Cereus I agree I'm out22 Apr 2020 12:33
What would the SP be if it didn't receive this "Coronavirus inspired" sales boost? Why did it fall from 45p in the first place? What if there was no Coronavirus, but the only good news was the Pension deal. I suspect we would be seeing 30p instead of the 25p, as we were headed to a "Brexit inspired" downturn.
We have already seen a drop in sales, although higher than normal sales still remain. What happened to the SP after it received a boost by the wet summer of 2012, we saw it dissolve away without explanation. We now have an explanation why the SP may " fizzle out again" it is called a " recession" much worse and longer than 2008. For starters, expect a weak Christmas, but a huge percentage of sales are at this time. Into the new year expect a return to Lidl and ALdi etc. On top of that we have low interest rates for at least 5 years, what will that mean for the Pension?