RE: share valuation24 Dec 2020 09:08
We've seen something like 50% growth in the last two months, largely based on the Pfizer cavalry (other vaccinations are available folks) and the next year should see something like 50% of the UK population treated and (at this rate) the other 50% having already had the disease.
HMSO could be in a great position to benefit from the psychological hedonism that follows a period of sacrifice. in other words, in spite of domestic financial difficulties that many will face, people enjoy the experience of shopping as a reward to themselves. After enduring 2020 and the first half of 2021, once it's safer for everyone, I expect we'll see a flood to shopping centres. Online is convenient and often cheaper. But there's something about "going shopping" and picking up bags of new stuff that will be a huge psychological remedy for a lot of people. So in my view, dadean, I am very optimistic HMSO will double next year despite probably having some choppy trading results in the immediate term. Happy to invest here and keep the money locked-in for 12-24 months. If I'm right then it'll average about 5-10% growth over the next year. Obviously this is all just my opinion and DYOR, etc. Happy Christmas.