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Kona Grill Inc. Message Board

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  • newbobe01 newbobe01 Feb 11, 2011 7:22 AM Flag

    Earnings report

    Saber, I am still here, but yes, this board is dead. I thought the earnings and sales were pretty good. Haven't had time to listen to the earnings call yet, but at least it appears, out of the ashes, they have pulled it it out. I, like many others, hope for a PUBLIC buy-out so we can continue to participate. We shall see how the market reacts to the earnings today.

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    • There's not much to say. No new restaurants this year, a few older ones to be remodeled. Some tweaks in pricing. No discussion about the weaker outlets, particularly the overbuilt Phoenix market. The primary focus seems to be cash flow and eliminating debt, not a bad thing in general. Management has a history of lowballing projections, hope that holds true for the upcoming quarter.

      • 1 Reply to dcxavier
      • glad a few people are thinking about this...just read the transcript...getting the ship in order...keeping the concept alive and going...clearly they over-levered in a market tied strongly to housing and that market wont be healthy again until the second half of the decade...the part gets invesotrs excite is the growth aspect and clearly thats on hold.....seems this stock will trade/ float with the micro cap market this year...maybe by the year-end if all is well...growth will be put back on track...

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