Fast food operator CKF has drifted lower after positing a fresh all-time high in December, the stocks not particularly cheap or expensive but revenue feels sustainable and an almost 3% fully franked yield is not to be ignored. However what’s really caught our attention is fresh buying by a new director who came over from Guzman Gomez and previously McDonalds – we like to see insiders increasing “skin in the game”.
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Performance update for March, stocks that drove returns & our current positioning
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Wednesday 24th April – ASX200 +17pts, Silver Lake (SLR), Kogan (KGN) & CPI
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Market Matters Research Lead Shawn Hickman with David Koch
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Wednesday 24th April – DOW +263pts, SPI +27pts
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MM likes CKF into weakness
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Performance update for March, stocks that drove returns & our current positioning
Recorded Tuesday 9th April
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Wednesday 24th April – ASX200 +17pts, Silver Lake (SLR), Kogan (KGN) & CPI
Daily Podcast Direct from the Desk
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Market Matters Research Lead Shawn Hickman with David Koch
Recorded Monday 25th March
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Wednesday 24th April – DOW +263pts, SPI +27pts
Daily Podcast Direct from the Desk
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