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16 ‘Turnaround’ Stocks to benefit from Covid-19 Re-opening
By SmallCapAsia  •  March 25, 2022
Breaking: PM Lee has announced a major easing of the social distancing measures given that we are now at a Covid-19 “turning point”. These include larger group sizes from 5 to 10 people and higher capacity limits for larger events, here’s a quick snapshot below.
Sourced from StraitsTimes Now, let’s take a quick look at the sector and stocks which will benefit from the easing of these Safe Management Measures (SMM). 1. Larger group size (5 to 10) + Alcohol allowed after 10.30pm First off, the obvious one is the dining out and alcohol drinking at F&B outlets. F&B restaurant operators with bigger capacity would be the direct beneficiary here: Soup Restaurant (SGX: 5KI) Tung Lok Restaurant (SGX: 540) Jumbo Group (SGX: 42R) Haidilao (HKEX: 6862) – Pipping Hotpot anyone? What about the resumption of alcohol drinking where many uncles will go kopitiams to chit chat beyond 10.30pm?...
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By SmallCapAsia
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