BurgerFi International (BFI)

[ErnieBilco]

But why? Did you find any reason for the move? I looked at the warrants last thursday and decided not to buy due to the number of ambulance chasers on it.

[The Night Stalker]

nice pop

[The Night Stalker]

nice pop

[Televet]

https://finance.yahoo.com/m/7a5f0df3-70ed-3abb-a382-183076d65a6a/burgerfi-accelerates.html

[ErnieBilco]

It appears from a quick glance that Rosatti is raping this company and robbing it blind. He is consistently and constantly selling shares in 5K blocks in 3 different accounts. He controls all corp offices thru sweetheart deals with entities he owns or controls.

Looks like once he has bled it dry it will be just another failed burger joint.

[Televet]

Finally a nice move up today!

[Televet]

BurgerFi International is called a post-COVID winner by BTIG
May 17, 2022 11:12 AM ETBurgerFi International, Inc. (BFI)By: Clark Schultz, SA
BTIG stayed positive on BurgerFi International (NASDAQ:BFI +2.4%) after taking in the restaurant operator's earnings report.

"Though BurgerFi same-store sales were sizably below our estimate, mostly owing to the Omicron disruption, revenue and adjusted EBITDA were largely in-line with our estimates owing to stronger Anthony's sales," noted analyst Peter Saleh.

Saleh and team see the BFI quarter as the low point for the year with sales and restaurant margins forecast to show steady improvement through the year as COVID fades, menu pricing builds and heightened commodity inflation is lapped.

BFI is still rated at Buy at BTIG with the chain's development opportunity, margin potential and sales recovery all noted. Lower industry-wide valuation multiples led BTIG to cut its price target to $8.50 from $11, which after the more than 50% drop this year still leaves plenty of upside potential.

[Televet]

Strong results!

https://static.seekingalpha.com/uploads/sa_presentations/664/81664/original.pdf

[Spumoni]

Boy was I wrong!

[Televet]

BurgerFi: Steady Growth At A Reasonable Price

Dec. 10, 2021 11:37 PM ETBurgerFi International, Inc. (BFI)

https://seekingalpha.com/article/4474678-burgerfi-steady-growth-at-a-reasonable-price?utm_campaign=RTA+Articles&utm_medium=email&utm_source=seeking_alpha&utm_term=RTA+Article+Smart

[Televet]

BurgerFi International agrees to acquire Anthony's Coal Fired Pizza & Wings

https://finance.yahoo.com/m/1e05afed-2cdb-3d38-8208-76be5f11a5fb/burgerfi-international-agrees.html?ana=yahoo&yptr=yahoo

[Televet]

BurgerFi International (BFI) Investor Presentation - Slideshow

https://seekingalpha.com/article/4456374-burgerfi-international-bfi-investor-presentation-slideshow?mail_subject=bfi-burgerfi-international-bfi-investor-presentation-slideshow&utm_campaign=rta-stock-article&utm_content=link-2&utm_medium=email&utm_source=seeking_alpha

[Televet]

BurgerFi: A Beaten-Down Growth Story Worthy Of A Second Look
Aug. 25, 2021 3:27 PM ETBurgerFi International, Inc. (BFI)

https://seekingalpha.com/article/4451807-burgerfi-worthy-of-a-second-look?mail_subject=bfi-burgerfi-a-beaten-down-growth-story-worthy-of-a-second-look&utm_campaign=rta-stock-article&utm_content=link-2&utm_medium=email&utm_source=seeking_alpha

Conclusion

At the current price level, BFI seems to have found a floor. Given that the stock is trading below its book value by a considerable amount, we feel that an investment with a 6-18 month time horizon is wise. While some questions remain about the company's ability to scale effectively, the margin of safety is large enough that we feel comfortable putting out money where our mouth is. We issue a buy price of under $12.5 and an initial price target of $25.

[Televet]

BurgerFi International Inc.: Worth A Bite As A Potential Turnaround Story



https://seekingalpha.com/article/4451589-burgerfi-international-inc-worth-a-bite-as-a-potential-turnaround-story?mail_subject=bfi-burgerfi-international-inc-worth-a-bite-as-a-potential-turnaround-story&utm_campaign=rta-stock-article&utm_content=link-2&utm_medium=email&utm_source=seeking_alpha


Is BFI a Buy?

BurgerFi's Q2 results represented a transitional period setting the stage for the company to move past the pandemic disruptions with a stronger second half of 2021. We believe the turnaround story is compelling enough to take a small position in the stock which we believe offers a compelling valuation with significant upside. We rate shares of BFI as a buy with a price target for the year ahead at $15.50 representing 55% upside from the current level and a 4.5x multiple on our 2022 revenue estimate. The upside here is that the company can exceed expectations on the growth side adding to positive sentiment.

While we are bullish, shares of BurgerFi as a micro-cap stock with currently negative earnings are expected to remain exceptionally volatile and otherwise high risk. The stock is very sensitive to growth estimates and weaker than expected results in the coming quarters could add to further downside for shares. The uncertainty regarding the outlook for COVID and its potential impacts to the restaurant industry remains a risk to watch. Monitoring points for the rest of the year include the gross and restaurant-level operating margin along with progress in opening new restaurant locations.

[Televet]

https://seekingalpha.com/article/4448696-burgerfi-international-inc-2021-q2-results-earnings-call-presentation?mail_subject=bfi-burgerfi-international-inc-2021-q2-results-earnings-call-presentation&utm_campaign=rta-stock-article&utm_content=link-2&utm_medium=email&utm_source=seeking_alpha

[Shady outlook]

Is this good or bad?

[Televet]

BurgerFi to join Russell Microcap Index

Jun. 16, 2021 9:58 AM ETBurgerFi International, Inc. (BFI)By: Kaushik Sampat, SA News Editor

BurgerFi International (NASDAQ:BFI) set to join the Russell Microcap Index at the conclusion of the 2021 Russell indexes annual reconstitution, effective after the U.S. market opens on June 28, 2021.

[MfridgeV2]

Heavy call volume lately… it might come sooner!

[Spumoni]

Nice pop! We should see $18 by years end

[Televet]

10-Q out

Looks good to me

https://www.otcmarkets.com/filing/conv_pdf?id=14970256&guid=wifnUpA5J_OH4yh

Management Commentary

“The first quarter of 2021 reflected our return to positive sales growth, achieved through unit growth and same store sales growth in both corporate owned restaurants and franchised locations,” said Julio Ramirez, CEO of BurgerFi. “Our success demonstrates the continued momentum from the COVID-19 pandemic recovery, supported by growth in our number of locations, strong results from our digital channel, the execution of our marketing strategy and successful limited time offerings. As a continuation of the investments in our digital channel, we also recently announced that we have hired Karl Goodhew as chief technology officer, a new position at our company that reflects the increasingly important role that technology is playing in our business.

Additionally, we continue to redefine our brand and value proposition, and I’m pleased to say we have hired Henry Gonzalez as chief marketing officer. With his extensive leadership experience in field and corporate marketing, he is uniquely qualified to collaborate with all stakeholders to help us unlock our brand’s potential and drive growth

[Televet]

https://seekingalpha.com/news/3689090-burgerfi-picks-industry-veteran-for-marketing-chief?mail_subject=bfi-burgerfi-picks-industry-veteran-for-marketing-chief&utm_campaign=rta-stock-news&utm_content=link-3&utm_medium=email&utm_source=seeking_alpha

[Televet]

S-1 Share offering. Priced at $13.16. 38 M shares added to the existing 17M shares for a total of 55M after offering???

Anybody have comments?

https://seekingalpha.com/filing/5503475?utm_medium=email&utm_source=seeking_alpha&mail_subject=bfi-burgerfi-international-inc-sec-filing-securities-registration-statement-s-1-april-30-2021&utm_campaign=rta-stock-filings&utm_content=link-1#D167574DS1_HTM_ROM167574_15

[Televet]

Didn't realize they were delinquent.

Looking for shares to go up from here.

https://finance.yahoo.com/news/burgerfi-regains-full-compliance-nasdaq-200500804.html

[Televet]

Looks good to me. Shares down?

https://finance.yahoo.com/news/burgerfi-reports-fourth-quarter-full-110000516.html

[Shady outlook]

Does this thing have a price target?

[Nestegg McMuffin]

Investor Deck -- https://d1io3yog0oux5.cloudfront.net/_5573dbd3d8ae42ffdd4d908be5c6c410/burgerfi/db/1086/9681/pdf/BFI_Investor_Deck_03.03.21.pdf

[Nestegg McMuffin]

New CFO with great resume. http://www.globenewswire.com/news-release/2021/03/03/2186364/0/en/BurgerFi-Announces-Appointment-of-Michael-Rabinovitch-to-Chief-Financial-Officer.html

[Nestegg McMuffin]

Heating up nicely here.

[Televet]

I don't know where you got these numbers but the OTC web site has these stats:


Market Cap Market Cap 120,297,352 03/01/2021

Authorized Shares Not Available

Outstanding Shares 7,862,572 11/12/2020

Low share count at any rate.

[Televet]

https://finance.yahoo.com/news/martha-stewart-joins-burgerfis-board-161700061.html


Stewart to Chair Product & Innovation Committee

PALM BEACH, Fla., March 1, 2021 /PRNewswire/ -- BurgerFi International Inc. (Nasdaq: BFI, BFIIW), one of the nation's fastest-growing premium fast-casual concepts and QSR's 2020 Breakout Brand of the Year, known for its hand-crafted better burgers, has named food entrepreneur and cultural icon, Martha Stewart to its Board of Directors as Chair of the Product & Innovation Committee. Stewart brings a lifetime of experience in successfully launching countless brands, culinary products and recipes. Stewart is the Founder of the first-ever multi-channel lifestyle company, Martha Stewart Living Omnimedia, an entrepreneur, bestselling author of 98 to-date lifestyle and recipe books, and an Emmy award-winning (18 Emmys to date) and James Beard award-winning television show host.

Martha Stewart to Chair Product & Innovation Committee of BurgerFi's Board of Directors

"BurgerFi is honored to welcome Martha Stewart to our Board of Directors. Highly regarded as the 'original influencer,' her lifetime of successful achievements and knowledge of marketing, product innovation and food expertise are second to none. As a pioneer in the world of culinary consumerism, Martha stands out as a leader and has the unique ability to connect with an audience. We look forward to her contributions and creative ideas that will enhance the BurgerFi business and brand," said Ophir Sternberg, Executive Chairman of BurgerFi.

Today, Stewart reaches more than 100 million devoted fans on a monthly basis, holds a 96% brand awareness among women in the US and 70% of US millennials say they have tried a Martha Stewart recipe – her reach is endless and America's appetite for her is still insatiable year after year.

"BurgerFi's chef-driven concept attracted me to the brand. From their hand-crafted menu items and their commitment to the NAE program – No Antibiotics Ever, BurgerFi's mission to redefine the way the world eats burgers is powerful and showcases their efforts to excel with their products and innovation. I am looking forward to being a part of the BurgerFi family and watching the brand amass its true potential," said Martha Stewart, newly appointed BurgerFi Board Chair of the Product & Innovation Committee. "The BurgerFi VegeFi burger is made with 15 of the freshest vegetables and ingredients and made right in their newly expanded commissary in Palm Beach. It's as if the vegetables were picked right from my own garden!"

BurgerFi uses 100% American angus beef with no steroids, antibiotics, growth hormones, chemicals or additives. BurgerFi's menu also includes high-quality wagyu beef, antibiotic and cage-free chicken offerings, fresh, hand-cut sides and custard shakes and concretes.

"BurgerFi is a powerful better burger concept and when you combine forces with a powerhouse like Martha Stewart, who can infuse her talent, experience and knowledge with a passion and excitement for the brand, it's a recipe for even greater success," said Julio Ramirez, CEO of BurgerFi. "It's a great honor to welcome Martha Stewart to the BurgerFi Board of Directors. With chef-inspired products, Martha's appointment to the board seemed natural given her cornucopia of achievements. Her contributions as Chair of the Product & Innovation Committee collaborating with our very own Chef Paul Griffin will undoubtedly boost the brand and create strong value for the company."

Since founding her company, Stewart has been named one of the "50 Most Powerful Women" by Fortune magazine five times. She was included among the 100 Greatest Living Business Minds in the 2018 Forbes Magazine Centennial issue and Adweek magazine named her their "Media Visionary" of the year in their annual Publishing Hot List in 2017. She was also included among the 100 most influential men and women of the year in the 2005 TIME magazine's annual "TIME 100" list and was also named one of "America's 25 Most Influential People" by TIME magazine in 1996. She has won numerous James Beard Foundation Awards for the Best National Cooking Segments.

Stewart joins BurgerFi's Board of Directors whose robust leadership includes notables such as Steven Berrard, Co-Founder of AutoNation and Executive Chairman Ophir Sternberg, CEO of Lionheart Capital. Stewart also currently sits on the board of publicly traded companies, AppHarvest and Sequential Brands Group.

[Golden Cross]

This will turn out to be the best short play of the year...

[Nestegg McMuffin]

+ 5.87%. No flipping! Even if it's a burger chain.

[Nestegg McMuffin]

Bought the dip, now for the fries...

[Nestegg McMuffin]

Great burgers and great company ethos. Chain has 10-year history and grown to 130 locations. New money and new management recently arrived to roll it out further across the country.
Shake Shack watch out.

[mick]

THANK YOU, 01-31-2021

BurgerFi Internation (BFI)
12.19 ? -0.89 (-6.80%)
Volume: 876,103 @01/29/21 7:58:11 PM EST
Bid Ask Day's Range
12.15 12.34 11.85 - 12.95
BFI Detailed Quote

[glens0]

Latest news, "This Popular Burger Chain Is Opening 35 New Locations This Year"

[glens0]

BurgerFi International Inc
Shares Outstanding
7,862,572
Float 1.89M
Insider Ownership
7.80%
Insitutional Ownership
7.00%

[glens0]

https://www.msn.com/en-us/money/companies/this-popular-burger-chain-is-opening-35-new-locations-this-year/ar-BB1dezn4?ocid=msedgntp
Outstanding Shares
7,862,572
11/12/2020

[Golden Cross]

$BFI Now having options will open up many new plays... GLTA

[Golden Cross]

BFI now has Options

[Golden Cross]

Usually the way it works

[Shady outlook]

Got the PR, but nobody noticed

[Shady outlook]

I know as soon as I sell this, it will take off.

[Golden Cross]

My #1 Put play right now... Target $7

[Shady outlook]

Need a PR

[Golden Cross]

I am short on this for now... Maybe $10

[Shady outlook]

No clue. When is this thing taking off?

[Golden Cross]

Why is there still no Options on $BFI

[Golden Cross]

Would have thought more volume here

[Shady outlook]

Volume is still not good