The delivery-only model has exploded over the pandemic, and demand continues to remain strong due to people’s willingness to save time rather than go out to eat. With a delivery-only model, kitchens can expedite the time it takes to order and receive food while having specially created dishes meant for delivery. This increases customer satisfaction and maximizes re-ordering potential due to the convenience factor. Not only are they built especially for delivery convenience, this kitchen also allows for a wide variety of different restraints/brands to operate under the same roof, creating an entire ecosystem of brands.
$JK.V is a company that’s rapidly expanding across Asia with its hub and spoke delivery-only kitchen model. More recently, they’ve just secured further brand licensing and rights to MrBeast Burger, among a number of other celebrity brands. With the continued success of their MrBeast Burger brand in Taiwan, I’m sure that the licensing deal will be extremely beneficial for $JK.V’s growth. Beyond this recent deal, $JK.V has been rapidly expanding into new markets. For example, they've recently expanded into Thailand with an agreement with GrabKitchen. Additionally, they also have a proprietary software that they're able to license to other ghost kitchens to help diversify $JK.V's business outside of just food delivery.
With $JK.V being one of the most undervalued on the market, the $7.5M market cap represents a significant upside. Furthermore, the RSI of just 31 displays the oversold nature of the stock.