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krays

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krays

Re: AugustaFriends post# 16377

Tuesday, 12/16/2008 7:21:05 PM

Tuesday, December 16, 2008 7:21:05 PM

Post# of 651283
Couple of other beat up resturant stocks for you have a look at. I would value your opinion as I have direct links to all three companys. Casual dining traffic has suffered from recent economic conditions but all of these companies forward contract beef and other protiens at set pricing generally on yearly contracts. Those contract prices are scheduled to reset on Jan 1 09 at prices much more favorable to the resturants. Any improvement in resturant traffic should come with improved margins as beef prices in particular have dropped significantly from 2008. All three concepts should see cash flow improvement in 2009

CHUX RT

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"A man doesn't know what he knows until he knows what he doesn't know"

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