https://www.spore-share.com/2024/05/food-empire-3-in-1-coffee-is-doing-very.html
Food Empire - 3 In 1 Coffee is doing very well! Their 1st quarter results update reported a surge in total revenue of 14.5 percent.
The company is ramping up to drive the next stage of growth! Zero debts!
Net cash position of about 23 cents per share, Solid!
Cash Flow is positive.
Pls dyodd.
Chart wise, a nice bouncing off from the support at 1.08 and closed well at 1.14 seems positive!
Likely to rise up to test 1.20 than 1.26 and 1.31.
EPS is 10.59 cents.
PE is about 10.7 x seems has further room for price to go higher!
Estimating PE of 13x , TP is about 1.38-1.40.
Not a call to buy or sell!
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
