The next Hybrid Giant ~ Johoretin
1 st of all, Happy Thaipusam to all my friends that are celebrating and Happy holiday to those that are not celebrating. It’s glad that all the counters we blog are still doing ok and hit our target price and don’t forget about D&O that we blog before too! It’s been quite a while that I didn’t blog due to the busyness of my job, today I am taking the opportunity of Thaipusam holiday to share with you 1 of the research that I’m doing. This company is Johotin. The company has been transforming where it have diversified itself from Tin industry to F&B . The reason we are looking into this company is because this company is earning USD and they are selling food that are essential to human such as milk powder. On the other hand, they have also got a grow factor which is their newly built factory that is about to operate. This will help to boost the capacity of the company and we will see a jump on their profit which will causes the Investment bank to rerate the company. As a res...