Buy UnUsUaL despite its 'ugly' earnings, says RHB

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.

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