RE: Fair value9 Feb 2021 03:31
Yup last year because of their update I purchased - in the 4.40s I think it was... then boom covid hit almost suddenly and lost me a small amount but I sold out (I sold all my holdings after the first bad Monday in the markets - glad I did as some of the following weeks were brutal!!). Definitely was on for good growth and no reason it cannot continue if things start to re-open this year. If we are still like this next year then I worry (yes, I heard someone say seven years until it all disappears!).
This time though there is the hybrid notes, more shares, etc. so to be honest if it hits £4 I'd be happy. A dividend at some point would be great for my holding but if not I'd be happy still at those levels if it never went up from there and I sold out. However, barring any massive new developments in COVID meaning the pandemic goes on for years with restrictions, it is one of the few companies I see in the FTSE 350 and say that is a company I want to own - mainly as I have used them for many years and see the good service and prices. I hope to use them many more times in the future...