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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 partystockeron Jul 10, 2022 8:58pm
227 Views
Post# 34814231

$JK.v continues to show solid growth despite falling SP

$JK.v continues to show solid growth despite falling SP

Despite very strong Q1 results, shares of the ghost kitchen holding company JustKitchen (TSXV: JK) continue to trade at a steep discount. 


The company saw revenue growth of over 100%, and also saw retail order volume grow by 151%. 


JustKitchen recently entered into the Indian market via a virtual kitchen services agreement with Kitchens Centre, which is located in New Delhi. The company also opened two new ghost kitchen locations in Malaysia last month to serve customers in and around Kuala Lampur. 


This company has continued to grow at a staggering rate month after month, which leaves me surprised shares haven’t seen a price correction. Hopefully some bullish price action will be in order soon. 


$JK.v is currently trading at $.29, valued at $21.8 million. 


https://ceo.ca/@newswire/justkitchen-opening-two-ghost-kitchen-locations-in

 
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