This company has had a strong run up in stock price after Sam Goi bought a stake recently.Â
Its PE is relatively low cf to other food businesses. However, the business in the near future could prove to be v tough. I see Petra Foods disposing of its cocoa business already. It's exiting at a high time. Take a cue from Petra : Be careful of investing at the peak in JB FoodsÂ
Yes, I agree with you. The counter had move up too fast and too quick since Sam went into it.
Need a cooling period for it to come back to normal price.