RE: Long term up30 Mar 2021 12:11
For me, I think it’s a simple case of the market waiting for proof in the pudding. I suspect if the forecast has met with a return to profit in H2, then SHI will start to move more swiftly.
This isn’t a covid stock, it’s a traditional recovery stock and they generally take time. It was unloved bu the market prior to covid and most holders were likely those carrying a loss from its heyday. It takes time to win back the love and confidence of the market.
It’s slow money, but it’s safe money in my view, so I’m happy to forget about it for a year or two.