TamJai: Another Haidilao + Nongfu Spring in HK stock sector- Why it is like Haidilao:
Business model advantages:
Cost: They don't need a massive change to their receipts.
Expansion: Simple value chain make its expansion becomes very easy.
- Unique favor from Hong Kong:
Most locals craves to eat TamJai products after they're leaving the city for a while. This create an opportunity for them to expand their business after covid period.
- Why it is like Nongfu spring:
Strong players in play:
Highly centralized by a Japanese firm and they are also keep holding 70%+ of their position tight.
A lot of opportunities for this brand to expand globlly. Meanwhile the PE ratio is not that high, comparing with their parent company toridoll (3397.T).
