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The casual dining industry has shown some amazing strength. HABT is a new IPO. Any thoughts on this one?
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Financials look pretty good. You just have to double check. Yahoo shows a market cap of $11.8 million. IPOing 5 million shares at about $40 a share makes it $200 million and that affects some of the numbers. Revenue is $79 mil for the first 26 weeks from the S-1 and $5 million earnings for the same period. Corresponding numbers for FY 2013 are $120 mil and $6 mil. So they are growing and making money. And they sell MEATS and cheeses.Originally posted by Lucavia123 View Post
Update next morning. Bought at 37.80. We'll see. They are making money.Last edited by Louetta; 11-21-2014, 10:47 AM.
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