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Thoughts on Papa Johns stock price
Posted on 7/27/18 at 6:43 pm
Posted on 7/27/18 at 6:43 pm
If this thing keeps dropping is there a point where its a screaming deal or is the company going under cause Papa John made a racial slur?
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Posted on 7/27/18 at 6:49 pm to Buddy2012
I think everyone is waiting to see if he is going to be able to do some sort of takeover or not. He is fighting. I think he has around 30% of the stock.
Posted on 7/27/18 at 10:28 pm to Buddy2012
quote:
If this thing keeps dropping is there a point where its a screaming deal
It's down almost 50% from 11 months ago. The slide had already begun as the brand fell out of favor and PR problems mounted, but you might find some value if it sinks lower.
quote:
is the company going under cause Papa John made a racial slur?
I have no stake in Papa Johns, so I've mostly read bulleted synopses of the story. Is this actually the case? I thought he just pointed out that Harlan Sanders made the slur.
Regardless, he's been a PR problem for them since last year.
This post was edited on 7/27/18 at 10:31 pm
Posted on 7/27/18 at 10:53 pm to Evolved Simian
quote:
Is this actually the case? I thought he just pointed out that Harlan Sanders made the slur.
He did, but he proceeded to use the word in full while quoting him. Pretty dumb decision on his part, but it's not like he dropped it for shits and giggs.
Posted on 7/28/18 at 8:48 am to Evolved Simian
quote:
It's down almost 50% from 11 months ago. The slide had already begun as the brand fell out of favor and PR problems mounted, but you might find some value if it sinks lower.
Normally I have a policy when I'm buying stocks. Never try to catch falling knives.
Papa John's is starting to look really tempting, but I think it's still a risky buy right now. I think it's gonna bottom out around the mid 20s tbh, but even then, I don't think it's a homerun.
The problem with this company is that they don't have huge profit margins even when their gross sales are peaking. They spend more on production than their competitors, so they need to outsell them and right now, they're not doing that. They'll be back, but it could take a long time, and there's also the possibility John says frick it and sells his shares and moves on to another business.
I bought 200 shares of Domino's in 2011 at around $40, obviously I am happy with that decision. At that point, they were launching an aggressive new marketing campaign, they were way ahead of Pizza Hut and Papa John's in easy ordering technology.
There was a Domino's store around the corner from my apartment in Chesapeake, and it was going gangbusters. Every day I drove by and there were lines of people waiting to pick up their online orders, delivery drivers were rushing in and out all day. They had added oven baked sandwiches to their menu, and they were selling like hotcakes.
I saw the value irl, I didn't need to analyze the data, it was easy to see where they were going. Only wish I had looked at them in 2008 when they were at $3 a share. I'd be posting this from an island in Tahiti, while getting a blowjob from an OT 9.
If I were to buy Papa John's, I'd need to see more than a low stock price, I'd need to see something that makes me feel like I'd regret not being in on this.
Posted on 8/1/18 at 3:18 pm to DirtyDawg
quote:He also while trying to defend himself said something to the effect of "Back where I'm from in Jeffersonville Indiana they used to drag black people behind cars"
He did, but he proceeded to use the word in full while quoting him. Pretty dumb decision on his part, but it's not like he dropped it for shits and giggs.
Why he thought bringing that up was a good idea I have no idea. He's always been an idiot.
Posted on 8/1/18 at 3:35 pm to LouisvilleKat
How did he last this long? Seems impossible to hide this much stupid for so long.
Posted on 8/1/18 at 3:48 pm to DirtyDawg
quote:
How did he last this long? Seems impossible to hide this much stupid for so long.
Lawyers, but they can only cover for you so long.
Posted on 8/1/18 at 5:17 pm to DirtyDawg
quote:
He did, but he proceeded to use the word in full while quoting him.
*Gasp* So an accurate quote, what is this world coming to?
Posted on 8/1/18 at 5:20 pm to Vols&Shaft83
quote:
Never try to catch falling knives.
Truer words were never spoken when it comes to buying stocks.
As you said, even when they were doing good business they weren't making a lot of profit. Every restaurant chain is going to go through bad publicity at some point in time... witness Chipotle writhing in the coals for the last year or so after their "organic" food caused people to crap out their guts.
When you get that run of bad publicity and your profit margins aren't high to begin with then you can lose a lot of value in a very short period of time.
No one is really sure of the net income of Chik-Fil-A but considering the average store does something like 4.5 million a year (which I can easily believe since the CFAs here in Memphis are packed at all hours of the day) I'm guessing they can take the occasional hit because of their religious beliefs and still line some pockets nicely thank you.
Is Papa John's really that desirable as an investment? Honestly, I've had their pizza and Domino's... and I'd take Domino's.
Posted on 8/4/18 at 12:50 pm to LouisvilleKat
quote:
He also while trying to defend himself said something to the effect of "Back where I'm from in Jeffersonville Indiana they used to drag black people behind cars"
He actually said "Back where I'm from in Jeffersonville Indiana they used to drag n*****s behind cars" And he said that in a damn board meeting.
Posted on 8/4/18 at 1:19 pm to CCTider
Posted on 8/4/18 at 1:27 pm to hogNsinceReagan
One of my Georgia buddies said something similar about Arbys once, how he never saw anybody eating at his local Arbys and didn't know anybody who ate there and didn't know how they stayed on business.
Arbys seems pretty popular around North Alabama anyway. Is that not the case around the rest of the country, do y'all see Arbys as some black sheep of the fast food industry? Are their curly fries not beloved everywhere?
Arbys seems pretty popular around North Alabama anyway. Is that not the case around the rest of the country, do y'all see Arbys as some black sheep of the fast food industry? Are their curly fries not beloved everywhere?
Posted on 8/4/18 at 1:33 pm to BowlJackson
My local Arby's has been open for seriously as long as I can remember but does always seem empty.
I've never eaten there because of a friend I knew who worked there.
I've never eaten there because of a friend I knew who worked there.
Posted on 8/4/18 at 1:54 pm to Vols&Shaft83
If you bought 8,000 worth of Dominoes stock at 3/ a share you would have about $750,000 in stock.
Posted on 8/5/18 at 10:48 am to CCTider
quote:
He actually said "Back where I'm from in Jeffersonville Indiana they used to drag n*****s behind cars" And he said that in a damn board meeting.
Well, this is a lie.
I've read the stories now. The source (owner of an external vendor) told the media he said "people used to drag African-Americans from trucks until they died."
He further said "'Colonel Sanders called blacks n-----s,"
The meeting was between an external vendor (PR agency) and PJ executives to discuss public relations after he blamed NFL protests for declining sales. He states he was using those examples to the PR firm to defend himself against media accusations of racism. It was a poor strategy to use that word in any context. And it cost him his position as chairman of the PJ board.
This post was edited on 8/5/18 at 11:01 am
Posted on 8/5/18 at 7:11 pm to Buddy2012
I have been a long time customer of papa johns, they text me special deals every Friday. They were usually pretty good deals. Since John left, the deals have gotten even more ridiculous, no way they are making any profit at all on those deals, they are losing money trying to retain customers until this blows over. Expect to see deeper losses in the next two quarters and lower stock price. That would be the time to buy.
Posted on 8/5/18 at 8:50 pm to deeprig9
I do get text deals and I'm curious how that happened. Wife must have agreed to something on online ordering awhile back. They do have pretty tempting deals quite often.
Posted on 8/5/18 at 8:54 pm to momentoftruth87
quote:
I'm curious how that happened.
If you post your phone number I can look in to that for you.
Posted on 8/5/18 at 8:55 pm to KSGamecock
You already know it stalker 
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