HOTR - Chanticleer Holdings

[Parsad]

Redesign of the restaurants:

http://www.huffingtonpost.com/2013/01/18/hooters-redesign_n_2503130.html?utm_hp_ref=email_share#slide=1999851

Also, an update by head office...nice to see that they are improving efficiency and margins.  That burn rate every quarter is a killer, so they need to get profitable fast.

http://finance.yahoo.com/news/chanticleer-holdings-provides-corporate-134500949.html

Cheers!

[Hawks]

Sanj -have you maintained your position in HOTR?

[Parsad]

Sanj -have you maintained your position in HOTR?

Hi Hawks,

Yes, we have not sold a share.  If it goes down more, we will be buying.  Cheers!

[DynamicPerception]

Has it gone down enough yet?

[Parsad]

Has it gone down enough yet?

You tell me!     Cheers!

[Parsad]

Hooter's Is Chasing Women - As Customers:

http://www.cnbc.com/id/100536902

Cheers!

[Palantir]

I'm skeptical this is a good idea. Hooters has a niche, and a brand, and by moving away from that they become more generic. Why not go all in on the man cave while improving food?

[MYDemaray]

Hooter's Is Chasing Women - As Customers:

http://www.cnbc.com/id/100536902

Cheers!

You guys catch Saturday Night Live Weekend Update yesterday?  "Hooters trying to attract women with salad is like trying to get women into your sex dungeon by playing Adele in the background". Ouch.

[Parsad]

Hooter's Is Chasing Women - As Customers:

http://www.cnbc.com/id/100536902

Cheers!

You guys catch Saturday Night Live Weekend Update yesterday?  "Hooters trying to attract women with salad is like trying to get women into your sex dungeon by playing Adele in the background". Ouch.

Yeah, I thought that was funny. 

I agree, I don't think they need to do anything specific to attract women.  Women go to nightclubs, they go to strip clubs...I think women don't go to Hooters because the food was shit and the restaurants looked like the inside of run down shacks.  I don't go to Hooters because the food is so bad.  If they improve the restaurants and improve the food, they will attract more customers...men and women. 

There are restaurants in Vancouver where the hostesses wear far more revealing and tighter dresses than the outfits at Hooters...and they are packed with women customers, because the atmosphere is stylish and the food is terrific.  Cheers!

[LC]

...I think women don't go to Hooters because the food was shit and the restaurants looked like the inside of run down shacks.  I don't go to Hooters because the food is so bad.  If they improve the restaurants and improve the food, they will attract more customers...men and women. 

There are restaurants in Vancouver where the hostesses wear far more revealing and tighter dresses than the outfits at Hooters...and they are packed with women customers, because the atmosphere is stylish and the food is terrific.

Sanjeev,

I could not find a good reason to invest in HOTR. You have not talked about reasoning behind investment in HOTR, what is holding you back?

The way I feel is that a patron can get exactly what they get at hooters (scantily-dressed women and hot wings) at just about any bar these days but without the "skeevy" factor.