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What investors are betting against (Hospitality – Ascott Residence Trust Management Limited & CDL Hospitality Trusts)
By A Pen Quotes  •  April 13, 2020

During the COVID-19 pandemic, one of the worst-hit sectors will be the hospitality sector.

Extract from the article below: “The hospitality industry here has been among the worst and most immediately hit by the virus situation, with a sharp dip in tourist arrivals.”

Singapore watching rapidly evolving global Covid-19 outbreak, is prepared to do more if needed: DPM Heng (read here)

To be investing or invested in this sector is really taking a bet against what is dire right now and forecasting better days. Oh yeah…No many people want to invest in this sector at this time for obvious reasons.

“The key to making money in stocks is not to get scared out of them.” Peter Lynch

It goes without saying that what COVID-19 has done to the economy and the stock market as a whole, is unprecedented. While screening through SGX companies’ announcements,

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By A Pen Quotes
Hi, I am a typical guy born in 1976. You can call me ‘T’. Family: I have a lovely wife and 2 kids (a boy and a girl). To me, they are the best things that happened in my life. Work: I’m working full-time in the construction industry. Interests: I like to swim, draw and read up on financial articles. I have started a Youtube channel on sketches. Do check it out here.
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