RBD - Restaurant Brands

[Snoopy]

Wonder I should buy some.

Based on Winner's serko formula....SP high was $15...now it is $6....

Winner...what do U think?

I suggest you get hold of the name of Winners secret 'Chippie' and buy your scallops and chips from there, and go down to the waterfront to eat them like he does. Probably a better investment than a KFC quarter pack, and a better outlook to contemplate while you consume them too!

SNOOPY

[LaserEyeKiwi]

I don’t see how a company with a market cap of ~$750m and net income of ~$16m can be defined as “cheap”. 50x multiple.

One would really need to be a believer in the long term story to be buying here.

To me it is the debt they piled on that killed the profitability. A bit concerning they lack pricing power with their product as well.

[winner69]

Wonder I should buy some.

Based on Winner's serko formula....SP high was $15...now it is $6....

Winner...what do U think?

I see no compelling reason to buy at the moment …even at these prices.

Serko has things going for it to recover its previous glorious share price …..RBD has a struggle on its hands I reckon

[winner69]

If they only make $16m this year it’ll be their worst year since 2013

Back then sales were $313m and profit $16m

This year sales ~$1,400m and maybe profit $16m

Something not working eh

[Rawz]

If they only make $16m this year it’ll be their worst year since 2013

Back then sales were $313m and profit $16m

This year sales ~$1,400m and maybe profit $16m

Something not working eh

What is the avg profit margin RBD usually spits out. Like last couple of years during free money times it ballooned out aye

[winner69]

What is the avg profit margin RBD usually spits out. Like last couple of years during free money times it ballooned out aye

I’ve had a morbid fascination with RBD since the turn of the century but stopped updating models in 2017 because profits weren’t going anywhere but the share price keep going up.

Might update them in next week or so just to show me this global expansion hasn’t work.


Might learn something

[LaserEyeKiwi]

I’ve had a morbid fascination with RBD since the turn of the century but stopped updating models in 2017 because profits weren’t going anywhere but the share price keep going up.

Might update them in next week or so just to show me this global expansion hasn’t work.


Might learn something

Best thing they could do is an equity raise while their stock price is still overinflated, use the proceeds to deleverage by paying down debt, watch profits rise again with the interest costs slashed.

[Rawz]

Best thing they could do is an equity raise while their stock price is still overinflated, use the proceeds to deleverage by paying down debt, watch profits rise again with the interest costs slashed.

Doubt that is in their minds after they only recently started paying dividends. Guess they had to try something to stop the sinking sp

[LaserEyeKiwi]

Oh wait - they have $250m+ in debt - an equity raise would have to be massive to make a difference in that giant millstone.

[silverblizzard888]

Stocks held up surprisingly well, though not sure what people are hoping to gain by holding or buying at the current price. Inflation putting pressure on their margins and the rising interest rates are eating a good part of their profit. Don't see them recovering too easily from this, they need to raise capital to ease the interest expense, though given enough time they will be fine too after all can't replace good old KFC, always a profit to be made from that grease bucket.