KKRO Koo Koo Roo Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : KKRO Koo Koo Roo

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Michael Berkowitz who wrote (10)	4/17/1997 1:20:00 PM
From: Daniel Schulman	of 479

Couldn't the acquisition of Hamburger Hamlet in part explain the fall in the stock. I am not a current shareholder, I was actually going to buy in the day the announced the acquisition. To me is seemed like a local small-scale snapple-like boondogle. How come Koo Koo Roo claims that Hamlet will be immediately accreitive to earnings. When the Daily Grill was going to buy the Hamlet about 8 months ago, they could not get decent financing because their estimates showed it would have negative cash-flow at the beginning. Is KKRO getting a better price than was offerred to Gril just a short-time ago? In addition, KKRO wants to sink more money into the Hamlets with remodeling to offer their rotissirie chicken and such. How much will this cost? On April 10, KKRO announced that they will buy back up to 1 million shares of stock, since then the price has fallen about 20%. What's up with that. The California Kitchen concept is great, how come they keep going into all these other ventures?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next