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Showing posts from November, 2013

Collin Foods ASX - Like fried chicken and want to invest in KFC ?

Who does not like chicken ? - Chicken has always been of the more popular foods due to it being white meat , high in protein and  no health  risks in  comparisons to some other meats. So it would make sense if you actually think that this would be a good investment based on this general  information.COLLINS FOODS LIMITED (CKF)But picking stocks is not as simple as that ,  and punters should always do their research  before investing . However what we are focussing on  today on is Collin foods which we have featured on our blog before as a stock with potential. Collin foods is in the fried chicken sector , more specifically KFC. Its currently trading @ $1.77Jim Collins is the founder of the Collins Foods Limited, a franchisee of Kentucky Fried Chicken in Southern California, accepted the franchise for KFC in Queensland in 1968 and the first restaurant opened on 16th July 1969 at Kedron in Brisbane.Collins foods has just announced that they are entering western Australia territory and e…

Westpac beats the profit banks

Australian banking giant Westpac on Monday posted a 14 percent jump in full-year net profit with all their core divisions performing well, making it a a bumper year for the country's major lenders in the banking sector. Westpac, the country's second largest bank, said all of its operations contributed higher revenue and earnings. They also said that there was stronger demand for home loans and solid growth in customer deposits. Chief executive Gail Kelly said 'I am very pleased with our 2013 result. It demonstrates strength, consistency, careful balancing of growth and return, and disciplined execution of our strategy,'. Earnings were Aus$6.82 billion (US$6.44 billion), compared with Aus$5.97 billion the previous year.These results follows a record annual profit reporting last week for ANZ Bank, up 11 percent to Au s$6.3 billion, and a 33.6 percent  jump to Aus$5.45 billion for National Australia Bank.