interesting comment, definitely something to think about

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beau042

29 Posts.

24/02/22

17:45

Post #: 59800610
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Originally posted by Galilee13: ↑

During 2021 139 stores were closed and only 8 new outlets open. The network continues to shrink by about 9%.

If this was a tech company loosing 9% of its clients, or an oil company having 9% of its wells drying up how do you think the market would view this. Store network has been in decline for 5 plus years and with no sign of reversing.

A major concern is the ageing network as hardly any new stores have opened over the last 5 plus years. I know my local DK has not had any work down to it in over 10 years and it looks a disgrace. The cost of any refurbishment rests with the mum and dad franchisees. Given the crazy costs of things these days I can't see many forking out 100s of thousands to do this.

Forget about the ACCC. The issue is growth and its ability to increase outlet numbers. Outlet numbers equal revenue as RFG earn the bulk of there money from loyalty's.

IMO this stock goes nowhere until this changes.

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interesting comment, definitely something to think about

RFG Price at posting: 7.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last $1.99		Change -0.005(0.25%)		Mkt cap ! $125.5M

Open	High	Low	Value	Volume
$1.95	$2.00	$1.95	$139.2K	70.06K

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Price($)	Vol.	No.
$2.00	930	2

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No.	Vol.	Price($)
2	4578	1.985
2	1237	1.975
2	1316	1.970
2	3344	1.955
1	2000	1.950

Price($)	Vol.	No.
1.995	930	2
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interesting comment, definitely something to think about

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Telix sinks as US regulator SEC issues subpoena over claims

ASX Market Close: Iron awe keeps the XJO tracking along

Trigg brings famed Finnish metals refiner – and its tech – onboard to bolster antimony processing

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interesting comment, definitely something to think about

Top Stories

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

Telix sinks as US regulator SEC issues subpoena over claims

ASX Market Close: Iron awe keeps the XJO tracking along

Trigg brings famed Finnish metals refiner – and its tech – onboard to bolster antimony processing

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Buyers (Bids)

Sellers (Offers)

Featured News