RE:RE:RE:InformercialTorontojay wrote: Tree island steel is also very cheap no matter which metric
you use. There is a lot of balance sheet strength much like we have with Reitman's but the stock price is going nowhere. Maybe one day that will change.
Spot coffee was a Canadian company trying to be the next Starbucks. That didn't work out too well. Poor execution is usually the downfall for these smaller companies. They take on too much debt and then at the peak of the market cycle they get hammered.
I've owned TSL in the past and was watching it in the 2.60's recently debating but didn't pull the trigger. It's definitely been in the "why is it so cheap?" category for years.
With HBFG I would guess it will.have a reckoning at some point but that doesn't mean it can't move up on fomo and dreams during the honeymoon stage before actual metrics and reality brings it back down. They announced another restaurant opening after the close tonight. And probably another before the end of the week. Then three more next week. In Canada. With a extremely bloated QSR sector already experiencing sales declines. Will definitely be worth watching. Tough to accurately value it during the rapid expansion stage it's currently in though. Maybe it's better than I think....I'm wrong at least 45% of the time.