RE: Confidence12 Nov 2020 22:01
The companies impacted by covid some of them will recover extremely well and fully recover and to suggest not so is stupidity. Airlines, transport will fully recover especially those with cash in the bank and yes some small companies may not but most will make a full recovery.
The problem is more hospitality and leisure like cine world etc are more a gamble due to ever increasing debt.
Companies that have little debt or made good calls at start of pandemic are set to come back stronger than ever and will yield massive gains from current levels in the next twelve months and way more than shall be seen here such as EZJ, HYVE, NEX, RR are just a few that can easily double and triple from there current SPs in twelve month in fact some have already nearly doubled in a week. BOO cannot double from these levels in short to medium term to get 500 plus here with all issues won’t be happening until 2022/23 whereas a company like HYVE could be 500-600p in 2-3 years and currently sub 100p
BOO is great but plenty of other opportunities at moment and don’t forget US stocks also.