Chanticleer Holdings

[Valuebo]

Is the normal ticker CCLR (OTC) or CCLR.OB? Google finance tells me it is down 30%, standing at $2.75 atm.

 

Surely I am missing something and there is another stock quote with real liquidity?  :P ???

[rkbabang]

Is the normal ticker CCLR (OTC) or CCLR.OB? Google finance tells me it is down 30%, standing at $2.75 atm.

 

Surely I am missing something and there is another stock quote with real liquidity?  :P ???

 

Yeah, that's what Google tells me too (Yahoo as well).  I prefer to believe Fidelity in this case.

 

[OracleofCarolina]

MPIC Fund I, LP was worth over $1.1 billion!  I plan on running a proxy against Biglari Holdings with our new found capital.  ;D 

 

I actually sent Mike Pruitt a screen shot.  Something to aspire to...$25K a share!  Cheers!

 

You should have enough funds to do an enhanceitex.com too!

[rkbabang]

You should have enough funds to do an enhanceitex.com too!

 

If it goes up by the same percentage tomorrow you can do enhanceGoogle.com while your at it.

 

--Eric

 

[berkshiremystery]

I just read this thread and thought you all drank too much Kool-Aid,... Lol  ;D ;D ;D

[sswan11]

This article apparently written by Chanticleer employee, Joe Koster (write Brk.b, BAC, SHLD, HNR puts):

 

http://seekingalpha.com/article/316363-4-good-candidates-for-cash-secured-puts?source=yahoo

 

Neither I nor any investment product I co-manage have sold puts on the stocks mentioned in this article. The company where I work - Chanticleer Holdings, Inc. - has just launched a registered investment advisor, Chanticleer Investment Partners, LLC. This entity will start accepting outside capital next month and at least one of the strategies will consider selling puts when the situation is attractive. More details on this entity will follow within a couple of weeks. This is not a recommendation to buy or sell a security. Please do your own research before making an investment decision.

[Guest hellsten]

Chanticleer trading again and Mr. Market sends the stock down -11.81%:

http://www.bizjournals.com/charlotte/news/2013/01/16/chanticleer-shares-resume-trading-on.html

[motownsf]

What are realistic sales and EBITDA margins like for international Hooters restaurants compared to what the US concepts might be?

 

I imagine EBITDA margins are lower than BWLD right now as Hooters was a struggling concept and HIG typically buys semi-turnarounds out of their buyout funds.

 

BWLD has roughly 15% EBITDA margins. If Hooters has 10% EBITDA margins and does $2.3m per store roughly in the US, the average US store does $230k in EBITDA.

 

I doubt the concept does the volume it does in the US because, while the emerging markets growth story is hot and sounds great, the average person in Africa and Brazil has much less disposable income to spend on wings and beer. They will need to grow the store count a lot going forward and one must believe in the growth story.