Originally Posted by
Maverick
pg0220, I`m glad you raised the question. This share is soooo worth a mention in all of this upheaval.
The situation is;
-a growing company -well in Aussie and online at least.
-No debt,
-Layout of nearly 100 % of its profits , fully imputed.
-Steady programme of stores being modernised from existing cash flows to modern layouts (this KFC stores over the last 7 years).
-Shedding of no longer relevant "storm" brand.
-Loads of historical data to back up a favourable and consistent company.
-a PE of 5.15/.46 = 11.2
-plus whatever I`ve missed here.....
I was a seller at $6 bucks but at this level its a absolute bargain. Even if the share price was to never recover, the divi olone of nearly 9% after tax makes this a standout bargain.
Will it get lower? I don't know how it gots this low.