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CKF - Collins Foods

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November 28th - CKF First Half Results Presentation

http://stocknessmonster.com/news-item?S=CKF&E=ASX&N=770808

CCKFs.gif
 
How are we doing? Market under estimate the power of fast food and its reliable cash flow
sometimes ago just because it has teething issues
 
Anyone reading the letters between the board and Stephen Copulous?

Where will all this be heading?

Is he likely to have the numbers to vote against the resolutions successfully?

His case seems to make sense to me and he seems to have a lot of his own $ on the line.

His wording seems to suggest Sizzler's next set of results will also be negative.

I can't see the appeal of Sizzler either, most of us don't go to restaurants to have fresh salads when we can make it fresher and safer at home with no chance of Lysteria? (but seafood, pasta etc. I can appreciate)

With Snag Stand he also seems to suggest that the next update on this won't be positive either.

I've frequented Snag Stand quite a few times at my local Westfield Shopping Mall food court and their hot dogs seem pretty tastey to me, and asides from outside Bunnings where else do you get hot dogs these days?

He also quotes cost-to-sales ratio of 6.5% being high compared to companies like RFG where it is more like 4%.

I guess even if he is not successful he is keeping the board more accountable by keeping shareholders in the loop on some of this stuff, and it may at least bring forward a decision on the life of the Sizzler business...
 
Collins had a pretty good run after it's latest dividend, but then it crashed on the 3rd and 4th of February. I checked the news/announcement and is the reason for the drop excess supply due to the "change of interests of substantial holder"
 
Gringotts Bank said:
Drop without pop. A close below 4.20 would be a reasonable short imo.
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Completely agree GB. A nice short with a quick profit target at around 3.50ish. Beyond that, it's down down down to 2.40ish....

Love their chicken but a healthy conscious community may have said enough is enough when they started seeing gyms opening up above KFC properties! And I'm pretty sure that's in one of the towns where one of the major shareholder has their business based.
 
Expanding into Germany from Australia!
KFC are huge in Asia but that's obviously the main company.

I do feel KFC still hasn't got their offering right. Even so they are doing alright. Bought recently, hope not too late.

Never heard of "Snag Stand". Has anyone had any experience with it??
 
Knobby22 said:
Expanding into Germany from Australia!
KFC are huge in Asia but that's obviously the main company.

I do feel KFC still hasn't got their offering right. Even so they are doing alright. Bought recently, hope not too late.

Never heard of "Snag Stand". Has anyone had any experience with it??
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Snag Stand - have sampled it and was impressed, still its just a gourmet sausage with extras, the franchised food segment is very congested.

KFC Germany - well its a good market for many things, Dominoes did well selling cheap crappy pizza in France so anything is possible, i would of preferred them to focus on Aust/NZ and pay down debt etc.
 
So_Cynical said:
(4th-May-2012) in today at $1.06
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Four and half years later i have sold ($6.50) half my remaining shares, 504% trade profit, dividends insignificant in comparison and this was the rational for the half exit, that and i really need more dividends plus the latest run up cannot be sustained, too steep.
 
well done

KFC is probably my favourite of the MAcca's, Hungry Jacks & KFS fast food shops

normally get the Zinger reg combo meal, I like that you get a can or bottle with your meal and not a big container of ice

the chips are good, plenty of potato in them
 
So_Cynical said:
(Dec 12 2016)Four and half years later i have sold ($6.50) half my remaining shares, 504% trade profit, dividends insignificant in comparison and this was the rational for the half exit, that and i really need more dividends plus the latest run up cannot be sustained, too steep.
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Considering i have a poor track record for picking tops, occasionally i get it spot on, anyway retail entitlement offer opens on Monday, new shares on a 1 for 11 basis and ex date on announcement, just as i like it...i suppose ill pay up, one should reward this type of company behaviour.
~
CKF1yr.JPG
 
Market seems to like the capital raisings lately!
CKF, BGA, LNK - all doing very well upon resumption.
 

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