RE: Going to be brutal19 Mar 2020 13:29
The price decline of 80% since Feb is quite something . Having said that all other drinks and pub groups have had a similar fate . Today Chinese news that after 80,000 cases there have been zero in the last 24 hours . We will get through this , particularly as Government will help if need be , therefore if you think this will be over in 6 months the share price will go from today’s p/e of 3 to more normal market levels . I have a nice dividend due next month from Lloyd’s and this will go into MAB .