Kok Kee Noodle $2.1mil

[CPTMiller]

https://www.straitstimes.com/life/food/jumbo-group-to-acquire-kok-kee-wanton-noodle-for-21m

 

[aerobwala]

Can foresee that chefs would leave in a few moons later and the quality of food dropped, the acquisition need to write off.

 

[knnccb]

new name Jumbo Cocky Noodles

 

[Porfirio Rubirosa]

Can foresee that chefs would leave in a few moons later and the quality of food dropped, the acquisition need to write off.

All depends...

Famous ipoh hor fun noodles and silky chicken Yee Cheong Yuen noodles shop started in 1970 by hawker Kang in Holland V was bought by the palm Beach seafood restaurant chain in the 90s', still around and actually thriving...

i grew up eating this delicious noodles in the late 70s and have been eating there ever since...standard and quality still the same even after all these decades and after buy out...

Actually the group doing so well that it set up the famous HK Tai Cheong Bakery cha chaan teng next door to the ipoh hor fun noodles shop in Holland V a couple of years ago...famous for its egg tarts...

 

[knnccb]

https://www.straitstimes.com/life/food/jumbo-group-to-acquire-kok-kee-wanton-noodle-for-21m

so many funeral wreaths means hongkan liao

 

[CPTMiller]

so many funeral wreaths means hongkan liao

Jumbo reports $8.2 mil loss for FY2020 due to Covid-19 restrictions
They must sell $10 per plate noodle to recovery

 

[congo9]

Jumbo is a listed company. Report loss the share price drop to rock bottom. Owner scoop up the cheapo stock at a low price. Come next year Announced profit and sell the stocks again to the retail investor with the help of some brokerage and some stock analyst or some internet guru. Look at how Olivia Lum con almost the sheepish singkie for 1billion sgd and no one is going after her.

It's happening again and again.

 

[bonds]

so many funeral wreaths means hongkan liao

K.N.N.

Vely sorry to say this.
Sure gots many many GCBs willing to queue and queue and queue to eat.

 

[CPTMiller]

Jumbo is a listed company. Report loss the share price drop to rock bottom. Owner scoop up the cheapo stock at a low price. Come next year Announced profit and sell the stocks again to the retail investor with the help of some brokerage and some stock analyst or some internet guru.
It's happening again and again.

Why dont you follow this style and buy all low and wait sell high get riches.

 

[congo9]

Why dont you follow this style and buy all low and wait sell high get riches.

If i am the owner i do that. I can control the share price. I can control the costing and sales. i can forecast profit or losses. it is all within the share owners control.