Yesterday went back to MV office, quite a lots of people and more new shops opening inside the mall, feel very confident to top up, some more border opening very soon
aiyoh, you all want to guess whether this counter good or not, look at who's buying up the shares. even the director is buying up a lot of the shares, if she is confident as she is working at MV, and access to all foot fall data, financials, why be scared? Look, even EPF also grabbing lots. why you all not confident like them? you think this is Serbak meh?
like Chinese proverb, in times of trouble, there is danger and opportunity.
PETALING JAYA: Innature Bhd is expected to post stronger financial results for the fourth quarter of the financial year ended Dec 31, 2021 (Q4’21) onwards driven by the strong recovery in mall traffic in light of upcoming festivities.
Additionally, the majority of its store based across its three operating countries have resumed full operations.
In a report yesterday, CGS-CIMB Research opined that InNature was one of the few major cosmetics and personal care retailers that remained profitable during the 2020-2021 period amid the Covid-19 pandemic.
This is attributed to its early investments in beefing up its omni-channel distribution system that helped shore up sales despite the various lockdowns and store closures.
It also had better cost management as it could negotiate better rental rebates and shuttered seven non-performing stores.
Accordingly, InNature experienced a smaller decline in revenue than the personal care retail sub-sector, the research house said.
Competition is set to intensify in the retail real estate investment trust (REIT) market with the upsurge in the total supply of retail space in the Klang Valley and the risk of an economic slowdown on the horizon.
According to Knight Frank, the cumulative supply of retail space in the Klang Valley is expected to increase from 68.4 million sq ft in 2022 to 71.9 million sq ft in 2023, and 73.7 million in 2024.
Some of the notable new malls expected to open in 2023 are The Exchange TRX (1.3 million sq ft), and 118 Mall (850,000 sq ft).
For REITS, a lot of focus has been on energy and water efficiency, and air quality as they form the key components of a green building certification, but the panelists believe the whole value chain needs to be considered, RHB said.
This includes where building materials are sourced from to evaluate the environment and social impact, type of cleaning materials used every day, waste management and assessing any outsourced staff hiring such as security guards for any risk of forced labour.
REITS can sustain their historical dividend payouts especially those operating within the industries that are susceptible to the weakness in the economy due to Covid-19 such as the hoteliers and retailers.
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Calvin882
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Posted by Calvin882 > 2022-03-04 15:59 | Report Abuse
1.38 was a very good entry