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  1. #1
    Senior Member
    Join Date
    Nov 2018
    Location
    Christchurch
    Posts
    1,063

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    Snoopy..

    How's that CoronaVirus doing to YumChina? It's ok i'll post the new for you:

    https://edition.cnn.com/2020/02/05/b...rus/index.html

    "Yum China, which operates KFC, Taco Bell and Pizza Hut in the country, warned that the deadly coronavirus will hurt its business this year. "As a result of the outbreak, the company may experience operating losses for the first quarter of 2020," the company said in a statement discussing 2019 financial results."

    Are you buying more?

  2. #2
    On the doghouse
    Join Date
    Jun 2004
    Location
    , , New Zealand.
    Posts
    9,340

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    Quote Originally Posted by SBQ View Post
    Snoopy..

    How's that CoronaVirus doing to YumChina? It's ok i'll post the new for you:

    https://edition.cnn.com/2020/02/05/b...rus/index.html

    "Yum China, which operates KFC, Taco Bell and Pizza Hut in the country, warned that the deadly coronavirus will hurt its business this year. "As a result of the outbreak, the company may experience operating losses for the first quarter of 2020," the company said in a statement discussing 2019 financial results."

    Are you buying more?
    Share price closed at $42.71 down over a dollar almost exactly line ball with a year ago! Not great news but hardly a collapse. Google is showing a PE of 23. I have a decent helping of these so not going out of my way to buy more. However, after problems trying to cash my US dividend cheques in NZ I have joined the YUMC Dividend Reinvestment Plan. So the answer to your question is 'yes' as a result of that. I am not buying in a significant way though.

    SNOOPY
    Watch out for the most persistent and dangerous version of Covid-19: B.S.24/7

  3. #3
    Advanced Member
    Join Date
    Oct 2001
    Location
    chch, , New Zealand.
    Posts
    2,496

    Default

    Quote Originally Posted by Snoopy View Post
    Share price closed at $42.71 down over a dollar almost exactly line ball with a year ago! Not great news but hardly a collapse. Google is showing a PE of 23. I have a decent helping of these so not going out of my way to buy more. However, after problems trying to cash my US dividend cheques in NZ I have joined the YUMC Dividend Reinvestment Plan. So the answer to your question is 'yes' as a result of that. I am not buying in a significant way though.

    SNOOPY
    Have had similar problems with all foreign cheques recently. Now only invest in overseas stocks that have a dividend reinvestment plan, as otherwise the hassle is just too much.

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