YUM brand, the company that owns KFC, Pizza Hut, Taco Bell..... is currently at its' 52 week high ($66 +). This company has been expanding its' business in PRC rapidly in the past two years. With the 2011 annual report coming up, I expect the company to continue to do well in the Asia geography (China). China has the world's biggest population. The younger generation in China have more exposure to the western culture in the past 10 years. They start to watch European soccer, play American basketball and eat Western food. Also, China does not have great food standards. You often will hear the news saying food manufacturers producing fake food. Even if you go to a high end restaurant, there is still a chance that the restaurant will give you something "nasty". Thus, this brings better business to these western franchise restaurants. Even though fast food may be unhealthy, they are still better than a lot of places around the city. As a result, I believe YUM will make another amazing profit from China area and will beat the estimate of investors. I encourage to purchase some shares even at this price.
Thanks
Mike
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