low to nil even negatibe return on capital, etc. Franchisees’ lack of profit will hurt RFG even if as franchisor it does not impact them now immediately.The question I want to put to you, why is this stock being dumped at such a ridiculously low price? Is it due to naivete?
