GENK - A Korean BBQ restaurant chain expanding in the USA Message Board

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Microcap & Penny Stocks : GENK - A Korean BBQ restaurant chain expanding in the USA

GENK 3.050

-0.7%

2:58 PM EDT

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From: Elroy	2/24/2025 1:18:22 PM
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Well, these guys are an expanding chain of Korean BBQ restaurants. Valuation is slightly below 1x annual sales. They're in growth mode, and hope to grow the number of outlets from mid-40's today to 7-75 by the end of 2026. If they succeed, and sales and profit per restaurant just remains stable, seems like the stock price may hold it's 1x sales valuation, and therefore increase by more than 50%. Lets see what happens! They should announce Q4 results sometime in the first week or March. Their Q3 results were fairly disappointing with same store sales declining 9% year on year, and they indicated the expect to bounce back somewhat in Q4. The stock price has been doing nothing but declining for the past six months, so perhaps the coming results will turn the share price around (I don't think it would take much!).

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