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Old 02-07-2019, 08:50 AM   #21
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Originally Posted by steelyman View Post
I do recall that skipping high school lunch and jumping in anyone’s car with the company of some girls was reason enough to head for the golden arches.
As a girl who frequently jumped in anyone's car for food I especially enjoyed it when one of the guys paid. lol

And, no, I don't own McDonald's stock. I'd explain why, but it would cause the thread to be closed.
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Old 02-07-2019, 10:01 AM   #22
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Originally Posted by Sunset View Post
Upstairs they had a fancy coffee station/shop so we got a very nice coffee and pastry, as well, all part of McD, but with a slant localized for Vienna.
There are some very nice McDonalds scattered around the world..

Here is a photo of one of the nicest McDonalds I have ever seen. It's in Porto, Portugal. Note the pastry case. No fried apple pie here.
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Old 02-07-2019, 10:17 AM   #23
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I have a few shares, and it's done pretty well, but I don't know if I'd call it "recession proof". It took a pretty big hit from around November, 1999 when it peaked out around $45/share, dropping to around $13-14 in early 2003. At least, according to the chart on Yahoo Finance.


I forget now when I first bought it, but I remember it had been because of a pretty high dividend. Maybe around 2005-2006, I think? But at some point, the dividend was either cut, or the share price went up faster, so the yield didn't keep up. I want to say it was paying around 4-5% at one point.


It did weather the Great Recession relatively well, though. It peaked out around $65/sh in August of 2008, and the lowest it got to was around $52. It did that several times, including around the March 9, 2009 official bottom.


But, it's around $175 today, and has a yield of around 2.6%. So, it's done pretty good. The dividend has also been pretty consistent about going up every year, too.
I've owned it since about 2003. I bought it at about $21/share when it was on its way down to the $13/share you mentioned.

It has done really well for me. Adding fancy coffee and all-day breakfast to the menu has really boosted their sales. I'm not sure I'd recommend it at this valuation though. I think that if I could sell it tax-free here I probably would.
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Old 02-07-2019, 12:04 PM   #24
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If it's good enough for Warren Buffet (to eat at every day), It's good enough for me! I try to have breakfast there at least once every two weeks or so.
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Old 02-07-2019, 12:06 PM   #25
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No, I'm not hungry. What are you thoughts on McDonald's as an investment? Potentially a good global recession proof stock.

McDonald's is considered a recession resistant stock.
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Old 02-07-2019, 12:28 PM   #26
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Here is a photo of one of the nicest McDonalds I have ever seen. It's in Porto, Portugal. Note the pastry case. No fried apple pie here.
The McCafé concept has caught on in a big way in Europe. Unlike Starbucks they do not emphasise proprietary beverages ("frothy double-sludge sloppaccino quaranta" or whatever); people mostly order whatever the favourite local coffee is, plus perhaps a small premium pastry. McCafé also does good early-day business in countries where an Egg McMuffin and a hash brown would be considered 200 calories too much for breakfast.
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Old 02-09-2019, 07:35 AM   #27
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sloppaccino
I'm stealing this - not sure when I'll use it, but I'll find a way.
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Old 02-09-2019, 10:03 AM   #28
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As we rarely eat fast food at home (once a year or less often), we ate at McDonald's only a few times when in Europe, and it was for convenience. I still remember the hamburger was OK in Brussels, but the most recent one in Sète, France, was unbelievably bad. When people say something tastes like cardboard, they really don't know what they are complaining about and are exaggerating. What I ate was really like cardboard.

I am not a finicky eater, so this is I believe the first time I use the above description. The only redeeming point was that I could have a small Heineken instead of soft drink, and I did.
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Old 03-20-2019, 07:37 PM   #29
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I just sold 2/3 of my mcd stock today at open of market. My logic was
my entry was nearer to 50 held in a tax deferred account. Per yahoo financial eps of 7.54 so value of company for 20 years of earnings assuming no growth was ~150.

I am aware that staff reductions by ordering via apps and touch entry in lobby should increase some profits to owners for a while.

Final reason was I can get more than the forward dividend yield in fixed income.

They do have earnings announcement April 29th so I may hedge this sell by buying a three month call with some of the profit.
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