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I've got these as a short term hold. Holding until reports come out (which will be very positive, partly due to currency) and people become comfortable with the new growth settled in... Then I will reassess.
I'm undecided if it's a good long term hold. On one hand, I like that fast food will always be prevalent because most people have no taste, no money and are lazy, so it's always a good option. On the other hand, the industry is a bit like a brawl in a pit of mud, and there can be losers. Of course this is balanced by the fact that there are many outlets and a few different brands there - which I like.
Also the dividend is usually a high %
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