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Re: None

Thursday, 08/11/2016 1:26:27 AM

Thursday, August 11, 2016 1:26:27 AM

Post# of 173938
NROM

Been buying some NROM the last couple of days in the mid to upper .50's. Here what I like.

1) I think NROM will have an ability to report a .03 quarter this quarter in the coming days. Considering there was a one time charge in last years numbers, I think the comp will look impressive and trader will take this one on another run to the .70's if not .80's.

2) NROM had a deal with WMT, to have a franchise restaurant inside WMT. May not have big reward, but have to admit it sounds interesting.

3) NROM trades under book value, which means balance sheet is fine as well.

4) NROM rememeber they don't actually pay their taxes because of NOL'S, so if anything they are understating earnings in my opinion.

5) I believe NROM is trading at a discount to FV, as I feel FV is in the .80-1.00 range.

6) They have signed a ton of locations with 239 deli locations that is up from only 106 last year., So picking up locations seems to be picking up. I fully expect this story to start to show promise.

Conclusion: As I always say you never know with earnings, but I think this is a good hold into earnings for a run from current levels in my opinion. Time will tell. All is just my opinion, and I could always be wrong though.

---All above is just my humble opinion.
And I could always be wrong.
And as always do your own DD.---
http://www.investorshub.com/boards/board.asp?board_id=5316

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