CKF 0.83% $8.51 collins foods limited

I wouldnt worry about their debt Yes it has bit of debt but it...

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    I wouldnt worry about their debt Yes it has bit of debt but it can easily meet debt repayment.

    Dont lump all business with debt as bad business, you have to look at each on on its own merits..

    CCP people taunt it going bankrupt during its dark day but people miss one critical fact ...they have an army of people on its automatic payment plan
    and that can easily service its debt obligation and much more.

    Seeing that I jump in big time while other bail... 5.5 baggers and climing...

    Fast food has very reliable cash flow, yes you get season up and down and some weeks you earn more some weeks you earn less but it's earning isn't just suddenly fall off the cliff..

    this debt will be paid off soon once management get into gear ....

    Pepsi when it spun off YUM!, it gave YUM! a mountain of debt, it didn't take long for YUM..

    to burn through those debt due to its reliable cash flow as a fast food chain...

    what RFG facing is credibility of management, I know the figure private equity chuck is a bullshit figure that why I didn't buy them but get them some 55% cheaper.

    having revise the figure they better come out spot on or Kerin will be a laughing stock.

    I think he's brave and tackle problem head one and I give him credit for that. Lead by example .... character of a good management....you feel the pain I shall take some of the pain myself...

    I'm happy for him to come out next week and said we f**k up in our first year give us a chance to clean up our act and move forward and keep cost and stuff under control and start delivering some result :-)
 
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