12-11-2012, 10:31 AM
The "exposure" is different. For Soup Restaurant and Breadtalk, they are exposed to customer from the entire day's operations. Select group is catering but should have a larger frequency as well.
Contrary to that, Harry's peak is in its night operations. On the weekdays, they target the working adults - those after-office hours and probably others who are taking a break during their night shift. That's why most of their outlets are in the CBD area. If you visit their outlets during the day, you can see they attract a relatively smaller crowd for its lunch hours.
That said, I still think the GO is good for those who had purchased at the recent prices. Wouldn't be much gain for those who had purchased at its IPO price of 22c
Contrary to that, Harry's peak is in its night operations. On the weekdays, they target the working adults - those after-office hours and probably others who are taking a break during their night shift. That's why most of their outlets are in the CBD area. If you visit their outlets during the day, you can see they attract a relatively smaller crowd for its lunch hours.
That said, I still think the GO is good for those who had purchased at the recent prices. Wouldn't be much gain for those who had purchased at its IPO price of 22c