Brumby, it seems you nibblers are biting harder this morning.
CKF has a habit of giving back all of the up move as it has now done more or less. Sentiment tends to stay low for a maximum of 2 weeks at a time.
The last rise took SP through 4 resistance levels of 500, 550, 600 and 650 which was over-exhuberant but we seem strong above the breakout.
I think this is a no brainer conditional on getting a square deal from YUM on the Dutch resto acquisition. Knowing the Yanks, I expect they are urgently turbo charging profits as they sell off their resto businesses. I think CKF were dudded but not too much.
Ann: Presentation re Acqusition of KFC Restaurants in Netherlands, page-83
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Last
$8.51 |
Change
0.070(0.83%) |
Mkt cap ! $966.0M | |||
| Open | High | Low | Value | Volume |
| $8.48 | $8.57 | $8.45 | $2.224M | 261.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 3433 | $8.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.53 | 1393 | 2 |
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| Last trade - 16.10pm 25/11/2024 (20 minute delay) ? |
| CKF (ASX) Chart |
