Hey guys, I'm going to keep it short so that every one here can read it and doesnt complain that I'm writing a book. Jerash holding is a clothing manufacturer in Jordan who makes most of his money from making jackets for VFC (Northface). The interesting part about this company is from their perfect financial situation : Their net asset position (Asset-Liabilities) is 55 million. While they have this perfect balance sheet they earn on average 6 milliom per year which is set to double in 2022 when they finish building their second manufacturing plant. So for every one again : They have 55 million of net asset (Half of it in cash because their business just makes ton of cash) and will make 12 million in profit in a year. The market cap of this company is 75 million. The net asset value in 2 years will be 75 million and the company will still be raking in 12 million per year this is your opportunity for a 100% gain.
Submitted April 21, 2021 at 04:43AM by Abeeshan https://ift.tt/3tJ0IEI
