RE: Yet another 5% up8 Oct 2020 22:38
I think fair value was at 325p from a broker note I saw somewhere a few weeks back. So still a while to go. As I said, I chopped 75% of my holding here at just under 154p. Ofc hindsight is a wonderful thing - but I am just a little worried about what’s to come regarding further restrictions. Health officials seem to be bullying the gov into further restrictions.
I do believe we’ll have a vaccine between Dec - Feb - so long term these solid companies are as “safe” as they get. Just a little concerned about the next 4-8 weeks in particular. Sold my Gym group shares today, saw a nice rise over the past couple of days - but my local gym has already started “capping” people this week - I really hope we can get over all this lockdown or nothing CR+P!
Shares like IAG / EZY will surely tank further now that we have , what, 6 countries we can travel too without some form of Covid restrictions?
Gov honestly needs to crack on before we have mass unemployment.
The really good thing about NEX is, even with further restrictions, it will continue domestically - hence why I kept 25% in here - financially secure too.
Not ramping or deramping - I can honestly say I have NO IDEA what will happen over the next few weeks! Don’t think the Gov does either haha