CBRL Cracker Barrel

[Hershey]

Interesting.  High ROE, low PE.  Biglari involvement.  Too much debt for my taste.  Stable business.  Thoughts?  Thanks

[OracleofCarolina]

http://www.bloomberg.com/news/2011-09-11/rush-to-restaurant-real-estate-brings-53-increase-in-valuation-real-m-a.html?cmpid=yhoo

A little insight from Bloomberg on CBRL

[Munger]

Note the comments re RT are consistent with my earlier post on the company.

 

[OracleofCarolina]

http://mobile.reuters.com/article/idUSL3E7KN21E20110923?irpc=43

Poison pill adopted...wonder how Biglari gets around?

[ragnarisapirate]

http://mobile.reuters.com/article/idUSL3E7KN21E20110923?irpc=43

Poison pill adopted...wonder how Biglari gets around?

That's weak... I am not shocked, but, that is stupid.

[OracleofCarolina]

https://twitter.com/jonathanmaze/status/131491008302161920

[Junto]

It may be time to look at joining Sardar on this stock, through CBRL ownership not through SNS ownership oops I mean BH

Latest as posted in the General Discussion http://enhancecrackerbarrel.com/pdfs/shareholderletter2.pdf

Almost the same format as the letters used in the Steak N Shake campaign. Certainly worth watching. No position on my end yet.

[oddballstocks]

How did the SNS and Western Sizzlin stocks do after Sardar started to shake things up?

[OracleofCarolina]

Sardar continues buying CBRL, another 415,000 shares to bump up his ownership to around 11%

[Hershey]

Now what?  A 50% short-term gain, plus dividends.  Taxes matter . . . I think it is fairly valued at this price.  I hate the selling the decision!  Thoughts?  Thanks.