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Non-Tech : Tricon (YUM) -- Ignore unavailable to you. Want to Upgrade?


To: Michael Burry who wrote (31)2/5/1998 8:45:00 PM
From: felix  Read Replies (1) | Respond to of 67
 
I just can't see the value in Tricon. Let's say they manage to earn a reasonable 5% net on sales (right now they do ~3%). On their $60/share in sales that is $3/share. The market price is $58/share ($28/share quote + $30/share in debt). That gives a P/E of 20 - hardly a bargain.