Definitely some risk. Go to NADLs website and you will see their rigs are nicely positioned. I oil prices continue upward NADL will do great. A lot of buyers are not aware of the great dividend, because it is not listed yet on the yahoo website. The info is readily available on NADLs website. The fact the company is majority owned by Seadrill gives it both credibility and stability. I say buy on the dips and you cant really go wrong.
FRS market cap is 130M. Big Boy Restaurants International LLC is private so their valuation would depend on how much debt they have. Robert G. Liggett Jr. the owner of Big Boy is 70 years old, so I wonder if he might be ready to sell out?
FRS seems well run and has a nice dividend. Big Boy is a well known brand, but it appears Big Boy Restaurants International LLC is in need of some TLC. If nothing else maybe Steak and Shakes could be built in current Big Boy locations?
Big Boy Japan currently has 277 stores that seem to be going strong.
Big Boy Restaurants International LLC is a restaurant chain with its headquarters in Warren, Michigan, in Metro Detroit.
Big Boy is a nostalgic chain that might blossom again if managed well.
Big Boy was started as Bob's Pantry in 1936 by Bob Wian in Glendale, California, USA. The restaurant became known as "Bob's, Home of the Big Boy Hamburger" then as Bob's Big Boy. It became a local chain under that name and nationally under the Big Boy name, franchised by Robert C. Wian Enterprises. Marriott Corporation bought Big Boy in 1967. One of the larger franchise operators, Elias Brothers, purchased the chain from Marriott in 1987, moving the headquarters of the company to Warren, Michigan, and operating it until declaring bankruptcy in 2000. Following the bankruptcy, the chain was sold to investor Robert Liggett, Jr., who took over as Chief Executive Officer (CEO), renamed the company Big Boy Restaurants International and kept the headquarters in Warren. The company is the franchisor for 112 Big Boy restaurants in the United States.
Frisch's: The other Big Boy. Immediately after Liggett's purchase, Liggett Restaurant Enterprises dba Big Boy Restaurants International negotiated an agreement with the other large franchise operator, Frisch's Restaurants transferring to Frisch's exclusive, perpetual ownership of Big Boy marks in Kentucky, Indiana, and most of Ohio and Tennessee, and transferring all other Frisch's territories to Liggett. Big Boy International and Frisch's now are co-registrants of the Big Boy name and trademark. Thus Frisch's is no longer a franchisee but a substantially equal owner which actually operates or licenses even more American Big Boy restaurants than Big Boy Restaurants International. Frisch's is the owner or franchisor of 118 Big Boy restaurants in the United States.[
B closed today at $75.06 and A at $72.94, a difference of $2.12, which seems excessive to me. I know B is much more liquid than A, but is that the only explanation? Back in August A was trading higher than B. Within 50 cents I could see, but $2 seems like a lot.