Sky-high valuations as consumer sector booms – but are they justified?

The buying frenzy in Oriental Kopi’s stock has placed it in the same league as the new superstar of retail stocks on Bursa Malaysia – 99 Speed Mart.

THE consumer sector is on a tear, but are the share prices of two newly listed players reaching unsustainable levels?

Oriental Kopi Bhd’s shares, which hit the market on Thursday, doubled up quickly.