Dividend yield, page-19

So many threads/posts its not worth reading them all.... but found this... thanks to Ocker.

'End of fiscal 2016 RFG claimed to have a total of 2,530 outlets. Fast forward to end of fiscal 2017 and they claim "New Outlet Commissionings" of 210 outlets, yet total outlets have reduced to 2,516. This seems to imply 224 outlets were "de-commissioned", or closed?'

Assuming its correct its very revealing. It shows just under 9% of RFG stores have closed/folded across the 12 months. That's sounds high but how does it compare with other franchise chains? Asking around most RFG agreements are for 4 years and expect some to not continue/renew. What percentage didn't last the distance, how does this compare with other franchises, what is stat for other small businesses etc? It also means 91% are still trading. Food for thought.

Plus RFG issued yet another announcement today. Tone is very confident and i can't conceive they would state anything to ASX that wasn't 100% accurate esp given current circumstances. They'll be some bad debt and write downs in FY18... but also a ton of profit. Business model ensures cashflow keeps coming in... each and every Monday. Plus we've yet to see the full year benefit of the vertical integration and HC acquisition. Model is very robust and as a shareholder i support a better deal for franchisees who invest big amounts/life savings.

PS. Immigration model of Fed Govt encourages immigrants to set up in business to obtain PR. Many simply not familiar with Aussie traits/culture. RFG need to supply more info esp accounting details to potential buyers and lessen the number of failures. Everybody wins when franchisees do well.

Shopping Centres are ruthless with rent increases but that may also change as Aussie consumer is tapped-out with wage rises well below true/relevant inflation eg gas and electricity increases.