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4 comment(s). Last comment by Datuk Seri Rick Walker 2020-03-31 11:27
Posted by ahbah > 2020-03-31 11:23 | Report Abuse
Also got mani business will face the prospect of explosive sales n revenue like the glove business !
Please choose the correct counters to invest your hard earn moni. Thanks. Ok.
Posted by Datuk Seri Rick Walker > 2020-03-31 11:24 | Report Abuse
If lockdown lifted by mid of April, please, don't expect things to go back to normal!
Firstly, business travel will not be allowed! Hence many medium size business will find it hard to operate as they usually get their stocks overseas especially from China! You will face restriction from both ends!
Becauseof that, small business also suffer! Tourism will be badly hit! Retailers that depend on tourists will also be hit! Property sector will be hit!
In short, many will face the prospect of downsizing or bust! This is only the begining!
Covid19 will not end so soon! US and EU and our neighbours will not be able to contain the spread! Instead, they may just let it be and hoping for some miracle along the way!
But in some ways, we are fortunate! Fortunate that our containment achieve some success! But i do worry government is not doing mass disinfection seriously!
So yeah, brace for challenges!
Posted by Datuk Seri Rick Walker > 2020-03-31 11:25 | Report Abuse
Ahbah! of course export oriented like glove and condom stocks will do extremely well! But the rest are dead!
Posted by Datuk Seri Rick Walker > 2020-03-31 11:27 | Report Abuse
Unless governemnt revive all the mega projects, then we should see construction sector on the robust side! But let's wait and see!
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CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Posted by Datuk Seri Rick Walker > 2020-03-31 11:19 | Report Abuse
Pandemic!