I think its a market expectation that the rate of food spending for takeaway is falling, peoples discretionary spending is shrinking and there is a growing diversity of range in the options. I'm personally impressed that our like for like sales hasn't fallen.
Personally I reduced my holding when it was over $7 and will increase it again when it falls to under $6.20
News: CKF Collins Foods HY Net Profit Attributble Up 69 Pct To $21.5 Mln, page-8
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Last
$8.48 |
Change
-0.020(0.24%) |
Mkt cap ! $999.0M | |||
| Open | High | Low | Value | Volume |
| $8.50 | $8.55 | $8.47 | $2.391M | 281.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3969 | $8.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.50 | 13546 | 10 |
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| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| CKF (ASX) Chart |