Sabado, Agosto 13, 2016

Maxs on Consistent Growth

Did you buy MAXS last August 5 when it breakout? You should be UP by more than 10% by now!  or you like BODEGA style using MA9? then your up more than 19%. Earnings Report is coming out left and right, Which stock will make a breakout? 

"As of end-June, the company opened 35 stores, including a Max’s restaurant in Kuwait, bringing its total store network to 600.

“The results are consistent with our growth story and the overall state of the economy,” MGI President and CEO Robert F. Trota was quoted as saying in the statement.

The company has so far signed 11 development agreements to bring its brands overseas. This would include 70 Yellow Cab Pizza stores in China, Saudi Arabia, United Arab Emirates (UAE), Singapore, Egypt and Jordan; 13 Pancake House outlets in Qatar and UAE, 10 Sizzlin’ Steak branches in Vietnam and 3 Max’s restaurants in San Diego, California.

“We have surpassed expectations due to the overwhelming response of foreign markets to our international expansion program,” said Max’s Group International CEO Peter H. King in the same statement."

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