CKF 2.12% $7.69 collins foods limited

Thx BG - FP espouses what i am thinking. It is not a sexy stock,...

  1. 204 Posts.
    Thx BG - FP espouses what i am thinking. It is not a sexy stock, but it has a fundamentally sound business. Sure the IPO and related prospectus reiterate the need for caution from "buying off the plan". There is nothing wrong with staff being frugal - my employeer for similar easons implemented a "MUST take leave policy", banned travel, consultants, sticky yellow labels, training and any other expenses that had a whiff od discretion associated - over the top? mmmmmm saving dollars to improve profit/cash flow is not misaligned to SH's expectations.

    Oversold?
    Ingorned?
    Ugly stap sister?

    YES, YES, YES

    Value trap - don't think so.

    If it hits $1.08 - which i doubt, then i will double up.
 
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