Agreed. We're barely 50 days in to this "recession"/market correction. Most companies have dropped guidance but are yet to report on earning impacts. If social distancing restrictions remain through to June then the end of FY reporting will be ugly. Very ugly. The flipside is that companies are valued on future earnings and if retail sales are able to get back on their feet quickly post isolation then the market could indeed see a V shaped recovery.
Ann: Material win in China - Smart Water Solution, page-22
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