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Freshii Inc - Class A (Sub Voting) FRHHF

Freshii Inc is a company that engages in the development, franchising, and operation of quick-serve restaurants throughout the world with the majority of its locations in Canada and the United States of America. Its products include a menu of salads, burritos, wraps, rice bowls, yoghurts, breakfast and soups made with fresh ingredients. It operates through the Franchise Store and Company-Owned Store segments.


OTCPK:FRHHF - Post by User

Post by Notgnuon Mar 01, 2019 11:13pm
264 Views
Post# 29432255

Wilting like brown lettuce at a gas station

Wilting like brown lettuce at a gas stationWish I shorted this last summer when I considered it. Good side is they have cash. Bad side is the sales growth plans are desperate. Walmart is notorious for low low margins and gas stations delivery logistics I imagine are not great. Still trading well over 2 x NAV so they need some cash flow growth and it seems the concept is good (theoretically) but consumers seem reticant to flock to them. I've been watching the one near me and it's not too busy from what i can see. I think its a skin of the teeth proposition and I will look closely if it goes on fire sale or if some amazing news happens otherwise I wish you good luck. Looks like this one needs some.
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