RE:Buy Opportunity? Not sure that is their agenda in the short run. IMO these are experienced players with an agenda to build out a franchise network using all they have learned before.
Sean is looking to grow by consolidating key brands around categories. Essentialy duplicating his MTY roots and playbook.
So IMO it is too soon to talk buyout and this is currently still an emerging player just beginning to grow out its locations. Two years from now, this might be $2. Healthy increase but no runaway prediction and based on wishful thinking about what would be acceptable to me.
My strategy is to buy a good chunk and simply hold. I added more today and I am close to my limit on this one. Time will tell if it is a good move.
Cdnmate23 wrote: Any thoughts on this being a takeover candidate for United Natural or similar? Growth expectations / pressures come with a sharp price increase as they have recently seen, and resultant capital inflows to redeploy.