KFRCanuk Posted December 21, 2009 Share Posted December 21, 2009 I wonder if the moniker will stick http://www.todaysfinancialnews.com/us-stocks-and-markets/steak-n-shake-the-berkshire-of-burgers-10563.html Link to comment Share on other sites More sharing options...
Parsad Posted December 21, 2009 Share Posted December 21, 2009 That could be one of the dumbest financial articles I've ever read in my life! This guy looks like he puts up stories for the shorts. - The first comment...$50M isn't much to do anything with...so apparently Buffett and Walmart started out with billions and Sardar doesn't have a chance to compete. - The second point...so if McDonalds is suffering, then SNS is necessarily suffering...but the last quarter's results prove the opposite...same store sales and traffic are up huge at SNS. Their market is also different than McDonald's global market. - The last point, that at this time next year SNS could be looking for a buyer...rubbish! Cheers! Link to comment Share on other sites More sharing options...
value-is-what-you-get Posted December 21, 2009 Share Posted December 21, 2009 $50 million won't buy too much growth? What does that mean? How much does growth cost per pound anyway? Do you buy that at the Growth-Mart? What a dumbass. Especially since WEB said he could grow a "small" amount a whole lot quicker than a large amount - guaranteed. Link to comment Share on other sites More sharing options...
omagh Posted December 21, 2009 Share Posted December 21, 2009 What a puff piece! The real story is how a moribund company regained its focus and started to throw off free cash under outstanding management. It will be a fun and profitable ride if there's a bear raid. -O That could be one of the dumbest financial articles I've ever read in my life! This guy looks like he puts up stories for the shorts. - The first comment...$50M isn't much to do anything with...so apparently Buffett and Walmart started out with billions and Sardar doesn't have a chance to compete. - The second point...so if McDonalds is suffering, then SNS is necessarily suffering...but the last quarter's results prove the opposite...same store sales and traffic are up huge at SNS. Their market is also different than McDonald's global market. - The last point, that at this time next year SNS could be looking for a buyer...rubbish! Cheers! Link to comment Share on other sites More sharing options...
Guest ValueCarl Posted December 21, 2009 Share Posted December 21, 2009 Oh my! Why are they bashing this young, gifted King from Persia? The stock will never go down that way! ;D Link to comment Share on other sites More sharing options...
Guest ValueCarl Posted December 21, 2009 Share Posted December 21, 2009 Didn't Jim Cramer already fail at that McDonald's comparison earlier? The author might want to read Mr. Biglari's well thought out letter and corresponding report to shareholders regarding his restaurant "trade" analogy. I believe he said, we traded checks for traffic, as in foot traffic for driving more sales, which were more profitable in the end. If they wanted to be less silly, they might as well assume Sardar will compound that $50M cash at twenty percent annually while giving it a ten multiple (< five year before tax doubles) to a $500M market cap for starters! In that way, everything else including all the operating businesses, real estate, and investment holdings are FREE! Three Hundred Sixty price per share is near. Link to comment Share on other sites More sharing options...
Guest ValueCarl Posted December 22, 2009 Share Posted December 22, 2009 Now that this young, Persian King, is about to embark upon managing the "float" of an insurance company by placing it underneath his umbrella, I am raising my target to FOUR HUNDRED price per share by tomorrow, or $20 before reverse split. Indeed, that's still where SNS was in the more meaty part of its growth phase, before its mismanagement problems began, and prior to Mr. Biglari's entrance with all the other "baggage" he brought along! ;D Why do FOOLS listen to James Cramer, who fronts for a criminal cabal? It's DAMN EXPENSIVE to do so! Link to comment Share on other sites More sharing options...
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