Non-Tech
|
|
SIZL Undervalued (new 152 restaurant partnership)
|
| An SI Board Since January 2000 |
| Posts |
SubjectMarks |
Bans |
| 1 |
0 |
0
|
|
It looks like the IPO speculation is over on SIZL. Steakhouse Partners, Inc. (SIZL) is now at a very attractive price of only 5 3/16. The Price/Book is at $12.30.
Steakhouse Partners, Inc. owns and operates 152 full-service steakhouse restaurants, operating under the names Mountain Jack's, Hungry Hunter, Hunter Steakhouse and Paragon Steakhouse. For the 36 weeks ended 9/7/99, revenues totalled $115.7M, up from $841K. Net loss totalled $4.7M, up from $1.2M. Revenues reflect the 12/98 acquisition of Paragon. Higher loss reflects increased administrative and consultant expenses.
Anyone interested?
|
|
|