ALLIED BRANDS LTD (ABQ)- SHARES ALMOST TWICE THE DECLINE OF THE AUSTRALIAN MARKET!

Allied Brands (ABQ) received commentary over this past weekend on a well-known Australian sharemarket blog. The advice - SELL, SELL, SELL.

ABQ has declined almost TWICE the ASX average (despite other companies in the same fast food space showing small declines or actual INCREASES in share price). However a review of Allied Brands operations by this blog (visits and discussions with franchisees at Cookieman, Baskin Robbins, Awesome Water, and suppliers) shows severe weakness in the group is expanding.

Here's a chart showing how much "under water" investors in Allied Brands have become:

You've got to wonder how much longer Allied Brands middle management that hold "options" instead of real cash (with almost $2M/year cash going to upper management) will continue to work for these worthless options.