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FRANCHISE BANCORP INC. V.FBI

"Franchise Bancorp Inc is engaged in the operation of corporate-owned specialty retail stores & sale of franchise stores in Canada. It conducts retail operations through separate retail outlets of lighting fixtures and pet food supplies."


TSXV:FBI - Post by User

Post by TheRock17on Mar 28, 2005 7:51pm
272 Views
Post# 8821143

Trading at less than cash value

Trading at less than cash valueAnother of my picks..AWB....is also trading at less than cash value, with consistent profitability. FBI is in a very good sector...consumer..and is gradually growing its system sales,while pruning out the poor performing stores in its gift subsid. Q2 should give us a better idea as to the success of these moves, and might see earnings above 1 cent/share. That should bring us some attention and perhaps a elevation of share price above the 20 cent level. It shouldnt take much volume, as the shares are very tightly held...
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