Restaurant brands offers $QSR has been benefitting from some of the same conditions that have benefitted McDonalds $MCD. The market has undervalued these companies for so long they forgot the money making potential in fast casual restaurant chains.
Although $LOCO looks stable now, the moving averages look like they will intersect soon, which is a buy/sell signal. I think that the signal is contingent on how $QSR proceeds in the acquisition. Moreover, recent developments suggest that the those who purchased $PLKI at $79/share prior to 21 February may have been taken advantage of. #Investigations are being conducted into the fairness of the aforementioned bid price.
I would say things look promising for #Popeye because $QSR can use its international reach to introduce Popeyes' Louisiana-style fried chicken and buttermilk biscuits to more diners globally as 1,600 of its 2,000 restaurants are currently in the United States. $PLKI
Would like to hear more about this potential acquisition. How does #Popeye's look as a company from a stock perspective and how will acquiring $PLKI help $QSR?
Why Pershing Square Still Likes Restaurant Brands International Inc. (QSR)
Restaurant brands offers $QSR has been benefitting from some of the same conditions that have benefitted McDonalds $MCD. The market has undervalued these companies for so long they forgot the money making potential in fast casual restaurant chains.
QSR Picks Popeyes And Leaves El Pollo Loco As the Last Chicken Standing
Although $LOCO looks stable now, the moving averages look like they will intersect soon, which is a buy/sell signal. I think that the signal is contingent on how $QSR proceeds in the acquisition. Moreover, recent developments suggest that the those who purchased $PLKI at $79/share prior to 21 February may have been taken advantage of. #Investigations are being conducted into the fairness of the aforementioned bid price.
Restaurant Brands International Inc. Reported To Be Acquiring Popeyes Louisiana Kitchen Inc
I would say things look promising for #Popeye because $QSR can use its international reach to introduce Popeyes' Louisiana-style fried chicken and buttermilk biscuits to more diners globally as 1,600 of its 2,000 restaurants are currently in the United States. $PLKI
Restaurant Brands International Inc. Reported To Be Acquiring Popeyes Louisiana Kitchen Inc
Would like to hear more about this potential acquisition. How does #Popeye's look as a company from a stock perspective and how will acquiring $PLKI help $QSR?