Keeping an eye out for quarterly reports from JK.v The next quarterly report from JustKitchen (TSXV: JK) will be a big potential catalyst to watch for in the near future. Shares have been consolidating at all-time lows of $.25 for the past month, as the company has continued its expansion in Asian markets.
JK’s last quarterly report showed impressive revenue growth of over 2x. Since then, the company has implemented a margin improvement strategy and launched several new food brands to service Taiwan, Malaysia, and other rapidly growing Asian markets.
Given these factors, I expect JK’s next quarterly results will show continued growth acceleration. This should serve as a strong catalyst for a price correction.
JK.v is currently trading at $.255, valued at $19.17 million.
https://ceo.ca/@newswire/justkitchen-reports-financial-results-for-fiscal-quarter