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Jollibee looking to buy Pret a Manger

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  1. #51

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    Corona and a few other concerns...



    https://www.business-standard.com/ar...0700946_1.html


  2. #52

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    Quote Originally Posted by shri:
    To be expected really given how the market has performed and the vulnerability of fast food in general. Not a good time to be in many sectors. On the other hand time it right for a long term play. Jollibee p/e ratio must be almost reasonable by now.

  3. #53

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    Original Post Deleted
    So still high, too high.

  4. #54

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    Fast food retailer with most of their stores closed or on delivery only suffers big losses during a pandemic. Hardly a shock and didn't even register on my list of world concerns.

  5. #55

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    Why do you think it's halved? That would be more helpful ...

    Greggs UK is also at 50% from its highs in Feb. Diff business / diff country and all ... but still there is some amount of correlation to store closures and related financial issues within the F&B industry?

    (Plus would be PH economy is in the dumps... govt issues etc.. but still..)

  6. #56

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    As I said, doesn't register on my list of concerns so I haven't given it any thought one way or the other.

  7. #57

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    If it makes you happy then that is good. I'll get on with my life.
    traineeinvestor likes this.

  8. #58

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    Just noticed it is up 35% since then to 179. Wish I'd bought .

    Third store about to open in the UK so if ever you are home you can drop in.

  9. #59

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    Now at 214, you could have made a nice return.

    In UK now Leicester Square, Earls Court, Leeds, Leicester, Liverpool. Shortly to open in Cardiff and Edinburgh. Plan is to open 20 per year in the UK. Also in Rome, Milan, Madrid....

  10. #60

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    Haven't plugged Jollibee for a couple of months (I really don't have any financial interest in them)

    https://www.forbes.com/sites/jonatha...h=4de3c97d1f5f


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