Would you like to formally sue the board under the failure to follow their fiduciary duty obligation. No wait, how about a shareholder class action lawsuit using the business judgement rule for making bad decisions because you seem to think they do not know what they are doing.
Can you offer more details on your low royalty assessment. I am curious as to what metrics you using to come to this conclusion? Also, I am guessing that you belive, based on your comments, that the board clearly does not have the intelligence to consider merger options like the one you suggested.
And if they did, they should disclose this to us shareholders.
funny that after listening in on the past 4 years of quarterly conference calls, not a single wall street analyst has ever brought your comments to the senior management team to get their responses. I think you should do this during the next conference call. Please feel free to sign up and ask them to respond to your analysis.
Hopefully they will incorporate it into their image activation and turnaround program because after new management took over when the stock was at 4 plus change, they have not done anything even though it is now around 8.60 plus change.
My guess is the more we all shut up on this board the better the chance that the stock price will go up!
I can tell you that the new stores going up near me are in prime locations with a lot of new growth. Also they are just off popular state highway ramps.
As for the turnaround program I really hope things pick up in 2015 which I believe was the original plan expectation but with the new growth programs added on post original turnaround program, I might sit it out until 2016.
If they increase the divy again ( which I expect will happen again in 2015), I will have to reassess my time horizon again because the routine divy increase continues to be one of the factors that keeps me in the game and patient.
Well, you kind of have to appreciate the history of this stock to understand, in my view, why this trades away from the daily Dow/s&p 500. For starters, we all know how this thing lingered for years after DT passed away. Finally, someone took a real hard look at where this company stood from all the beat down and felt like they could raise the phoenix from the ashes. That someone was nelson peltz and his Trian private fund, so back in 2011 and early 2012 you have a complete change of management and CEO flanked by a a well known activist investor whose job it is to make money for himself and his private fund and anyone else who wanted to hang for the ride just may get lucky.
Problem is, this stock is high risk, categorized by most investment firms as "aggressive growth" which automatically reduces the average investor pool bcz of mainstream risk tolerance. As a result, the Dow and other familiar indices would and have passed over WEN bcz it is too risky.
However, those few institutional funds along with risky nuttballs like myself who have doubled down and bought in back in 2012 have stayed put while the Trian FundFund, after selling out and then buying back in has raised a few more eyebrows.
My point is, serious WEN investors follow this thing day in and day out and have become comfortable with managements long term game plan which is why we hold on while other institutional and more conservative investors stay on the side line waiting and watching for more sustained or improved earningsearnings. So we won't see their emotions in this stock yet as they now have with the typical market indices.
In the meantime, I will continue to collect my $3,300+ divy and reinvest it back in and should the Feb qtr call and 1q results show numbers that really impress wall street, we looongs will ride this wave for a long time bcz at that point this new management team will have finally proven that their turnaround program has worked and it will get better going forward.
Tried it. Man, I thought it was very good! I'd not think a mushroom could make a difference, but it does! I am curious to hear what the results are at next conference call. I hope it comes in strong but I think selling g a mushroom burger limits interest at first glance but after you fast it, you change your mind very quickly. I
I do not recall any of the other FF hamburger joints have tried this, e.g., BK, MCD, have they?
Well, glad we have a devils advocate on the board. The way I talk you think I was a hired gun for Wendys. At least you keep some of us in check!
Sentiment: Strong Buy
Its nice that you noticed this. When new ma agement took over, one of the factors addressed in their turnaround program was that all staff members had to be retrained and part of the retraining program was improvement in customer service. From your lwspevtive, looks like it is working.
Porch. They are. If you review the august conference call transcript there was a question raised by an analyst (Keith) who addressed this exact question with respect to the younger crowd, e.g., millenium generation. So to answer your question, they are.
I can't believe thus particular message thread is still popping up every now and then. Kind of funny.