Due to Corona Virus I see in Q3 Hotel Sector to Post Loss in the Q3 Results !!

ARR is Down !!

Occupany % is Down !!

Banquet Sales are Down !!

Chauffer Service is Down !!

Restaurant Sales are Down !!

Overall Business Volume I'd Down !!

Not to Buy Hotels Shares at All !!

Over all Tourism Industry is hampered so the Banking and FinanceSector i. e. category A-D having Loan exposure in these Sectors might see rise in NPA.

A Class Bank Business is Down in LC segment as many Importer who are importing goods from China are not seen importing goods as the Chinese Supplier unable to supply goods due to Corona Virus.

This will hit the Business Volume of Many Banks

!!

CORONA is going to hit TOURISM & HOTEL business hard this year. Even aviation industry can suffer.
Some of the HOTELS & airlines whose targets are foreign tourist may COLLAPSE.
Some of the wise investors are making strategy to tackle the situation.

What is the possibility of CG telecom getting licence ?
NTC is already in dilapidated condition. What will be its fate if CGT enter the market ?

BIG BULLS ve started taking entry in market from the beginning of this week.
Lets see how long can they pull the B?ULL
PARADOX of Nepali SHARE MARKET : When WORLD market was in BULL, NEPSE hit the bottom. Now most of the world market are dwindling NEPSE is in BULL run.

It should be easy to monitor. Make NRN transact through one bank. If he/she wants to remit back use the same bank to remit outwards plus/minus his/her principal plus profits/losses. Tax at lower rate since NRNs are also subject to capital gain taxes in their countries of residency as well.

Provision for NRN to participiate in Nepali Capital Market is on the way.
Banks will get broker liscence shortly.