MissionIR News - Seeking Alpha Publishes Article Featuring Chanticleer Holdings
Atlanta, United States (IBwire.com - February 24, 2013) MissionIR would like to highlight Chanticleer Holdings, Inc. (NASDAQ: HOTR). Chanticleer Holdings, Inc. has ownership interests in the parent company of the Hooters brand, Hooters of America (HOA), four Hooters restaurants in South Africa, one restaurant in Hungary, one Hooters restaurant in Australia, and the exclusive franchise rights to develop and operate Hooters restaurants in three of the most populous states of Brazil: Rio De Janeiro, Minas Gerais, and Espirito Santo.
Seeking Alpha yesterday published the following article featuring Chanticleer Holdings: http://seekingalpha.com/article/1215831
The article titled “30 Trillion Reasons To Be Bullish About McDonald's, Yum Brands And Hooters” provides an overview of the rapid growth taking place in emerging economies around the world. Featured alongside multibillion dollar companies McDonald's (NYSE: MCD), Burger King Worldwide (NYSE: BKW), and Yum! Brands (NYSE: YUM), Chanticleer was noted as being a compelling opportunity to growth investors.
Jonathan Yates, author of the article, wrote, “For growth prospects, Chanticleer Holdings clearly has the most potential in terms of its ability to multiply shareholder value . . . Trading beneath its 52-week high of $8.00, Chanticleer Group certainly seems ready to rebound with its EPS and sales growth rate soaring and its relative strength index rating so bullish.”
In a recent report by McKinsey Global Institute, part of the McKinsey & Co. blue chip consulting firm, consumer spending in the emerging market nations was projected to increase to $30 trillion by the year 2025. Benefiting from this will be restaurant chains that operate around the world.
For more information on Chanticleer Holdings, visit http://HOTR.MissionIR.com
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This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.
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