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Just Kitchen Holdings Corp V.JK

Just Kitchen Holdings Corp. (JustKitchen) is a cloud kitchen meal preparation company with operations in Taiwan, Hong Kong, Singapore, Philippines, Malaysia, and Thailand. The Company specializes in the development and marketing of proprietary and franchised delivery only food brands for customers and businesses. JustKitchen combines this hub-and-spoke operating model with online and mobile application-based food ordering fulfilled by third-party delivery companies, to minimize capital investments and operating expenses and reach more customers in underserved markets. The Company’s other business, JustMarket, is an ecommerce grocery delivery platform that allows customers to purchase groceries for delivery or add select grocery items to meals ordered through JustKitchen. The Company has developed its own signature menu items under various brands, including Hot Ones, Just Chicken, Boba Mania, go Leane and Bodyfit. The Company's subsidiary is JustKitchen Co. Ltd.


TSXV:JK - Post by User

Comment by GoodMonkeyon Mar 07, 2022 6:46pm
77 Views
Post# 34492961

RE:$JK

RE:$JKIf you think this is undervalued at a market cap of 70M$ you haven't seen anything yet.  Low revenues do not support such a high market cap besides the company won't be profitable for many more years and will likely have to announce at least one private placement to raise more cash. 
I would not want to be the one holding the bag here at the current price as this will be going much lower. 
High inflation, raising interest rates and recession do not look very appealing for stocks right now. 
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