Friday, June 14, 2013

BJFOOD: Roster Chicken + Coffee + Jollibean

BJFOOD (5196)

Berjaya Food Berhad is a food chain in Malaysia, holds the master franchisee for brand Kenny Rogers Roasters, Starbuck and Jollibean.

BJFOOD is a growing company and listed in Bursa Malaysia in year 2011. Revenue and Profit After Tax (PAT) is grew 2.8 folded is past  six years.

The share price is up 350% from IPO @0.51. In the same year, the company raise fund by issue (4) Rights together with (4) Warrant for every (5) existing ordinary shares.

This year is fruitful year for BJFOOD after acquired 50% equity of Starbuck. Net profit jumps 71% year to year.

Share price is overvalued based on its revenue and PAT.

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