Originally Posted by
noodles
lol. Every time I read one of your posts, I need to work out if you are taking the piss. Clearly you are on this one...
Or maybe not. They did reach forecast. They are on a historical pe of 8.5. And they have had a tough second half because of high beef and lamb prices. They have even stated that things are looking up. Tasty dividend yield. Crickey, maybe I need to consider buying in again?
NO! Someone slap me.
That's better.
The the only reason they reached forecast was because of the acquisition. They failed to open 4 stores. They have given no guidance on opening more in FY15. Their focus now seems to be on acquisitions.