RE: Trust11 Jul 2020 02:06
Getting in at 199p will seem like a steal a few months from now. Investing, or trading, is never simple but there has been nothing to suggest we won't return to the 400's for Boohoo.
- Large holders like Jupiter increasing position. Aberdeen, in my opinion, are simply looking to tank it down to 250 to buy back in because that's what large II's do.
- Online businesses will boom with the high street dying and e-commerce gaining new customers since lockdown.
- Low-end products prosper in times of economic hardship.
- Business infrastructure remains sound, if they need to move production abroad then they definitely will.
- People have short memories and will find another hot topic soon enough - Nike, Primark seem to be doing just fine after similar events.