Are they a take out target?
What Multinational Chain would like to add this strong Brand to it's stable of brands?
Acting like they are a target.
A BIG diversified multinational could use this BRAND.
The relatively smallish size of KKD seemingly provides a huge DOMESTIC and INTERNATIONAL opportunity. One of those companies that is in the SWEET spot for POTENTIAL GROWTH looking out a decade.
A fine balance sheet with nice earnings...
A Great take out candidate.
And STILL way under the radar for traders and investors. Nice.
New Buy Rating basically confirms that any takeout would / should be at a 50% premium+/- at this time.
Still think they could be primed for a take out.
Absolutely.
Ya, but who would buy them that makes sense? i cant think of anybody. at least nobody in the US. maybe a foreign company?
$9.33 seems to be the KEY level today.
Any close above $9.34 puts this into a very bullish position.
I have said this before. KKD is a prime takeout target. Its easier for the big chains to buy em now, then compete with them later.
Really looks like a stellar take out target.
They are large enough to be an established BRAND while still being small enough to:
1. Acquire at a reasonable cost
And
2. Be able to grow SIGNIFICANTLY over the next 8 to 10 years + in the right hands.
A well run profitable company with a strong balance sheet.
They look like prime target material.