Dominos and 711 are significant because they are both franchise...

Dominos and 711 are significant because they are both franchise models. Franchise models have been in the limelights in the last 6 months amid revelations around workers conditions. Some may argue that the issues that have come to light at some large organisations are not specific to them, but part of a broader problem that exists within the entire franchise universe.

That view is not entirely crazy and that has to have played some part in RFG being brought down afew notches. I hold the view that at current prices most of the risk is priced in and with such a good yield, stellar management record and decent continued growth prospects, the stock is a solid value play.