Fiona Auery's comment on A1AKK. All Comments

Fiona Auery
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CNY, Hari Raya, and year-end (Mooncake + Christmas + new year). Means their seasonal volatility is actually smoothened out compared to single-festival F&B players. Plus their export angle to Singapore, Hong Kong, China, and Australia gives them a defensive moat against pure-domestic competitors.
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Master Academy
just treat seasonal as bonus, horeca is the main growth driver for this company
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Pepo
what is horeca?
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Wei Yang Hau
@pepo horeca is acronym for Hotel, Restaurant, and Café/Catering
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Master Academy
yep horeca stands for hotels, restaurants & cafés/catering, so if more of horeca get spices from them, it will help grow their sales
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