The famous value investor Peter Lynch said he spends just a few minutes every year thinking about the macroeconomy. And he's right - predicting macro is pretty damn hard, so one is best off chasing value situations where there is growth potentiality. RFG fits the bill perfectly (for me).
The folk who buy RFG products have a irrepressible tendency to spend on fast food, regardless of income. So the prospect of a slowdown or recession doesn't overly worry me.
An interesting though: New, subsidized weight-loss drugs will soon be available to everyone through Medicare. People will be able to eat like beasts & stay relatively slim. I'm not sure how this will affect fast food sales but I will bet people will consume more!
The famous value investor Peter Lynch said he spends just a few...
Add RFG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
7.2¢ |
Change
0.008(12.5%) |
Mkt cap ! $176.8M | |||
| Open | High | Low | Value | Volume |
| 7.0¢ | 7.5¢ | 7.0¢ | $3.249M | 46.03M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 396987 | 7.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.5¢ | 3615392 | 10 |
View Market Depth
| Last trade - 16.10pm 13/06/2024 (20 minute delay) ? |
|
|||||
|
Last
7.4¢ |
Change
0.008 ( 15.6 %) |
||||
| Open | High | Low | Volume | ||
| 6.7¢ | 7.4¢ | 6.7¢ | 11773943 | ||
| Last updated 15.59pm 13/06/2024 ? | |||||
| RFG (ASX) Chart |