Extract From Banyan Recent Business Update.

The Group' s Property Business Gears Up for Strong Outlook

" Overall property business continues to see strong demand -  total sales value in 2022 will exceed pre-COVID performance and is  on track for a record year,  with Phuket being internationally recognised as a high-end residential destination  given  10-year residential visas  are now available in Thailand.

The Group sees a shift in demand from residential buyers, from hotel-managed residences  to private residences that are being  used as primary or secondary homes.

Demand for luxury property is surging  - affordable price segments were most in demand in past years, however, demand for luxury price segment products is returning with the  anticipated launch of new  Banyan Tree Phuket Private Residences in 4Q22."
 

Many Chinese Billionaire are turning their focus from investing in Chinese Real Estate, to seeking Overseas Properties in Asia for their " Second Home" , or for investment purposes. It' s not uncommon to see they purchased Several Floors, or Tens of Units of Luxury Properties at one go. This segment is where Banyan make the bulk of their profit.

Other than the Luxury ends, Banyan also cater to the Mass Public with Multiple Brands, Price Range & Services to suits the needs of Wide Spectrum of Clients. No Customer Is Left Unattended!

Covid initial and subsequent waves of re-infection are unavoidable for ALL countries, when they first open up their borders. Only time is on our side, when eventually the numbers of covid infections will reduce, when the mass public gradually " adapt and accustom" to the new norm.

For the hundreds over millions of Chinese TOP Ten Percenters who are still filthy rich to travel the world, nothing will stop them once China open up for International Tourism on 8 January 23.

FYI, the search for " Oversea Travel" had surge 850% on the day China made the opening annoucement and many countries already reinstate their flights to China.  We can once again see the Chinese flooding the tourist spots within a month or so.

No doubt there could be a recession in 2023, we still see huge numbers of people going overseas (myself including) for leisure or for business travel.

For Q4 and FY2022, I' m expecting Banyan to outperform QOQ & YOY during the covid to give a stirring set of results.

 

I profited from the last rally from 29 cents to 40 cents within a month during the uptrend.

Daily Market transacted volume was around 500k to 600k shares and average up 0.5 cent to 1 cent daily. This Trading Pattern is currently repeating, but still at an early stage. Can confirm if break 33.5 convincingly with high volume (> 1500k)

Just my observation, DYODD As Always!

Today up 2 cents with moderate volume to 52 weeks high of 32.5 cents.  Uptrend remained intact with more savvy investors discovering this tightly cornered Super Growth Stock.  Share price likely to test 2 years high of 42 cents in the coming weeks.

For those who procastinated, still not too late to enter to ride on Banyan Tree' s Phenomenon Growth Story.

In two years time upon the completion of the Grand Expansion Which Doubling In Size, coincidentally its Banyan' s 30th Anniversary, I foresee there might be some corporate actions to reward the loyal shareholders.

Just Sharing Nia Nia, Not An Inducement To Buy!

 

• Tourism Board says it will work alongside local businesses on " Hello! Hong Kong"   campaign to offer a range of perks for travellers
• Travel firms from Southeast Asia welcomed to city as part of efforts to win back tourists, with board stressing region is a large market for local industry

China' s Drastic Policy Reveral!

In addition to Guangzhou, Zhuhai, now Beijing, Tianjin, Chengdu, Chongqing all lifted curbs and lockdown and no longer required daily ART test unless deemed very necessary.

Many " Fang Cang" makeshifts hospitals are being demolished, despite being constructed haftway or have already completed and everywhere road barriers and fences are being removed.

The Trump Card is the re-opening of China to the World Tourism, both In & Out of China and we can look forward to an Full Opening & Influx of Tourism Dollars real soon.