
In order to search for Margin of Safety, can we start from companies in crisis?
Now, one more example, Ajisen, was hit by soup event(Tombstone progress). But it's just not big issue, if you still go to MacDonald, KFC, Pizzahub, etc. That's the modern process in F&B industry, to maintain quality and productivity. Of coz, another issue is how to handle the crisis properly.
Look back the performance, Ajisen continue in growth, especially the potential in China market.
Will you take it as a startpoint to look for investment target?
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