RE: I hate this share26 Aug 2020 11:55
A real rollercoaster. Bought in during the madness of March and April and nearly jumped ship at 420. Took my eye off the screen for a couple of days and closed the week 640+. Should have jumped ship again but greed got the better of me and watched the drop back to 466. Felt gutted with a near £2 drop per share but in reality had I jumped at 420 I would be even more gutted.
This industry is robust and cannot be compared with other service sector companies. With the CMA's watered down interim review Dignity can only march on, albeit slowly. Sad as it is, delays in cancer and cadio related treatment during covid will only lead to higher fatalities in the coming years. If we can get back to 600 by October the future looks more promising.
I know lack of funeral extras have been a hit, but it would be interesting to know if the prepaid funeral plans have any clauses for partial refunds to clients where the full package couldn't be fulfilled. If none, that is a positive that should show up on the balance sheet at some stage.
Apologies for rambling as first post on LSE after years of voyerisim !