After being listed at $2.48 a share on the 13th of June, the Tai Hing Group briefly touched $3.00 a share, before sliding gradually. It reached $2.24 a share today. Despite the price being close to what our DCF model price. We expect more selling pressure throughout the year, especially with a slowdown in Hong Kong and unrests building up. It will be good to wait for 2019 Q3 earnings to come in and analyse further, before making a decision.

To find out more about the company, download and read the pitch book and financial model below. For now, sit back and just enjoy their food.