SI
SI
discoversearch

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 : Garden Fresh Restaurant Corp (LTUS)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Tradenride who wrote (69)4/22/1999 6:30:00 PM
From: Art Bechhoefer  Read Replies (1) of 78
 
John, the latest earnings report indicates that fiscal year earnings could be of the order of $1.20, based on the growth we have seen for the first six months. In that event, the forward PE would be only about 14, which surely is not excessive, particularly in this market. So the way I look at it is, if you compare LTUS to other restaurant franchise operations, it is the best priced of the whole group. Furthermore, the stock sells at only about 1.5 times book value of $11 per share, when similar stocks are typically priced at 5 to 10 times book. THAT'S the best rationale I know of for predicting future price increases for LTUS.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext