Far too bullish28 Jan 2021 09:51
Whilst it is very well to highlight the strengths of the YU and what they are doing to turn the company around. It is still a B2B company, with most of the assets on the books not using office space or trading has slowed resulting in a lot of inflated sentiment.
I remain bullish on this stock but would also highlight that the current share price does not reflect current value. Once lockdown is ended during the summer, I would expect another wave of business and further confirmation that the company is growing. That being said it the share price will fall back to 150 or under as new investors will be expecting a rise to 1000 or above. This level will not be seen for minimum 2 years so is an investment share not something to be traded.
Opinion: Weak buy for long term investment, sell if you're a trader and Hold if you are already invested.