Coronavirus may delay PHL economic recovery

THE spread of the coronavirus disease 2019 (COVID-19) could delay the recovery of the country’s economic growth this year as it could impact drivers like remittances, consumption and tourism, according to ANZ Research.

Still, growth is expected to remain on track, with the government and the central bank expected to support the economy with fiscal and monetary stimulus. READ MORE

TECHNICAL CHARTS

DD is preparing for R.E.I.T (Real Estate Investment Trust) Current DD Valuation is cheap
ALI – have submitted their IPO for R.E.I.T we also believe these stock valuation is Cheap

Injap Sia’s Doubledragon Raising P66 Billion From REIT Offering

Doubledragon Properties Corp. is planning to list shares in a real estate investment trust (REIT) worth up to $1.3 billion or around P66 billion starting this year for the next five years. The listed property development giant co-founded and chaired by Edgar “Injap” Sia, first made known its plans to list its assets under an REIT last year, but this is the first time it has confirmed the move.  READ MORE

KEY TAKEAWAYS

  • The market is struggling with another virus outbreak – Spike in China’s COVID-19 cases doesn’t show big shift in epidemic: WHO – READ MORE
  • AMID all these bad news – opportunities in Stock Market is incredible – especially the service sector (Cebu Airlines & PAL); We also see many other opportunities.
  • Meantime we are looking out for Trends & Valuation before we jump into any stocks
  • ALI & DD – is a great investment for Long term and we suggest to buy & Keep for good dividends & Capital Appreciation

FINWAZE TEAM

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