I was using a higher value when I mentioned a $3 shareprice earlier .... at a 8% cost of capital you get a valuation of $3.40-$3.50
Obviously the market (gurus) have doubts about these record margins being maintained into the future
Winner, your prediction in post 1532 from July 2010 is coming true. And those market gurus thought they knew more than you do! Just as well the share price weakened between your post and now to enable you to climb on board....
SNOOPY
Watch out for the most persistent and dangerous version of Covid-19: B.S.24/7
I bought RBD some years ago--at that time my broker at Forsyth called it a dog, so I bought thru Direct B. Over the years it has kept on performing with a high yield & a steady increase in value--look at it this year- a great overall return [& its the overall return thats imp twith shares like RBD].I like to think that with a number of shares like this as the backbone of my portfolio, I can safely play with a few small cap shares, with the hope of a few multi baggers.
jeez .... but not a surprise .... an all time high close of 293
guy from milford was on the radio earlier tonight and said the market beginning to see the potential that carls has .... may have been just saying that because he had to say something different eh
interst rates are a bit lower than when i suggested that 3 bucks eh snoopy ... maybe 4 bucks is a better figure now
carls is going to take at least 3-5 years to make a difference while KFC is going nowhere and Pizza hut is shrinking.
The rerating that has occurred in the last 12 on this stock makes it too expensive and with its poor track record and management its not something I would invest in at these levels.
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