bullish
Taste Gourmet (8371 HK)
SUMMARY
- With that out of the way, let’s dive into Taste Gourmet, a catering group listed in the secondary market (or GEM board) of the Hong Kong Stock Exchange.
- Catering is usually a business with little moat, characterised by low barriers to entry.
- While some brands are widely recognizable, humans generally want to devour something different each day, therefore it is an everyday struggle for restaurants to stand out among competition.
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