[ried one of their burger combo recently and thought they deserve to succeed - quality and quantity, great taste as well.[/QUOTE]
Balance.
This must truely add new meaning to a gut feeling for a share.
follow your guts.
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[ried one of their burger combo recently and thought they deserve to succeed - quality and quantity, great taste as well.[/QUOTE]
Balance.
This must truely add new meaning to a gut feeling for a share.
follow your guts.
Currently no sellers!
8000 0.42
1000 0.41
5000 0.41
1200 0.38
2000 0.3
2000 0.21
All buyers on the orderbook.
Missed this article from May 3rd, but thought I would post it up:
http://www.stuff.co.nz/business/smal...r-Kiwi-burgers
Not sure if many people follow BFW, but this is both positive and negative. First they potentially don't have enough cash to pay directors etc, but the positive is that directors are buying shares at these levels, albeit indirectly.Quote:
Originally Posted by Announcement
If we don't see any director & officer relevant interest notices of them selling as they are required to do, this becomes a more positive sign, along with Dubai, which looks to be developing well.
http://www.nzx.com/markets/NZAX/BFW/...losure-Notices
Very positive, all director/ officer notices filed , with directors now holding gold size parcels. With 5 store now in the middle east, this is starting to look better in terms of risk/ reward.
Burger Fuel invades Iraq?
I get that using this as the title of todays press release is an attempt at humour, but....really?
What is next, a promotion where they drop halal burgers at sea?
Saw this yesterday, they (Carls Jr) look to be targeting the same market as burger fuel. US based company, expanding into the Middle East and are looking at putting 50 stores (franchises) throughout NZ over the next 10 years.
http://tvnz.co.nz/business-news/big-...-4309748/video
From what I have heard, Carl Jrs are targeting the McDonalds/burger King market, not the more upmarket Burgerfuel market. Burger Fuel should be more concerned with Burger Wisconsin which are on a par and are apparently looking for new franchises. I dont think they have the same profile as BF though.
Arguablely they are the same market but Burger Fule tries to distinguish itself to gain the hgher price point.
I dont really see Carl Jrs taking off. It is interesting where their first store is - not suprising that they target that demographic considering the burgers are meant to be high in fat and salt.
The difference in taste, flavour & size versus price is huge, a lot of burgerfuel burgers are just under $10, where majority of burger wis is over $10. If I compare ring burner at 9.5 versus a mcdonalds angus at 7.5 no contest, easily pay the extra $2. Although burger wis garlic mayo vs burgerfuel aioli, burger wis everytime! ;)
On fundamentals Burgerfuel NZ store sales are 27m vs middle east at 4m to full year March, with only 2 stores. With 7 new stores planned by March 2012, Middle East sales could hit 20m.
If you look at the royaties and franchise revenues driven by Middle East over NZ, this is where the profits lie. They made about 1m of revenue from 2 stores, out of their 8m, so if they have 9 by March 2012 could be 4.5m, so almost a third of revenue, if they hit about 15m.
The didn't put too much detail around their expenses side in their results, will be interesting to look at Annual report, have not seen it yet. Overall a checkered listing history with an illiquid shareholder base, and a high risk/ reward future.
Burgerfuel into Libya. Interesting