There's Money in Selling Roast Chicken and Coffee: Just Ask this Company
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Show Notes
Berjaya Food Bhd CEO Dato' Francis Lee discusses:
- Update on number of outlets in Malaysia - number owned directly;
- Number that are franchise owned - how the franchise model is working for BFood;
- Outlet opening rollout plan;
- Update on branches overseas;
- Indonesia plan;
- Expectations of M&A - brands that would suit the Berjaya Food model - re-position from fast-food to mid-casual;
- Update of purchase of 50% stake in Starbucks;
- Financial impact of Starbucks entry;
- Whether Papa John’s pizza - Wendy's - Krispy Kreme - will also come under the BJ Food umbrella;
- Growth outlook;
- Plans for cash - 33 million ringgit on books;
- Dividend policy;
- Plans to be 1b market cap within five years.
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