RBD - Restaurant Brands

**Nitaa** · 02-04-2008, 10:42 AM

P. That is Snoppy who is averaging down.

Snoppy 1 question. Why dont you sell all of your rbd now. Just before divvy time buy them again to get your fantastic divvy that you love so much and save your loss od share value in the mean time. sort of gets the best of both worlds. Of course the sp will adjust itself after the divvy payout.

this is all reminisent of Bel...averaging down with Feltex. Only thing rbd is much more slower and painful.

**Nitaa** · 10-04-2008, 12:37 PM

well well well. does nita have to eat some humble pie? rbd increasing today albeit on small volume. you may have the lst laugh yet Snoppy.

I have read the brief summary and my view hasnt changed with the stock. the big positive is the refits appear to have some impact. Although note, labour costs havent yet made a significant impact of operating costs but they will do.

69% increase on gross profit is still stuff all and is not worth reading into at all. Time will tell but still cannot see where the growth is coming from and where they can recapture their market share. still plenty of worse stocks around.

**Phaedrus** · 10-04-2008, 01:31 PM

RBD has been in a downtrend for 3 years, but this morning broke above its longterm confirmed trendline, giving a Buy signal (marked by the green arrow).

The red dots mark where fundamental analysts bought, mainly on the basis that the shareprice at that point was well below RBD's theoretical "value". As circumstances changed, these valuations were progressively reduced, but the market price was always below RBD's calculated "worth", so the buying continued - all the way down.

A simpleton with a chart, pencil and ruler would have done better. Wouldn't it make you spit?

This chart is just an update of the one on Page 15 of this thread. It is accurate as at 1pm, but of course the Close may be different.

**BRICKS** · 10-04-2008, 01:36 PM

BRICKS is back in the black and swimming in Div`s now Mr Chips do your stuff have increased my MCH by 5% holding,, Well turnover of $303 million , div`s up 1 cent to 6.5 cents told you it was a BARGAIN small fish are tasty. This is NZ and a very quite place for making money but if you do it slow that what makes it SURE..

**Dr_Who** · 10-04-2008, 02:21 PM

Whats the debt to equity ratio for RBD?

**BRICKS** · 10-04-2008, 02:26 PM

Originally Posted by Dr_Who

Whats the debt to equity ratio for RBD?

YOUR kidding go read today's report sick of stupid QUESTIONS..

**Steve** · 10-04-2008, 11:14 PM

Snoopy, I would appreciate your updated thoughts on RBD...

**duncan macgregor** · 11-04-2008, 10:15 AM

Originally Posted by Dr_Who

Whats the debt to equity ratio for RBD?

DR WHO, Its not as simple as that. There are two kinds of debt good debt, and bad debt.
Good debt is the debt that most of us take on at some time or other, example being mortgage debt. This debt reduces in percentage of value as the property price rises.
Bad debt is the debt occured by leasing a property, then doing up the landlords property.
RBD did the stupid thing in the past by exchanging good debt, for bad debt with the resulting drop in share price when it turned to custard.
RBD has to much bad debt, whatever the figure which loses the advantage in a very competative sector. Macdunk

**BRICKS** · 11-04-2008, 10:27 AM

Originally Posted by duncan macgregor

DR WHO, Its not as simple as that. There are two kinds of debt good debt, and bad debt.
Good debt is the debt that most of us take on at some time or other, example being mortgage debt. This debt reduces in percentage of value as the property price rises.
Bad debt is the debt occured by leasing a property, then doing up the landlords property.
RBD did the stupid thing in the past by exchanging good debt, for bad debt with the resulting drop in share price when it turned to custard.
RBD has to much bad debt, whatever the figure which loses the advantage in a very competative sector. Macdunk

THANKS for your riddle about DEBT and look forward to your next lesson about BATMAN..

**duncan macgregor** · 11-04-2008, 10:56 AM

Originally Posted by hiawatha

Leasing a property and doing it up doesn't actually involve any debt.
There are not two sorts of debt, there is just debt. Sometimes it is a necessary evil, but it's never "good".
hiawatha

Leasing a property then doing it up when in debt definately either requires additional debt, or the ability to pay back the origional debt. Nobody takes on debt for the sake of it, unless they are as thick as a brick. How come you two are not in the NZO competition?. Macdunk