I bought into this stock during the hype-up period in 2006. Have never lost faith in the management to steer through the last 2 years.
Their cost control should be followed by some of the bigger companies.
Looking at their financials, they are on target for positive cash flow by end of this year. In Australia they have a "Master Franchisee" who is looking for an Aussie fit. In the US, they have put in a bid for a franchise at a major US airport, but is on hold due to other Airport issues to be resolved.The experience they will gain from Vancouver Airport will only make them a stronger candidate for other US airports.
If you work backwards from the current price, its implying $150,00 per store. In reality they are making between $400,000-600,00, with one making close to $1,000,000.
They havent made it public yet, but the Naperville store is open and doing a bundle of lunch time deliveries. I know this cos I live there.
Should you be in this stock!!!! Need I say?
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