Gan Huan Wen, Analyst at Hong Leong Investment Bank

08-Jan-20 09:15

Gan Huan Wen, Analyst at Hong Leong Investment Bank tells us that this normally defensive sector faces a challenging time in 2020 with rising raw material cost as palm oil and coffee bean prices have jumped while consumer sentiment is weak with less disposable income all round. He also note that the valuations for this sector is not cheap and so only has 1 pick for the sector.