P.F. Chang's China Bistro (NASDAQ:PFCB)

zolibork (61.01) Submitted: 7/25/2007 12:50:54 PM : Start Price: $31.66 PFCB Score: +70.07

Pei Wei will drive growth

dappolonia (94.04) Submitted: 7/25/2007 9:56:23 AM : Start Price: $32.40 PFCB Score: +67.03

good food good atmosphere

HiddenGems07 (57.65) Submitted: 7/2/2007 4:56:11 PM : Start Price: $33.70 PFCB Score: +60.87

Love the new Pei Wei concept - addictive Fast Casual chinese.

LiLNipsFatal (99.47) Submitted: 6/27/2007 10:51:00 AM : Start Price: $34.05 PFCB Score: +57.25

The stock's earning power is being masked by large depreciation charges and other non-cash items, which appear to inflate the P/E. We're talking about the premier Chinese chain in America. I'll take my chances snatching this one up at around 7 times operating cash flow.

optionwinners (97.25) Submitted: 6/11/2007 12:00:38 AM : Start Price: $34.85 PFCB Score: +54.70

This is the best chinese food you can get. Either at the main PFChangs, or the new fast food style. I love both of them, I have been to about 12 PF Changs across the country, and they have lines at dinner time everytime. The stock is under pressure now, and I feel that this is a good entry point. I have to buy my favorites and the fact they are busy all the time makes it a buy.

JWPeters (99.14) Submitted: 5/7/2007 4:06:21 PM : Start Price: $38.45 PFCB Score: +40.71

PF Changs is the most well known Chinese food chain hands down. PF Changs has smart management and a solid niche.

TMFMeow (52.18) Submitted: 2/23/2007 5:23:24 PM : Start Price: $43.25 PFCB Score: +22.49

I love PF Changs - their service is amazing, and I have never been in one across the country that hasn't been filled to the gills.

The food is super yummy too - mmm Lettuce wraps

JUMPKIS (97.37) Submitted: 2/4/2007 10:59:13 AM : Start Price: $36.02 PFCB Score: +43.83

Classy and affordable all at once. No danger of Asian food becoming unpopular...and this is a great alternative to hole-in-the-wall takeout places.

P.S. Excellent dating location.

ISPYVALUE (89.21) Submitted: 1/23/2007 12:31:21 PM : Start Price: $37.30 PFCB Score: +39.37

My girlfriend loves it and says it's packed everytime she's there for lunch and dinner. How can I argue against that. There has to be something said for a recognizable name you can count on and Chineese Food. There's nothing out there like it that I know of except for maybe Bennie Hannah's and that seems like a major event everytime you go there.

virtualkccontra (20.25) Submitted: 1/22/2007 11:50:49 PM : Start Price: $36.92 PFCB Score: +40.41

buy

NetscribeRstrnts (88.97) Submitted: 1/16/2007 1:39:20 AM : Start Price: $38.32 PFCB Score: -35.91

P.F. Chang’s China Bistro, Inc. is America’s largest Asian theme restaurant. The company operates three concepts, which include 142 locations of P.F. Chang’s China Bistro, 97 units of Pei Wei Asian Diner and 1 test unit of Taneko Japanese Tavern. The restaurants offer intensely flavored, culinary creations, prepared from ingredients, including herbs and spices imported directly from China. The company’s Bistro concept contributes nearly 83%, while Pei Wei contributes around 17% of the revenue.

The company recently reported 14% growth in the net revenues for the third quarter of fiscal year 2006, however its same-store sales showed a declining trend. This decline was mainly due to higher costs, which outpaced revenue growth. The company has been suffering from increase in costs since the past several quarters. This can be seen from the fact that the company’s total costs and expenses shot up 16.8% pulling down net income by 21%. The same-store sales for the company have generally been in the range of negative 1.0% to positive 1.0% since the past 6 quarters. However, customer traffic has declined more tremendously in the last two quarters with decreases of around 4% in both the quarters. These declining trends are expected to continue in the future due the macroeconomic factors and the intentionally imposed cannibalization like the addition of a Pei Wei to markets containing a Bistro and opening up of several stores in very close proximity to each other in the markets of Dallas and Phoenix.

The other factors that the flagship Bistro brand suffers from are the lack of innovation and new offerings. The environment and the atmosphere at this concept have been same since the past several years. Adding to this is the reducing frequency and willingness of the consumers to visit an Asian theme restaurant as compared to other segments in the casual dining restaurants. Looking at all the factors that are pulling down the performance of the company, it is expected that the stock will not do very well in the future.

mnadel (89.31) Submitted: 9/27/2006 7:31:07 PM : Start Price: $33.75 PFCB Score: +46.97

Despite recent troubles, quality remains high, waits remain long, and there is no one else in this space.