SINGAPORE (June 11): Measures restricting the holding of concerts and large scale productions has not soured RHB Securities’ appetite for UnUsUaL.
“We think that these setbacks are just temporary, and the long-term demand for concerts will continue to rise after the coronavirus has been continued,” analysts Jarick Seet and Lee Cai Ling say in a June 11 note.
“This may represent an opportunity for investors to collect at more attractive price levels for longer-term holding, as most downsides have been priced in,” they elaborate.
