BUSINESS SECTIONS / FUNDAMENTALS6 May 2020 10:02
Go and buy a newspaper. (Telegraph is very good) Read the first 5 or 6 pages. Then read the business section. What do you see?
Businesses failing. Empires collapsing. Dividends slashed. Increasing debt. Negative projections.
The airline industry is buggered, cinemas, restaurants, bars, clubs, car manufacturers, fashion, retail, oil companies -- all going down the toilet.
Then you have a mines to battery company -- profitable, no debt (but has some if it needs) continuing operations -- who will spend the next year consolidating. (NOT in disaster recovery, distressed asset sale)
Bushveld Minerals is oversold. CRIMINALLY undervalued -- but marching on.
Long and strong.