They JUST stated in the last 24 hours that they want to grow STORE COUNT approximately 15% compounded annually over the next 4 years for a total of 71% expansion. And that is just for the next 4 years.
They MOST likely see this as highly likely target to hit if they are sharing it.
Might be closer to 20%.
That is NEW STORES....what about increased sales of existing stores?
A HUGE Company could swallow up KKD and enjoy the upcoming expansion.
OR...KKD can go it alone and enjoy the possible $35 to $45 +/- Stock Price by 2016 / 2017.
So - simply put...if you take a possible stock price of $40 to $45 in 2016/2017 and discount it back 15% to current...
That would equate to $17 to $23 per share. Is that the PREMIUM KKD would accept in the near term to be bought?