- it can grow well in international market but it needs massive infusion of cash to grow and repel competitors like dunkin or noah's bagel
- wendy wants international opreation to penetrate into chinese market where people love fast food
perfect marrigae but who knows what the sale price might be ? if wendy offers $10.00 in CASH it will be hard to say NO
With Dunkin Donuts and Crumb expected to IPO later this year, would that be a good --- or bad --- thing for KKD?
KKD (>$400M sales) is a niche player compared to DD (almost $8B).
I guess it will depend on how that offering is received, which will be in part based on its balance sheet.
Maybe THAT will be the impetus for "someone" to come in a snatch up KKD? Maybe.
Either way, barring market meltdown, I think this stock will hit $8 and higher by the end of the year.