BFI, I just took a good sized position in BFIIW, the warrants
for $1.30. Still have room to add up to 50% more to my position,
though I don't think I'll get the chance. Ridiculous valuation here
created by sell programs pushing around a small amount of shares. A
lifetime risk/reward opportunity to buy for me.
I don't know what it does today, tomorrow, etc. But looking some
time out, the return potential here is massive. They are running a
tight ship and executing, margins are starting to increase, good
cash position, and franchisees are opening new stores. I've done a
lot of work here. Read the new investment update deck from their
website:
BFI, I just took a
Posted by fundamentalvalues on 6th of Oct 2021 at 01:50 pm
BFI, I just took a good sized position in BFIIW, the warrants for $1.30. Still have room to add up to 50% more to my position, though I don't think I'll get the chance. Ridiculous valuation here created by sell programs pushing around a small amount of shares. A lifetime risk/reward opportunity to buy for me.
I don't know what it does today, tomorrow, etc. But looking some time out, the return potential here is massive. They are running a tight ship and executing, margins are starting to increase, good cash position, and franchisees are opening new stores. I've done a lot of work here. Read the new investment update deck from their website:
https://d1io3yog0oux5.cloudfront.net/_affa8b4773bd688e774154350dcb5818/burgerfi/db/1086/9721/pdf/BFI+-+September+Investor+Presentation+Final.pdf
Also, the investorswebsite here: https://ir.burgerfi.com/
Best in your investment decisions,
FV