Just Kitchen Holdings Corp. Price & Performance (JKHCF)

Just Kitchen Holdings Corp. has been acquired by non-arm's length third parties, resulting in its delisting from the TSX Venture Exchange. The transaction was completed under a plan of arrangement, marking a significant transition for the company, which had been expanding its ghost kitchen operations across Asia.12

Shares of Just Kitchen Holdings have dropped by 45% in the last 12 months, underperforming the Toronto Stock Exchange 300 Composite Index by 46%. Despite a consensus 'buy' rating, the company’s stock is currently classified as a 'Sucker Stock' due to weak momentum and declining performance.34

Just Kitchen Holdings pursued aggressive growth, launching new food brands, entering the Indian market, and forming partnerships for virtual kitchens in Asia. The company’s hub-and-spoke model and collaborations aimed to capitalize on delivery-only demand and underutilized urban real estate before its acquisition and delisting.52