Yes I agree with everything you have to say.. the management is NOT shareholder friendly and the lack of insider holdings is a testament what they expect going forward. I also wouldn't be surprised is their was a secondary stock offering as little cash is on the balance sheet. I am looking at better run, better companies that are firing on all cylinders. This one won't go anywhere for quite sometime without more interest by management and BOD to build shareholder value.
This is a stock to buy on dips, do not get greedy... but over the next three years, if you keep a core position, there is potential for this to be trading 3 times where it is now. The company has already proven that they exceed expectations. They forecast a really nice growth rate that makes the stock look cheap where it is now and there is no reason to believe the will not exceed again. I was fortunate to buy AAPL at $37/share pre split when I experienced my brother in laws white iPod with a non color screen for the first time. I knew this would be a hit, so bought AAPL the next day. I made $30k and Steve was sick so I sold and bought a car.... BIG mistake! The lesson I learned, and want to share for you to learn, you can find great companies, but be patient, if the company has a game changing product, CEO that disrupts the current business, and the company is reinventing itself, then hold you stock! RH stock is a 10 bagger if you hang on for the long term, the Gary Friedman is the next Steve Jobs, and will most likely be more wealthy than Steve
Maybe if any insiders would hold their shares, they would be a little more concerned about building shareholder value
Trimaran Pollo partners reported a sale of over 57million shares...... the float is just over 20 mil shares with 37.44 mil shares outstanding. Did we, as shareholders, just get diluted with more shares outstanding?? Where was the SEC filing if this was the case? I consider myself a pretty savvy investor with over 25yrs experience investing (obviously still learning), but this is confusing to me.... someone with more knowledge please explain.
Do you think they really give a dam about the shareholders or what the stock price is?? They all sold out when things in 2014 were rollin. Very unimpressed with the conference call.... total lack of passion and confidence about the future. They admitted mistakes and that tells me we have lemonade stand managers running publicly held company and they are over their heads. I do own shares but TG very few shares, going to be some time before this hits the 30's again. Management needs to focus on building shareholder value, I did not hear that in this call. Good luck
BWLD mentioned increased wing prices.... chicken prices have not increased as dramatically. LOCO has hedged the price of chicken so no effect and should not be an issue.
So far the bird flu has only struck one egg farm.... no impact at this point and most likely, since the bird migration is nearing and end for the year, there will be no more outbreaks. Great time to buy LOCO here, very cheap for it's growth rate and comp increase
Sentiment: Strong Buy
Looks like they are partnering with local brewers and offering a place to socialize/refill growlers. WFM will always be the trend setter.... buy on this dip and hang onto if for many years ahead and you will be happy! Another innovator is RH, LOCO and WWAV, buying these stocks on dips and hanging on for many years to come.
Sentiment: Strong Buy