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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

Post by GoodMonkeyon May 02, 2022 11:55am
122 Views
Post# 34647772

A falling knife

A falling knife New target price: $0.10 

JK is not going anywhere but down. 

When insiders are not confident enough to invest in JK with their own money... Why would anybody else want to put their own money in there? 

This is an overvalued stock and everyone has been selling their unprofitable overvalued stocks since the beginning of 2022, this trend will accelerate within the next few weeks. 
10 cents could represent a fair market cap and a fair value for this stock . Possibly a good entry point. 

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