Aussie investors were gorging on Guzman y Gomez ( $Guzman y ...

Aussie investors were gorging on Guzman y Gomez ( $Guzman y Gomez Ltd (GYG.AU)$ ) shares sending it soaring 36% on day one to close at $30 on the knocker. GYG is now a $3bn company making a couple of million, so the market is expecting some serious growth ahead…..I am letting it go through to the keepers – they have already had trouble rolling out stores in the US so it’s hard for me to pay a huge multiple with serious execution risk. Is GYG really going to be able to take on Chipotle?…..Maybe, maybe not….Gimme PALLADIUM any day of the week – at US $900 it is trading $200 below average cost of extraction!