Friday, 3 April 2020
Fundamental Analysis : As Outsiders How Far Into The Future Can We Analyze Company Business? (2)
Read? Fundamental Analysis : As Outsiders How Far Into The Future Can We Analyze Company Business?
F&B outlets in shopping mall started failing???
31 Mar 2020 was the last day of this F&B outlet in Orchard area and permanently closed to cut operating losses?
More weaker F&B outlets closing soon to cut operating losses?
Subscribe to:
Post Comments (Atom)
Uncle8888,
ReplyDeleteNot just F&B. To sound a bit callous --- at least majority of workers in restaurants & cafes etc are non-citizens.
More worrying are the large numbers of companies / industries that hire more Sinkies .... but are classified as non "critical" or non "strategic" in this semi-lockdown.
Triple whammy of demand destruction, supply disruption, and whether possible for the company to WFH or not.
Thousands of companies will be appealing to gahmen these few days to be classified as "critical". Good luck to them. E.g. construction of condos & shopping malls. LOL!
Gahmen will be rolling out even more welfare for companies over next 3-5 days, hopefully to prevent mass retrenchments ... or at least to "flatten the curve" of retrenchments & not have big bang like in US.
Halimah will be very busy listening to the council of presidential advisors. Hohoho!
Market will tank on Monday. Time to short!
ReplyDelete