Neither CHINA or YUM are going away...
Sentiment: Strong Buy
yep, neither is India, or Africa or Asia (but maybe Europe). Anyway, this is a huge buying opportunity for YUM. They are loading up on their share buyback today.
My Bloomberg does not show any buying by the YUM agents. There may be as someone suggested, a reset on PE in process. I will let the noise subside before leaping in.
Doing business in China has been very difficult. Labor cost double in less than 5 years for instance.
More $ to go to YUM resturants.....
You may see a bounce above $69 by the close. If so, you should sell it and go long YOKU -- the much better play with good revenue growth and outlook.
oh no! I will be trapped under 69 :( folks in news said, go short... is it oversold already?
Check tickerlickdotcom. Even after the huge selloff, technical indicators suggest, Yum is still a sell
Yeah but apparently not enough Chinese are eating American fast food and that's where the company gets over 40 percent of their revenues.
There's always India and they LOVE Mexican food! This company's a win win win.
KFC is a huge winner in China..More eaterys are being built..Chicken is one of the favorite meats in China..Gooo Yummmmmm!!!