lockdowns

Shares in Venture Corp closed 6 cents lower or 0.3% down at $19.25 on Dec 22.

“1Q21 revenue and net profit exceeded our expectations by 10% due to better-than-expected sales."

The global economic slump is likely to extend till 2Q2021 as lockdowns continue.

Second waves of coronavirus outbreaks may not mean reimposing blanket restrictions on activity in Asia. The region’s economies, which have seen more than half a century of growth grind to a halt, won't be able to handle it.

With governments adopting measures to halt the Covid-induced economic downturn and prepare the way for a safe recovery, we need to start focusing on new ways to open up and create markets. So far, this task has been taken up almost entirely by

“The slow but steady recurring income build-up, strong balance sheet, and brand name, coupled with an experienced management team, should help CDL emerge stronger from the crisis,” says RHB analyst Vijay Natarajan.

Although F&N says its distribution logistics across the markets it operates in remain largely intact and unaffected by Covid-19 disruptions, the group is bracing for weaker consumer demand in its beverage and dairies operations in 2HFY2020.

SATS says it is now expecting its profits for the quarter to plunge by approximately 60% to 70% compared to last year. This will correspondingly result in a reduction of up to 25% for the group’s full-year results.

How should our policy approaches adjust so that we are better equipped to deal with such crises?

Historically, analysts have never been very good at revising down earnings estimates, especially during crises. Worse, the current health crisis has no precedence for guidance.