YFZ 0.00% 92.5¢ youfoodz holdings limited

IPO - Youfoodz Holdings Limited - 8 December 2020 #, page-131

  1. 464 Posts.
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    I just dont see how it can be valued this low unless there's something I'm not aware of happening in the market. I get that theres a cylcical shift out of spec stocks right now but this is a proper business so shoudl be the thing people are cycling in to not out of.

    I would have thought that more people flying Virgin and more people going back to the office would increase sales, not decrease them. It might be one of those odd anomolies where the downward momentum makes it the bargain of the week. They hit their prospectus forecast after all and apparently are increassing capacity.

    Maybe margins were over-inflated from the Salmom they nicked from Huon and now they're back to paying full price for inputs so the EBITDA is taking a hit? <- note that this is a joke. Not many people on HC have a sense of humour so feel I should point it out. There is a common link between the two companies....other than the Salmon.......anyone need me to draw a picture then DM me.

 
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