Certainly an irrational market at present. Substantial cash in bank. FY 2020 profit. Won't have to cash raise. Can manage costs according to market pressures. At this price it looks well oversold. Warren Buffett mentality required.
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Certainly an irrational market at present. Substantial cash in bank. FY 2020 profit. Won't have to cash raise. Can manage costs according to market pressures. At this price it looks well oversold. Warren Buffett mentality required.
In takeaway scenario. Mcds customers will like to order via their phone instead of self order touchscreen to avoid any finger contact and avoid queue with other ppl.
Agree with posts above. McDonald’s strategic closing allowing drive through not sure anyone would be scared to get into a car and go outside in their own privacy.
The fact revenue has grown and even a profit which was unexpected signals the potential this company has especially in the environment of reduced foot traffic and companies needing to discount and do deals to sell things.
I note PLX often links articles written by companies like EagleEye which has been in this space for a long time and wouldn’t be surprised to see takeover / merger tbh
We went to mcd today try to order on counter to use mcd app and get some deals, the staff are too busy to serve drive thru customers, nobody can serve us, then back to self order kiosk, and most of the customers order over there, some of them try to scan the barcode for deals from their app as well. If we can make order and collect in mcd app in NZ, that will be really safe and convenient for everyone here.
The other side of it is the recovery phase. Once consumerism gradually builds back up, plexure will play an even more important role in encouraging spending.
It seems like they're trying to focus on other areas like groceries now too which is ideal even within the current circumstances.
Oh dear. UK & Ireland McDs - including drive thrus - to close indefinitely...
https://www.bbc.com/news/technology-51999604
rewards and deals on the app to for delivery
They are shutting completely. You can't order via the app, get delivery, no Uber Eats, nothing.