Are you prepared for the Coronavirus?

What a way to start a lunar new year..... Not with the good old chilled Corona Beer but with the new and infectious Coronavirus....

So, are you all prepared for the Corona Virus?

And noooo, I don't mean the surgical mask, thermometer or sanitizer. I'm sure most of you have gotten all of these to combat the spread of the Virus since they are all sold out in the pharmacies and all major supermarket!

What I mean is are you all prepared for the "blood" in the stock market? The STI index has dropped about 3% since the first trading day after CNY on the 28 Jan 2020 after the news of infected cases increasing in China. Is it going to drop further? Will this be another repeat of 2002 SARS? I don't have an answer to that

But what I am doing in preparation for it is to do a screen of the value stocks. Then do a CNAV of those companies and wait for the price to drop below the CNAV before buying it. You can find the criteria I am using for searching value stock here.

On a side note, the one person that is most prepared for all of this is ASSI!

Always with a mask and sunglasses to protect himself against the virus and always on a lookout for value in the stock market…… No offence ASSI if you are reading this. 😁😂😃😄