I wrote my first article about the Brazil Fast Food Company (OTCPK:BOBS) in December after having them recommended to me by Red from The Red Corner Blog. I have held them since buying into them at that time and after having a great discussion on the current valuation in the comments section of the original BOBS article on my blog I decided to completely revalue BOBS to see if it is under or overvalued now that the company's share price has gone up from about $8 a share when I first bought to $14.50 per share now.
For the most part BOBS is operationally the same as the above article, except that it has continued to expand...
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