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Undervalued F&B stock!!
Share prices of many F&B players have broken new highs and have an average PER of 22.5x.
On the other hand, Johotin’s share price is far below its previous high and is traded at a PER of only 10.9x.
At a conservative, below-average PER of 15.0x, JOHOTIN’s share is worth RM2.04. At an average peer PER of 22.5x, JOHOTIN’s share price is worth RM3.11.
If you have been following us and are holding JOHOTIN at costs below RM1.50/share, congratulations. You would have made around 10% profit within a few days, SAFELY.