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#1 - The Coronavirus outbreak has caused a decline in tourism activities throughout the world
#2 - Today, government has confirmed in news that a stimulus package will be announced by end of Feb earliest, especially for aviation, tourism and retail section
#3 - PARLO share price has been on consolidation from a high of 17.5c (7 Jan 2020) to a recent low of 8c
#4 - PARLO Tours has an established travel management and services group, with over 30 years of experience, licensed with Ministry of Tourism and Culture M'sia..will surely benefit from the stimulus package
#5 - Also, with upcoming FEB 2020 QR, which will cover for Q4 2019 period, the numbers should be showing better as the coronavirus outbreak only started in early January 2020
#6 - latest update saying that Tourism Ministry is stepping up to expand other tourist market and not only depend on China
6.5/7c is kinda safe for entry as 6c only touched twice since Feb 2019. Why I am taking this counter is because I saw a lot of penny stocks below 0.10 has made their move and I anticipate penny stocks to rise slowly. CNI is improving their business plan although their last qr was poor but from what I read in their latest qr that they are going to consolidate some of their business as this is part of improving their business. I foresee CNI could easily go to 0.09/0.10 with a limited d