My prediction is that this stock hits 90cents to $1 by the end of the year. I believe that KTD has enough capacity already to manufacture their current Walmart order with just one factory.
1500 tons is a huge capacity... that's 1.5 million kg of milk powder and I doubt the 1million dollars ordered by Walmart accounts for even half of that capacity.
But once the 2nd factory is online the scale of orders will be off the roof. Can you imagine the quantities a company like Walmart needs? What could be next? Walmart-branded baby formula? it's fun just thinking about these things
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My prediction is that this stock hits 90cents to $1 by the end...
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