RE:Recessions effect pn YUM
Jeremiah when I think about my family and myself the reality is this while the bigger size products seem expensive at $30 it really isn't. We used to eat out a lot until I took up the cooking responsibility over 30 years ago during which time fast foods have risen continuously in price and wages as now not so much as the rate of inflation. In the early 90s $2.50 foot long sub sandwiches at Subway then $5 $6.50 $7 now near $10. My brother and I do our best to eat vegetarian by background we should be and in time our family would buy rent free cheese but because costs are always more on frozen and store bought foods we would sadly compromise on the cheese in things like pizza and lasagna etc. But when you look at the cost of a meal to fill anyone you are looking at no less than than $10 at most places and depending on how much people eat more like $15 for an adult. With a 1.2 kg $30 lasagna it can easily feed 4 people maybe left overs. My brother and I eat a lot my Dad not too much and we destroy that size but as mentioned we compromise on it being fully vegetarian and get ours at $7 to $12 but under $15 although it may be $20 plus as well and we get it often on sale. But if you think that you go and eat out and spend 30 minimum and more like 40 plus depending where you go and if you eat out a lot these prices are quote reasonable although my Dad buys most of our groceries and goes fruggle. If I don't find myself overspend on stuff I can consider buying this product to replace the others but it will be in lieu of of sorts going out to eat or supplementary to it. I will happily pay the price as often I need food to cook and choices to please my brother more so than myself as I eat lots of rice lentils and beans. But I think it this way my brother and I go to triple o Burger King that is among the cheaper places a veggie combo meal costs about $25 to $30. We go to Pho closer to $45 or an Indian restaurant will be about the same price. So when I see things this way it is actually really well priced but not only that I will not compromise every time in eating frozen foods on cheese and other ingredients. I see lots of value in this product and offering. I don't have a lot to spend but if I buy something like this once or twice a month it is still something possibly more. There are lots of people who go for fast food. I think again depending on how much one eats for a single person even $12 to $13 for a veggie burger getting the large packages will still give a bit more food and will possibly work out cheaper or about the same but then you got to think no cross contamination you have the company guarantee of all that it is saying quality product. To me I see a lot of merit in this. I would love to see things like eggs cakes the cookies are great etc so I can possibly replace those to some extent. Philosophically I fully support this company and all those in this space and I just have to shift away some expenses where I have put too much into to the essentials like this and foods which I should but for me it is a bit of a balance as I said I personally eat my things but my brother likes variety. I eat lots of wheat and corn but if they can be replaced as well I would look into buying those to some extent if they are not too costly or supplementing things. I can understand the price differential but hopefully with larger consumption and sales prices may come down a bit more but for the offering it is fair given the environment. I make lots of spaghetti and pasta and the sauces are so inconsistent and often we don't think it is that tasty but we just eat. In any case sadly during recession tough times people will cut even foods and possibly look for other stuff but you will have those who still consume. The komo restaurant is smack tab in a trendy area so a lot of well to do people will likely consume good amounts people harder hit will likely cut back even so this company is getting excellent reviews and people on the board possibly you said you like the product so I think you don't need to worry about longer term short term will I will say what I do...I strategically trade more so now but I will illustrate it and people can simply see and consider or not. I couldn't help answer. I actually got some shares will likely keep increasing and doing things strategically. At .04 ask this is cheap in my eyes. I was looking at .09 didn't sell things say this explode and couldn't imagine it this cheap but the market wrecked everything however again it's all about vision.