With massive expansion and acquisition already undertaken, and more on the horizon for ghost kitchen holding company JustKitchen $JK/$JK.V I’m remaining bullish on the company and watching the charts closely.
Since the beginning of December, $JK has had multiple huge acquisitions primarily focused on the ultra-high density region of Taiwan. After appointing 3 advisors to aid in acquisitions and expansions, $JK recently acquired a 46,000 sqft mega facility to serve as a preparation kitchen for over 40 different menus. Giving the facility an equivalent operational volume of more than 8 single ghost kitchens on average.
I’m expecting to hear more from $JK in the near future with regard to expansion into the Japanese market. Continuing on the company’s successful track record of serving high population density areas, I expect the company to see success here.
Shares of $JK are currently bouncing around all-time lows right now. However, I expect earnings reports and projections to provide a big catalyst for shares of $JK.
Currently, shares of $JK.V are trading at $1.13 and the company is valued at a market cap of $84.91 million.
https://ceo.ca/@newswire/justkitchen-signs-letter-agreement-to-purchase-46000