The crust is partially prebaked. (which means Stale) Otherwise it would take longer than 2 minutes to cook.
Nothing within or about Pie 5 cannot be copied just as they copied it from Top That Pizza.
But its still a cost and there are likely to be more such "charges" for bad locations in the future.
I had to ignore foodeyes outragous hype. It was just too over the top.
“We were doing well at Knox; but the truth is, it just wasn’t an easily accessible location,” said Smith. “By moving just a bit further north to Greenville Ave., we’ll be able to serve a whole lot more Pie Five fans!”
2 of you morons mark my post negative because you don't like facts ?
Nothing but mindless hype is allowed, right ?
Read their SEC
My claim is not a claim, its a FACT. Read their SEC filings. Believe it or not, you johnny come latelys don't know everything.
With 7 million shares short last month, its not suprising to see the stock at $13.20. Does NOT mean there will be a higher offer.
But, we do get dividends and, if the deal doesnt close by year end, a slight increase depending on how long it takes I believe.
He has enough to buy UNAM if he wanted it. $75 million for what he doesnt own would be enough. If not, he could finance another $5-10 million or pull it from somewhere.
$20 a share dividend would fit right into his plans because he could retain his position and cash out of 20%.
Im thinking he is looking for something other than or maybe bigger than UNAM. Because he has the cash to make that happen right now.
Actually, its not so bullish in PZZIs case because insiders get extra incentives for insider buying.
Its a good program to incent insiders to own shares but it dilutes the predictive value of the buys.
(Not short, just saying)
I dont think he is going away. He might lighten up his position on strength or to institutions in arranged trades but I doubt he is going to dump stock in the open market running the price down.
I suspect he plans to stay over 5% and maybe go after a board seat later on after CBRL stumbles.
I suspect the $20 dividend might get 35% of the vote but too much stock is held by large investors who wont vote against the board unless a 3rd party advisor says to. And none are going to say so with how well things have been going for CBRL.
Of course, I dont know what else might be on Biglaris radar. I do think BH would increase in value if he were able to sell half at market. Because as of now, the market values his stake at a discount because of the presumed illiquidity.
It might be good to take some of his marbles off the table and invest them in stocks that have more upside.
The vast majority of the books are returnable for a full refund. So BAMM really does not have much inventory risk.
Looks like they will be deploying their excess cash into real estate and then hopefully will manage the continued book sales decline well over time. With them closing stores where they dont make financial sense to stay open.
TWMC did that very well and I expect BAMM will be able to also. (Closing stores without massive writedowns)
$8 million ($3+5) is CHUMP CHANGE compared to the kind of money that will be invested in this space long term.
Its not really a competitive advantage at all.
They could have corrected the filing today but did not.
I looked back at the last one and it said $3,000,000 in both places. So even if 600k shares would be the approximate amount sold, its not asking for the # of shares, it asks for a $ amount. They apparently just pulled $600k out of thin air.
I do think that with them continuing to feed shares to the market, it could keep the stock from going higher.
Indeed, I would argue it might be $10 now if not for the $2.9 million worth they already sold.
Im not even considering buying back unless it were to fall to $4-4.50 and that might not happen unless the market really craps out.
So you think its $5m on top of the $3 million for $8m total ?
That might keep a lid on the stock more than $600k would.
If its a typo, it should be corrected.
Found a pick of their new logo.
Its not as good as "Cracker Barrel Old Country Store" would be but it shows a man in a rocking chair which should give the impression of Cracker Barrel.
I also expected to see tangible evidence of a turnaround by now. And Im hoping for some evidence this month.
But, the X-mas quarter is by far the most important and they will have to show significant progress/results for the stock to maintain its current $14-15 range or increase.
Strong comps and a profit this coming quarter would be early evidence. (They have not had a profit this quarter in the last 5 years)
I think the new advertising/marketing will begin in Nov though. And of course, the real kicker, new cash registers, which all but guarantee huge same store sales increases. LOL
It might happen by Christmas. The other guy was supposedly doing some merchandising work during his 6 months ....“I look forward to serving Tuesday Morning on a consultative basis, with a focus on continuing the exciting merchandising programs we’ve successfully executed over the last several months.”
Still not sure why he only lasted 6 months but between his 6 months and Roleau's 7 months,merchandising should be better just in time.
If they have a flat x-mas, I agree the stocks going lower. But I think they have just as good or better chance of having a really good x-mas and going higher.