RE: The firing squad could be fully loaded up11 Mar 2020 17:46
Baxter
May I suggest that when you originally bought into SEE you took as an optician line like Specsavers?
Well, I've news for you, it ain't. No, it isn't one of those companies that are either one of the usual retailers, bankers or builders. No, it's a high tech share that can't guarantee when those multi million dollar contracts will land but they will but when they can't say (and shouldn't have said so).
Also, being a high tech company, despite SEE saying so, $ wise, R&D won't be coming down, ever. It may proportionately reduce, but $ wise it won't because if it did it wouldn't be a high tech company for long. A finished article today is only a finished article that long in the high tech world.
So, now that you know, perhaps you'd like to invest elsewhere. From previous witterings, I take it a post office savings account might not be your thing so how about supermarkets which even today should be selling something. Tesco, I hear, is doing a special dividend although you might be too late?