I got out of yumc this morning, betting that I can get back in at lower price. For the rest of the year, the stock will be trading in the low $40s at best. Inflation, Covid, and Beijing will make it a tough year for all businesses in Mainland China. But the YUMC appears to have a solid management team. I could see the stock hitting $100 in 2025-26, so will look to get back in this summer.
T
china rising
y
I wouldn't mind seeing yumc retest its yearly low--I'd buy more. It may stuck below $45 until year end given Beijing's covid policy. It could still reach $100 in 2025. The company is well managed, growth opportunities remain vast. Just need Beijing to accept the alternative reality that exists and it doesn't jibe with their political vision.
M
Pretty good quarter all things being considered.
Bullish
y
I'm surprised that yumc is on SEC's delisting target. It is very much a US company, just operates exclusively in Mainland China. I believe its accounting is even US firm. It is Beijing who is restricting yumc and other China based companies from letting foreign audit rather than the companies themselves. I'd buy if the stock drops further because of political bickering. I'm comfortable with owning shares trading in HK exchange.
a
I am surprised YUMC drops like other China stocks.
I trust YUMC's financial reporting for sure. I do not believe this company will get delisted in the States. Nevertheless, delisting or not in the States does not really bother me. There are millions of companies not listed in the States and they are doing just fine. If a business is profitable, people will just want that business.
There are obviously some risks that this will go lower but I would say this is one 'China' stock that I have high confidence of making me good money in the medium and long term. I just brought 300 more shares today. I will start cost average in more for a couple of months.
j
I hope the longs on this board changed their mind ! Public finally understand risks with food and delivery difficulties at this time.
N
Anybody here been "here" a while? Looking for good entry point. Thinking $30 will it get there? Thoughts?
y
The main problem yumc stock faces right now is politics. Inflation will hurt all restaurant companies, but yumc's fundamental remains very positive. China offers the best growth opportunity for yumc, sbux, mcd, wmt, cost, and even pharmas. Once China reaches a proposal that satisfies the US--it is working on it now, the stock should rebound towards $50. To go beyond $50 will depend on China's COVID policy.
R
the major 10 days labor holiday of China is coming in October. lots of people in China would be traveling back home to visit their families. Chinese loves to eat out. This would bring good business to YUMC. Remember October.
M
First stock I purchased was Yum. 9 little shares at $26 each. I don’t have lots of cash to invest in things but have enjoyed watching this one grow!
S
Good buy around $30
D
Better cover, they beat the estimate by .07 cents. They bought back 2.7 million shares last qtr. opened 350 stores in last qtr. net income increased 15% to 203 millions
B
What corporate action?
Date: 03-02-2020
We have canceled the trade trigger(s) for YUMC in your TD Ameritrade account ending in xxxx because that company has reported a corporate action. Corporate actions can include stock splits, dividend payments, or other events that may affect shares of the security.
s
Don't vote to sell your shares. I like holding this one.
W
YUMC to be delisted by 2024 unless they make their auditing transparent to comply with SEC rules. I believe it would be in their best interest to comply.
I trust YUMC's financial reporting for sure. I do not believe this company will get delisted in the States. Nevertheless, delisting or not in the States does not really bother me. There are millions of companies not listed in the States and they are doing just fine. If a business is profitable, people will just want that business.
There are obviously some risks that this will go lower but I would say this is one 'China' stock that I have high confidence of making me good money in the medium and long term. I just brought 300 more shares today. I will start cost average in more for a couple of months.
Date: 03-02-2020
We have canceled the trade trigger(s) for YUMC in your
TD Ameritrade account ending in xxxx because
that company has reported a corporate action. Corporate actions can
include stock splits, dividend payments, or other events that may affect
shares of the security.