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generally for those restaurants which involve in the Muslim market, it's share price would experience a dropping trend during fasting month but it would rebound subsequently after the period just like SDS
If can break IPO price of 44 cents (or drop below 50 cents) , then affect retail investors confidence level toward IPO.. Before that, many think easy to gain 10-20%from most IPO in 2024 n onwards...
What i concern is… if people buy his share because of his outlet… then i think can gv up unless the boss do something else further … not for the kopitiam but i mean like maybe got other project
Pro master said kopitiam is very common mean low barrier of entry.. More outlets to stand out from those got 3-10 outlets but still too rich valuation.