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Krispy Kreme Doughnuts, Inc. Message Board

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  • skiidady skiidady Jan 24, 2010 10:29 AM Flag

    KKD: a real estate play?

    Oops! Book value includes goodwill. Strip that out and you have tangible book value of .55/sh. 5 times tangible book for a non-profit. Seems a little high. I'd rather buy WEN at closer to book for a real value.

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