RICK - Large Uncertainties Surrounding RCI Hospitality Require A Larger Margin Of Safety
- RCI Hospitality has seen good five year results from a strong and growing economy.
- But the COVID-19 pandemic has hurt the company over the last two quarters.
- At a 20.91x PCF and some uncertainty in the Texas recovery, I am not a buyer until a larger margin of safety is available.
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Large Uncertainties Surrounding RCI Hospitality Require A Larger Margin Of Safety