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clock Created with Sketch. 12/12/21
15:52
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Originally posted by adamcotd:
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Are you serious ? RFG is probably the biggest 50x bagger opportunity on the ASX. They have 450 plus stores in major traffic locations across 8 household known brands. They were trading around $6 about 5 years ago and now $0.07. The have the brands, the systems, the locations etc in place. Over the last 12 months in the midst of a pandemic which had most of the country locked up at home and their locations closed, they grew NP by over 20% with SSS up 3.8%. Management have acknowledged the mistakes made in the past with their franchise network, they are dealing with the ACCC action and are committed to improving franchisee relations. May take some time but at current share price, this is a serious bargain with massive upside for those with patience.
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" They were trading around $6 about 5 years ago and now $0.07." - I won't argue that" RFG is probably the biggest 50x bagger opportunity on the ASX" - Would you care to substantiate that comment with some facts" Are you serious ?" - I have to ask you the same question
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