RE: What is going on6 Mar 2020 07:29
I think we all except that PHE along with all companies are, or will be hammered by the Coronavirus.
If we look back at history, from the WW1, The great depression, WW2, 9/11, black Wednesday and so on, the markets have always recovered, sometimes in weeks/months but on the odd occasion a couple of years.
So for the first time, I am not too bothered if my shares loose double digit percentage figures.
We know that Companies like PHE (IAM) type shares can contradict the direction of the main markets, so even if potential customers are waiting to see how the virus develops, as soon as the number of infected persons starts to reduce, AFC could be one of the first big recovery movers there is.
We will survive this, unless of course the fatalities reach Armageddon numbers, but if that happens, a massive sp drop would not be one of our priorities anyway.