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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Rainy_Day_Woman who wrote (21102)4/13/2005 8:55:54 PM
From: Paul Senior  Read Replies (2) | Respond to of 78530
 
Rainy_Day_Woman: About FRS: I'll take an exploratory position.

Their Golden Corral which "is expanding and taking off" looks to me like it's flubbing. Same-store comps are down, but mgmt. must be positive because they are increasing the number of units.

Positives for me are FRS's relatively low p/e and increasing book value. Price has been lot lower though on a p/sales, p/book basis. Back otoh, a positive is that profit margins have been slowly increasing.

Worth a tiny bet to me.



To: Rainy_Day_Woman who wrote (21102)4/14/2005 9:44:52 AM
From: Suma  Read Replies (1) | Respond to of 78530
 
Golden Coral might be franchised. Don't know. However, in N.C my summer playground it has excellent food. My favorite place to go. The smörgåsbord they offer will meet any palate...
Love it. Other favorite OSI.