Re EBiTDA, there are too many one offs to make it useful for me, maybe it will settle down post ACCC.
Another risk for me is the ramp up of corporate stores. They are having an internal team to manage and branch out their corp stores portfolio which is a risk. Granted, they need to do something so I am not blaming them for trying but I would need to see organic inflow of franchisees. At present, it is hard to know of the new outlets, how many are corporate stores run and how many are franchisee owned?
I hold the stock as it is cheap but many have lost money in this so it will need A LOT of good news to see it moving again.
RFG Price at posting:
7.0¢ Sentiment: None Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)