Mar

29

ColonelI attended YUM's (KFC parent) investor presentation six months ago, they spent 55 minutes out of an hour talking about their China growth strategy. it seems that with the exception of Chipotle and Qdoba, that fast food growth story will be coming from outside of the US. KFC, since it serves chicken — the universal all-religions-unite meat — should do well overseas. I hope its stock will get knoced down with the rest of the market on the fears of the US recession, it may provide a great opportunity to pick a truly global fast food chain.

David Lamb adds:

Down here in Panama there is the Multiplaza, an upscale shopping mall with a large food court. On any given day when I walk into this food court I'll see two very large lines. One is for Lenos and the other is for KFC. The Panamanians absolutely love KFC.

Steve Leslie extends:

Geographically speaking, look at what is going on in Asia and the Americas. Colombia is actually reforming itself from a banana republic steeped in corruption and drug warlords towards democracy and capitalism. Vietnam is evolving from a primal war-torn country to progressivism. Even isolated communist North Korea seems to want to partake in the benefits of free market capitalism. I heard during a most recent trip to the U.S. many members of the Cuba national soccer team asked for asylum. Bi-lingualism is a very sought after commodity. English/Spanish and English/Chinese are in great demand. The best thing a parent or grandparent can do for children is direct them toward a second language esp. at a very young age. All studies indicate that the earlier a child learns a language the faster he will grasp it and the longer he will retain it.


Comments

Name

Email

Website

Speak your mind

1 Comment so far

  1. Kostas on April 6, 2008 10:10 am

    Here in Nanjing, China the KFC is the nice clean friendly choice, where the manager will deliver a cup of water you asked for to your table. And dont forget PizzaHut! The wait was typically 40min on a weekday, a bit less these days. I thought i was late to this story over about a year ago and passed, the stock is up 30% since then. ––– But then, if you arent managing a billion dollar portfolio why bother, you can find smallcap stocks with the same kind of eyepopping growth for a lot lesser multiples!

Archives

Resources & Links

Search