Sector - CONSUMER
Research by AmInvest
OVERWEIGHT(Maintained)

"Economic recovery to energize sector"

Maintain OVERWEIGHT recommendation on the sector. The demand and supply recovery remains intact as the economy gradually reopens. With economic activities picking up and Covid-19 daily cases remaining low, we noticed optimism in consumers’ future spending as reflected in the Consumer Sentiment Index. The ongoing efforts to promote booster shots may offset fears of the new Covid-19 variant threat. The sector is ripe for transformation and growth with the large number of small-to-mid cap companies with expansionary potential, coupled with pivoting opportunities underpinned by changing consumer preferences.

AmInvestment Bank
www. [%jmOB%]
T 03-2036 2293

Sector - CONSUMER
Research by AmInvest
OVERWEIGHT(Maintained)

"Economic recovery to energize sector"

Maintain OVERWEIGHT recommendation on the sector. The demand and supply recovery remains intact as the economy gradually reopens. With economic activities picking up and Covid-19 daily cases remaining low, we noticed optimism in consumers’ future spending as reflected in the Consumer Sentiment Index. The ongoing efforts to promote booster shots may offset fears of the new Covid-19 variant threat. The sector is ripe for transformation and growth with the large number of small-to-mid cap companies with expansionary potential, coupled with pivoting opportunities underpinned by changing consumer preferences.

AmInvestment Bank
www. amequities.com.my
T 03-2036 2293