SUNLIFE IS JUST INCREDIBLE

Sun Life Financial released its fourth-quarter financial results on Wednesday, February 12, 2020 after markets closed. – They continue to outperform shareholders expectations READ MORE

CNPF INTERESTING

“Century Pacific Food, Shakey’s Pizza – now ‘plastic-neutral’” Two companies under the Century Pacific Group (CPG) are now officially “plastic-neutral”, fulfilling a goal set in 2019 to help manage its post-consumer waste. Both Century Pacific Food (CNPF) and Shakey’s Pizza Asia Ventures (PIZZA) have marked their first year of being “100 percent plastic- neutral” last January 2020, following a push in 2019 to be plastic- neutral by 2020. CNPF, one of the Philippines’ leading food companies, is the company behind household names Century Tuna, Argentina, 555, and Birch Tree. Shakey’s Pizza is the Philippine leader in the pizza and full-service restaurant categories. Both are among the country’s top consumer companies working to minimize their environmental footprint. Being “plastic-neutral” means a company is able to recover the amount of plastic equal to what it uses and converts it into energy. In 2019, both CNPF and PIZZA, alongside Republic Cement, a leading cement corporation, and in cooperation with Friends of Hope, an impact company, agreed to co-process post-consumer plastic waste, converting these to energy. This energy then serves as an alternative fuel in producing cement, replacing coal. “Consumer companies face significant cost and performance challenges in finding more sustainable alternatives to plastic. While co-processing is not the perfect solution, it can mitigate the environmental impact of plastic usage,” said CPG president Christopher Po.

TECHNICAL ANALYSIS

Price moving toward bullish symmetrical chart pattern
SLF is forming an interesting Bullish Ascending Triangle

KEY TAKEAWAYS

  • Both these two companies should perform well even with Coronavirus
  • Insurance companies will have more business but at the same time Claim could increase if the Virus is not contained – we are positive of SUNLIFE
  • Food industry – like Century food is all good

Our next class is on – 7th & 8th March – PM Sharon @ 09199104104 to reserve your seat

FINWAZE TEAM

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