wayneL
VIVA LA LIBERTAD, CARAJO!
- Joined
- 9 July 2004
- Posts
- 25,961
- Reactions
- 13,264
Trading <> investing. Trade that SOB for it's worth.
Proven stocks like FMG halved to $15 and in the worst case scenario will still give a larger dividend than GYG.
I'm very surprised it has taken so long to happen.
I did not enter mexican kitchen however i actually love Mexican food, but just started a small entry in Collins.good to do that before reading such announcements
I am of the opinion that perhaps people were mistaken that GYG is quoted in AUD rather that pesos?Proof in the pudding.Why these early Guzman y Gomez backers are selling shares
The hottest IPO darling in recent memory has rallied hard since listing in June, but a few early investors have taken some money off the table.www.afr.com
Invest, ramp up, get the lemmings in,exit quickly and quietly with the dough,let the lemmings sort it out
much prefer a steak bloke, rump, medium rare with a keg ha ha ha haView attachment 191199
.
... they seem to choose prominent locations, get foot traffic. And busy at non-peak times - seen as much as a snack not a meal destination?
those with a kebab intolerance?I noticed that one of their outlets at Liverpool was open 24 hours.
Who eats burritos at 3am?
Guzman Y Gomez raised to Neutral; $40 target: UBS
WHAT ???The US doesn't seem to be going to plan, as yet. Maybe that's why it's tanked this am.
View attachment 193726
It has little to do with the strength of the US economy - they have to eat and fast food is a staple there, making it a fairly inelastic sector. The issue is that GYG in the USA is competing with multiple established Mexican fast food chains, unlike in Australia where it had an open niche.WHAT ???
that super-strong robust economy !!
i guess there are tiny glimpses of the truth out there
Honestly, who in its right mind expect an Australian based ausmexican fast food to have any chance of success in the US?It has little to do with the strength of the US economy - they have to eat and fast food is a staple there, making it a fairly inelastic sector. The issue is that GYG in the USA is competing with multiple established Mexican fast food chains, unlike in Australia where it had an open niche.
It certainly seems strange that they decided to try. GYG finding success in the USA wouldn't quite be the most amazing I've ever seen, but it would be towards the top of the list of surprises and I'd bet against it. Either they know something we don't or they're just too ambitious for their own good.Honestly, who in its right mind expect an Australian based ausmexican fast food to have any chance of success in the US?
With the size of the latino population there.. seriously...
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?