Jollibee Foods (JBFCF.PK)

Jollibee Foods a Philippine company listed at Pink Sheets  market in the US as JBFCF.PK and publicly traded in the Philippine stock market. This company has been performing very well since its conception like McDonalds, and it toppled McDonalds in sales for many years now. It has been bullish too  as a stock since I bought this last year though it has stayed flat for couple of months now.

Maybe the reason why this company has been flat for couple of months is that it has been using its funds in establishing new markets in China and India, as well testig new market in the Philippine restaurant industry(the karenderia style). Years ago it bought it bought one of the restaurant chain in China as well in Singapore and India. According to reports Jollibee is expanding its operations here in the US especially their cakes and pastry segment which is the Red Ribbon(one of my favorite cakes.) and Jollibee too is planning to invest more in placing couple more Jollibee restaurants here in US.

So far so good. I think I will keep on buying this stock. For me to get a Jollibee franchise.