Koninklijke Ahold N.V. (ADR) (NASDAQOTH:AHONY.PK)
The Company's principal business is the operation of retail food stores in the United States and Europe and foodservice wholesale activities in the United States through corporately owned business units, subsidiaries and joint ventures.
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Cutting expenses and room to grow
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Services that segment of the market that will grow due to economic factors. While Whole Foods and specialty retailers in the segment will feel the pressure on consumers to cut spending this group will grow as a result.
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Ahold, dutch supermarket chain with outlets worldwide, in the end of a restructuring process, turnaround is imminent.
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AHO appears to be getting their act together finally. They must settle an old lawsuit, but with the infusion of cash from selling US Foods they can shore up both their US and European stores. I wouldn't be surprised to see them try to make the company revenues more 50/50 US/Europe over the long term. Anyway, they do have a long term record of knowing how to sell quality foods. I used to work for AFS prior to the US Foods debacle. Still think it's a good Long Term Buy.
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A profitable stock with a modest amount of risks.
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Well run company slowly returning tp its roots after a disastrous few years in the US.
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I'm betting on AHO to gimme my money!
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