The impact of Coronavirus – definitely retail as first

Less Chinese tourist expected at least for 2 months. Travel stocks like Air Asia, Hotels, Casino like GENM and Genting, retails especially will be definitely hit by the first round of impact.

Minimum recovery is 2 months I expect even if the virus can be contained the spread before end of January. It will not be a good start of 2020 for retail stocks for sure.

We started investing in start-up companies

Since 2019, we started to expand our investment strategy into start-up to improve return. We have a good invested target Buildxact from Melbourne. https://www.buildxact.com.au/. We likes their focus and aggressiveness. At the same time solving some specific problems in their industry. It simply a perfect platform for small builders. Market targeted is in Australia, Canada, UK and US.

By around December 2020 last year, we also invested into another start-up called L28 that uses blockchain technology to sell beef into its first targeted market China. https://www.latitude28produce.com/. We believe the market is very potential as demand of agriculture like genuine beef is highly needed in China.

In 2020, beside of investing into new start-up. We will also explore the potential to start up new business in 2020 given opportunity arises. Expanding our reach into different portfolio.

After US and Iran show is down – Buy

From both attitudes towards non war. You can be pretty sure everyone wants a living. I think 2020 will be improving as a better year. I suggest to adding weight to investment further. At least I will do so.

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