CKF 2.05% $9.56 collins foods limited

Great results for sizzler hahahThe $20mil sale absolutely reeks...

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    Great results for sizzler hahah

    https://hotcopper.com.au/data/attachments/5471/5471350-f5c84536c7f5ef50b183c6bbd9fb041f.jpg
    The $20mil sale absolutely reeks of desperation. They needed the $20mil to prop up the annual results. I think we all ought to invest in whoever bought sizzler from CKF. its 7year return on investment in a risk free stable business with crazy margins. I don't understand how the SP is still at $10. is that everyone is expecting interest rates to drop?

    ROA is at 6.7% and it boggles my mind how they have increased their debt burden. Surly their interest payments approach their 6.7% ROA?
 
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