JP Morgan upgraded RFG last night., page-13

Guys

All this debate!!! At the end of the day, show me one other stock on the ASX that has double digit eps growth, is trading on a p/e multiple of 11 which reduces to 9 next year, has a strong balance sheet (debt/ EBITDA of 1.7x is phenomenal), has minimal capex being a franchise, so EBITDA translates very closely to EBIT and operational free cashflow and driving a strong return on equity, sells affordable consumer staples, so has robust earnings, is retaining 65% of earnings to fund growth and is still paying a 6% franked dividend at the current share price AND has international growth opportunities!!!!

I think this is the best buy I've ever seen on the ASX in years. I am at a loss to understand why it is trading at such a low price- there is obviously something causing buyer hesitation, but not sure what?