RE: Can't believe...31 Oct 2020 07:08
Excellent post Mike. Only caveat is the strong chance the airport gets closed again in this second wave. The alternative is Covid testing and/or a Covid passport.
I would imagine their Covid related sales enquiries have been going mad in recent weeks. It's going to be a very tough few months this second wave. Businesses of all descriptions are going to need Covid protection kit to keep their customers as safe as possible. The increase in sales staff at Westminster speaks volumes.
In the mean time, I can't see the market taking much notice of WSG unless it pulls some kind of 'rabbit out of the hat' in the way of company changing news. That would be a miracle in these days of quarantine related travel.
I wait, knowing the company is making good coin, is weathering these Covid times in good shape.
Company has enjoyed 5 years of double digit revenue growth, even during Covid, is EBITDA positive and is making a net profit to boot. Patience will be rewarded.