Originally Posted by
JeremyALD
BFG surely has to be one of the most disappointing listings on the NZX.
They clearly do not care about shareholders. They virtually never give updates on their business or strategy, and have never attempted, or even considered paying a dividend.
They failed to grow overseas, and frankly now appear to have given up. How many times have they talked about growing, or becoming more profitable? They haven't done either in years.
It amazes me how the leading premium burger joint in New Zealand, with 87 stores, has never made a profit over $1.5m. Costing around $25 to get a burger, drink and fries you would think they will be pulling in decent margins.