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Bullboard - Stock Discussion Forum IMVESCOR RESTAURANT GROUP INC. T.IRG

Consumer Cyclical Restaurants
"Imvescor Restaurant Group Inc is a franchise business that operates restaurants under the brand names of Pizza Delight, Toujours Mikes, Scores, Bâton Rouge and Ben and Florentine and licenses the right to manufacture and sell prepared food products."

TSX:IRG - Post Discussion

IMVESCOR RESTAURANT GROUP INC. > Selling pressure
View:
Post by HighteawithIntrepid on Nov 06, 2014 3:10pm

Selling pressure

Does anyone have any idea why we're selling off with additional 
profits and a dividend on the way?
we should be on the way to $2
Comment by Marc24 on Nov 14, 2014 9:17pm
While I am delighted with the announcement of the dividend, I would be even happier with good news on the sssg numbers.  I think the market is factoring in the negative growth numbers the company has been posting.  I would LOVE if they could correct that trend. Marc 
Comment by HighteawithIntrepid on Nov 16, 2014 6:01am
SSSG Yes: one would expect growth at least at the rate of inflation  However with the purchase of the manufacturing business  behind us and cost reductions in place and less debt we are  in a better position than we have been in a long time. Q4 ends next week.  Does anyone have a feel for how the quarter will turn out? We are slightly dependant on the weather and overall ...more  
IMVESCOR RESTAURANT GROUP INC.
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