I started a thread for this stock this morning without using the symbol – hence I take the liberty to post it again, this time under the correct ticker and hope for some feedback..( I hope Bob will forgive me and wont delete the post)
My pick for a Long term play – highly undervalued, non-pumped company is QRVI.
Recent summary of Business Activities Quality Restaurant Ventures (OTC Pink Sheets: QRVI) today released a financial review showing that during 2004, QRVI had a 269%+ increase in system-wide sales compared to sales made in 2003. This report is the first announcement revealing the financial impact of investments QRVI made last year in two fast-growing, regional fast-food chains, Westshore Pizza and Famous Uncle Al's Hot Dogs (OTC Pink Sheets: FFDG). The report shows that in 2003, QRVI's system-wide sales were $4,677,502 compared with $12,599,913 for 2004. While the majority of the 2004 increase can be attributed to the company's new affiliations, Sobik's Sub Shops posted a sales increase of $207,803 which is 4%+ gain in system-wide sales for 2003.
According to recent phone calls with the president, a PR update is in the works and is very positive in nature!
Drawback: lack of liquidity in the market – so patience, P-A-T-I-E-N-C-E is required.
Posted by pandora on :
I've been in this stock for quite a while. It's been unnoticed for far too long. I believe this to be a solid company with a proven track record for growth. I will hold for long term.
Thanks Upekha for starting this thread.
Posted by will on :
Think I'll wait awhile. 52 week low is .0004 in May, just ran to .0053 in July. I'll wait for single digits.
Posted by upekha on :
Can someone help me getting a clearer picture on qrvi, plese. I put together as much information as could gather, but I still have major 'gaps' in my understanding...as I just stujmbled across this QRVI accidentally (fat finger syndrom)....
question 1: FFDG.PK - is 'affiliated' with QRVI whose parent company seems to be UFSM.PK. Apparently the people involved in UFSM.PK - started QRVI as a spin-off. What is the relationship between ffdb.pk and qrvi.pk?
Question 2: there seems to be quite a few franchise concepts out there, all generating revenues:
- Westshore Pizza - Famous Uncle Al's Hot Dogs - Sobiks Sobik's Sub Shops (around 30 franchise locations) - Sobiks Cafes http://biz.yahoo.com/prnews/050630/flth010.html?.v=16 - does someone know more details around the various chains?
Posted by upekha on :
the link mentioned above by 'will' above doesnt work - the following links acutally does:
Sorry, viewed their website through pink sheets. The direct link didn't help that food look any better though. LOL
Posted by pandora on :
Will,
Thats where i bought it. I hope you don't wait too long. I am not sure you are going to see single digits again on this one. I could be wrong though so best of luck to you.
Pandora
Posted by upekha on :
this is unbelievable! look at all the other pump and dump schemes...I think the company needs a PR guy...
Posted by pandora on :
I agree apekha. I think they are too inverted and forgot that all their growth needs to be known. This is one of the most tangible pinks I have found. A shame it is so overlooked. They definately need PR
Pandora
Posted by pandora on :
Sorry, meant introverted.
Posted by elcheepo on :
Short term patience is required for this stock. With the phone conversation that took place yesterday, and the ackowledgement of poor P/R by thier assigne I/R... There will be news coming soon... and all indications are they are thriving!
Cheepo
Posted by kanalgeruch on :
What is the deal with all these 'affliated' companies that they mention in their PR: FFDG - QRVI - UFSM - they all seem to involve the same people!
Posted by ghcnj on :
Hi all. They way I understood QRVI is they have a piece of all those companies. QRVI is in charge of setting up all of those store and may actually own some. I am really not sure. The next time I call Patterson I will get a clearer picture of things and report my findings. GLTA
Posted by pandora on :
Good Morning all! ghcnj...looking forward to whatever info you can glean. I hope this board will generate some interest in the otherwise overlooked gem.
Pandora
Posted by fugeguy on :
Is QRVI hard to trade.
The reason I ask is that I have has a bid in at 2 over yesterday's close since the open and it has not filled.
Just interested. TIA
Posted by pandora on :
fugeguy,
I never found it hard to trade buy though I have added in quite a while. Don't know why you are having trouble. Strange.
Posted by pandora on :
sale went through at 10:18:53. Perhaps that was yours?
Posted by fugeguy on :
Thanks Pandora.
My order did fill but it is the only order today.
One thing stange- Streetsmart shows one order for 250,020 shares. I only bought 250,000. What's the deal with the extra 20 shares?
Anyway, I hope you are correct. I generally try to accumulate between 5 and 10 million shares of stocks like QRVI and right now that seems like it mighte be tough.
Slainte'
Posted by pandora on :
I saw the extra 20 also but don't know where that came from. I am not brave enough yet to buy in the millions so I don't know if is possible with this one. Good luck to you.
Pandora
Posted by kanalgeruch on :
A few days ago, It took my order around 2 hours to go through, eventhough I put my bid in * the ask...well, it shows that there are not many shares available at these prices...everyone holding on and adding ?
Posted by upekha on :
just put in another small order 100k * .0012 - will c if one get filled today...and how long it takes...
Posted by fugeguy on :
This puppy is difficult to get. That is a good sign....!!
Posted by fugeguy on :
Does anyone know the a/s and o/s?
TIA
Posted by fugeguy on :
The reason I ask about the o/s is that if there is truely 900 million shares out there than our daily volume is incredibily low....
Posted by kanalgeruch on :
yes, it seems to become hard to get filled..under the ask....
Posted by upekha on :
quote:Originally posted by fugeguy: Does anyone know the a/s and o/s?
TIA
the share structure is in (my) the first post of this thread...
Posted by pandora on :
I am really glad to see some interest in this stock. I hope everyone that wants a piece is able to. This is a good longterm stock
Pandora
Posted by fugeguy on :
Thanks upekha but I find our current volume hard to believe with an o/s of 900 million.
Any thoughts?
Posted by upekha on :
well - it is true! this company has escaped the radar for a long time..and is still a great bargain, I believ.
Think about this: The annual gross profit per share is twice as high as the pps (this is my rough and possibly erroneous calculation).
If u want to read up the essentials in one html page, follow this link!
since I m accumulating, I will try to temper my enthusiasm......
Posted by The Nice Guy on :
This is a good company, in my opinion.
I beleive that they are affiliated with FCCR. I seen some of their projects - impressive !1
Good luck to all of you.
Posted by upekha on :
quote:Originally posted by fugeguy: Thanks upekha but I find our current volume hard to believe with an o/s of 900 million.
Any thoughts?
well, the volume IS increasing:
20 Day Avg Vol 524,837 - Todays Vol 1'820'00 ! seems like QRVI is being noticed!
The RSI is also beginning to move..
Posted by elcheepo on :
There is a chart formation which is very worthy of taking note over. It is bullish and could prove to be the turning point for this stocks PPS.... Time to seriously think about placing your orders..... Cheepo
Posted by timer on :
I too see a chart pattern changing, may be time to take a second look. Coupled with extrordinary earnings and more PR's this one could be a runner. Franchise stocks seem to be coming slowly back into vogue. Does anyone know the actual float on this one? Seems like alot of shares outstanding but noticed it takes very little buying to move the price north. Will keep watching and look for an entry point.
Posted by upekha on :
Timer, the share structure, i.e., o/s etc. is part of my first post on the thread!
The chart is indeed beginning to look good -...the narrowing bollinger bands and the candles repeatedly reaching the upper band, the fast & slow stochastic also look VERY good - add to this the fourfold (20day avg) volume increase in the last trading day.....
you would think that given the number of shares floating around that one could get some under the ask - well it just didnt happen..... both on thursday and friday and it was tough/impossible throught most of the day to get anything under the ask.... good luck tomorrow!
Posted by will on :
Is 18% a good profit margin for the restaurant industry? I thought most restaurants have a much higher gross profit margin. I was never in the restaurant business, so I don't know if that is good GPM. Maybe someone here knows?
Posted by pandora on :
Will, I think that that is about average for the restaurant industry. A little more research is needed. Anyone know any good sites where we could find some statistical information about the industry?
Posted by upekha on :
Here is some info regarding profit margins - from a Australian report of take-out and cafes...in the report listed, they come up with number between 4.8 - 7%...
I am sure this is not entirely comparable to the US - but at least we have some idea...so QRVI - 18% look very good!!
Cafes and restaurants recorded an operating profit before tax of $334 million, which represented an operating profit margin of 4.8%. The operating profit margin varied by type of cafe and restaurant with the highest operating profit margin being recorded by BYO cafes and restaurants (6.6%), followed by licensed and BYO cafes and restaurants (5.7%) and unlicensed cafes and restaurants (5.6%). The operating profit margin for catering businesses and licensed cafes and restaurants was 4.6% and 3.9% respectively. For 1998-99, the operating profit before tax (excluding caterers) represented an annual return per available seat of $251.
Posted by pandora on :
Thanks Upekha...I did a little searching yesterday and didn't come up with much myself. I believe you are correct that 18% looks very good.
Also, with all the talk of not being able to buy, I am glad to see that someone has been able to.
Posted by fugeguy on :
Shares are still hard to get. If you put in an order at 17 for a million shares- you get about a quarter of them and then the price is increased.
I think I like the gut feel of this stock.
Slainte'
Posted by USF11 on :
This one looks primed to run B/A tight .0018x.002
Posted by USF11 on :
I bought $50's worth more & knocked out 2 MM's at .002 do u need a better sign then that?
Posted by USF11 on :
Right at the close QRVI had an uptick to .0019x.0021 this is huge because we can ride the 50 Day MA as support all the way to the moon! This is a no brainer double right now.
Posted by justastock on :
I agree, that this one is ready to run, I bought twice today, it toke forever to get my shares, about 15min, IMHO, I think the O/S is really low, chart is a great cup and handle trend. passed the 50ma very bullish.
Please do your own dd, take your own risk.
Justa.
Posted by USF11 on :
This is starting to run like crazy up 20% and has 10x avg volume already!
Posted by clintonj on :
i like the price mov't, but no prs sine aug 3rd geesh how can i play this one unless i become an investor. waiting on news from this seat. glta
Posted by USF11 on :
you can get in now or pay twice as much when news comes which is supposedly next week Posted by USF11 on :
Back to HOD .0025
Posted by justastock on :
WoW, look at this chart, I think we have a whiner. LOL..
Barcharts isnt exactly the best way to trade pinks imo. The chart is spectacular breaking .0028 combined with breaking 70 rsi some bring up alot of alerts for traders.
Posted by pandora on :
PR would really make this stock jump. It is just waiting to be discovered.
Posted by upekha on :
So far so good...happy to see that my pick worked out so far! I think we are in for a breather....we closed pretty much at LOD, so tomorrow we might dip ..which might be a good time to pick up more?? Pandora, what's your take ..you're an oldster and you've been holding QRVI for decades ;-)
Posted by USF11 on :
Our support is .002 and .0018 dont see a drop below .0018 anytime soon. Downside is minimal upside is huge. I can't wait to see a PR hit this thing.
Posted by upekha on :
agree, I dont see it going below .0018 either.
But it wouldnt surprise me it we see some (substantial) profit taking at this point before moving higher....
I have written the CEO a while ago, no response it seems that they are too busy running the company...
Posted by upekha on :
USF - we were right on target..to a 1/100 of penny ;-)
Posted by USF11 on :
This is a great buying level at the .0018x.0019. My guess was people got impatient today combined with the huge WDAM run. Almost all the QRVI sells happened in the first 30 minutes of trading. People hopping out of QRVI to play WDAM. We should expect those people to jump back in.
Posted by upekha on :
haven't thought about the WDAM factor..good point. still, we closed again at the LOD.... hope that you are right about tomorrow..
Posted by pandora on :
I have been holding for a long term. This is definately not a flipper. However, I think this is a solid company. You can actually visit one of their restaurants and eat! They have increasing revenues and steady expansion with each report.
I think some people thought to jump in a make a quick buck. Not here. Long and steady will win this race.
That being said...A nice PR is overdue LOL
Also... I sent an email yesterday requesting some info about becoming fully reporting (can't imagine why they wouldn't), share structure (some are having difficulties getting filled) and when a nice PR might happen.
whew...I don't usually talk that much...sorry
Posted by upekha on :
I always look forward to your posts! No need to apologize.
I am absolutely in agreement with you in terms of a long-term outlook on this one. Even if establish a new baseline * .0015-.0016 I am are still doing ok. I dont want to sound too pessimistic but the 3 days of closing pretty much at the LOD speaks for itself...
Posted by pandora on :
I am thinking today will see QRVI move up again.
Posted by pandora on :
Little down last couple of days...Time for some to get in
Posted by kanalgeruch on :
pretty much back to where we were before the run...
Posted by upekha on :
I think we have reached the bottom...I think is time to accumulate once more...
Posted by fugeguy on :
Still accumulating. It still takes time to do unless you are willing to pay a premium.
May your glass always be full.
Posted by pandora on :
Buy here. When word really gets out about this one...it may be hard to catch
Posted by fugeguy on :
Has anyone ever eaten at one of the establishments?
Posted by fugeguy on :
Does anyone have a link to a list of the locations?
TIA
Posted by blake on :
quote:Originally posted by fugeguy: It seems most of the franchises are in the South.
Does anyone have a link to a list of the locations?
TIA
mostly in florida, check out their website..also, the PR today
Posted by USF11 on :
Action is picking up again with this one. We may have formed a triple bottom which would send us soarin again.
I have been diggin doin DD and I have read reports that the company claims the OS/AS is only 600 Mil rather then the reported 900 Mil on Pinksheets DOT com. Anyone know about this.
Posted by upekha on :
I agree...i think we are lined up for another run shortly...very little downrisk..solid support around .0013 - IMHO - a no brainer...
Posted by USF11 on :
They have a .03+ target on this stock from .0015 levels its currently at in the next 6 months. Can't disagree but then again they did get 9k for the advertisement.
Posted by USF11 on :
Quality Restaurant Ventures Featured at ****************.Com Oct 21, 2005 10:18:00 AM HEATHROW, Fla., Oct. 21 /PRNewswire-FirstCall/ -- Quality Restaurant Ventures Inc. (OTC Pink Sheets: QRVI) announced today that a Mini-Profile describing QRVI has been featured at http://www.****************.com in its Special Situation section.
The editors state: "We like the direction QRVI is taking, the market growth, and the reasonably rapid increase in new franchised locations." They also stated: "We like the fact that QRVI system-wide sales for Q1 2005 increased over 22% compared to Q1 2004."
About ****************.com:
Formed five years ago as a venue for the Conservative Speculator newsletter published since 1987, http://www.****************.com , including Conservative Speculator and Larry Oakley's "Stock Pick," "Opinion," "Comment," and "Bold Ventures" editorial columns, is now regularly read by investors in 85 countries.
About Quality Restaurant Ventures:
Quality Restaurant Ventures Inc. identifies and invests in regional fast- food concepts with high growth potential, enhancing their operations while preparing them to become national franchise opportunities. Restaurant businesses interested in affiliating with QRVI should register at http://www.qualityrestaurantventures.com .
This press release may contain forward-looking information within the meaning of Section 27A of the Securities Act of 1933 or Section 21E of the Securities and Exchange Act of 1934 and is subject to the safe harbor created by these sections. Quality Restaurant Ventures Inc. assumes no obligation to update the information contained in this press release. Certain information included herein may contain statements that are forward-looking, such as statements relating to plans for future expansion and other business development activities as well as operating costs, capital spending, financial sources and the effects of competition. Such forward-looking information is subject to changes and variations, which are not reasonably predictable and which could significantly affect future results. Accordingly, such results may differ from those expressed in any forward-looking statements made by or on behalf of the Companies.
Contact: Quality Restaurant Ventures Inc., Dan Patterson, 407-333-8587,
SOURCE Quality Restaurant Ventures Inc.
Posted by pandora on :
Great PR Piece!
Posted by blake on :
from RB: The Outstanding as of October 21, 2005 - 1.3B
QRVI: 1,318,221,730
______________________________________________
my calucaltion(x .0016) = Capitalization: 2'109'000 Sales per Shares (as of last year) .009 !!!! Profit margin: apporx 20% (sales total in 2004 - 12 Million) Profit per share: .0018 !!!! ______________________________________________
Please correct if I screwed up with the calculation...but if this is correct, than the stock is extremely highly undervalued..
Posted by blake on :
nice volume & pps developments today - 7M shares traded....I think we are seeing the beginning of yet another run..
Posted by justastock on :
Yes, the run is comming. IMHO.
Posted by blake on :
************* just posted a 'buy' signal - might get us some additional volume today. Might become a interesting day today...
Posted by blake on :
quote:Originally posted by will: Is 18% a good profit margin for the restaurant industry? I thought most restaurants have a much higher gross profit margin. I was never in the restaurant business, so I don't know if that is good GPM. Maybe someone here knows?
Anyone else still following QRVI ? seems like it is making another run...this stock is so predictable, I love it! Great horizontal movements, oscillating between .0014 and .0024 or so... always enough to make a nifty profit...
Posted by blake on :
finally, a decent PR! This should get the stock moving again..... ______________________
QRVI Initiates Rebranding Program for Sobik's Sub Shops Nov 16, 2005 9:40:00 AM HEATHROW, Fla., Nov. 16 /PRNewswire-FirstCall/ -- Quality Restaurant Ventures Inc. (OTC Pink Sheets: QRVI) announced today that it has initiated the first phase of a company-wide rebranding program for its fast-food affiliate, Sobik's Sub Shops. Based in Orlando, Florida, Sobik's Sub Shops, http://www.sobiks.com , currently has 40 locations with several new franchise contracts currently being negotiated.
"Every restaurant chain has to evolve and improve to keep up with the changing tastes and values of the public," explained Jodi Whitnum, QRVI Division President of Sobik's Sub Shops. "We've spent a considerable amount on new designs and interior merchandising to bring a fresh new look that broadens the image and appeal of our restaurants." The new enhancements also include items such as a baking oven, which will bring fresh baked bread into the spotlight, help create operating efficiencies and yield higher customer satisfaction with Sobik's sub products.
In addition to the remodeling program, the company's 2006 marketing program includes:
1) Reevaluating and upgrading menu item ingredients to deliver a higher-quality menu.
2) Development of a new marketing and advertising theme for 2006 to drive increased unit sales.
3) Expanded marketing program to secure new franchises and master area developers.
Since opening its first location in 1969, Sobik's Sub Shops has built a strong regional reputation in Central Florida. The first location to undergo the remodeling program is at 1051 W. Fairbanks in Winter Park, Fl. Five additional locations are now being scheduled for the remodeling program.
About Quality Restaurant Ventures Inc.
Quality Restaurant Ventures Inc. identifies and invests in regional fast- food concepts with high growth potential, enhancing their operations while preparing them to become national franchise opportunities. QRVI currently has investments in over 60 franchised restaurants.
This press release may contain forward-looking information within the meaning of Section 27A of the Securities Act of 1933 or Section 21E of the Securities and Exchange Act of 1934 and is subject to the safe harbor created by these sections. Quality Restaurant Ventures Inc. assumes no obligation to update the information contained in this press release. Certain information included herein may contain statements that are forward-looking, such as statements relating to plans for future expansion and other business development activities as well as operating costs, capital spending, financial sources and the effects of competition. Such forward-looking information is subject to changes and variations which are not reasonably predictable and which could significantly affect future results. Accordingly, such results may differ from those expressed in any forward-looking statements made by or on behalf of the Companies.
CONTACT: Dan Patterson of Quality Restaurant Ventures Inc., 407-333-8587,
SOURCE Quality Restaurant Ventures Inc.
Posted by elcheepo on :
INCREDIBLE BUY OPP!!! BARGAIN....but not for long
This one is on the verge to blow.... the shares are so tight, no-one is letting them go without a fight...... just a buy of 50,000 shares can take this up a couple points.... man, when the MM's get thier hands on this, it is going to explode!!
Buy-em up, solid company, excellent growth and profitability... wouldn't be surprised if the company announced a merger/JV with another franchise.....
Cheepo
Posted by elcheepo on :
Just a bit more volume, then this baby will be noticed, and then it will bust a move... GLTYA, and make sure you are in, or you will really be out! Cheepo
Posted by blake on :
seems like QRIV one is coming alive again....and could easily move up 50% (now *.0006). Volume has been steadely and significantly been building for the last three days ..(the last time it approached this kind of volume was 4 monhts ago)and stock has been down for a while now, due to lack of PR (I believe)...
Posted by will on :
I played it not long ago from .0005 / .0006 to .0013. Have a GTC in at .0005 now. It's a pink, but a good little pink that has treated me right a few times, if you don't mind waiting. AVNT is anohter worth waiting on.
Posted by blake on :
quote:Originally posted by will: I played it not long ago from .0005 / .0006 to .0013. Have a GTC in at .0005 now. It's a pink, but a good little pink that has treated me right a few times, if you don't mind waiting. AVNT is anohter worth waiting on.
I have been playing it between .0012 and .002 - I think we might see the .001 level again in 1-2 weeks. PR is long overdue: if the company shows signs of life by ways of a PR - that we will definitely go back to .0015. the fat finger syndrome cuased me push the buy button..so I loaded up cheaply a while ago...instead of selling * discount rates...in any case, QRVI should be interesting next week!
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