WBC price target $41, page-335

Virus has slowed down significantly in China and more than 75% have fully recovered from it. China has even closed down 11 out of the 14 make shift hospitals that were built for containment. The virus is slowing down in South Korea and if it follows the same pattern then it is expected that during next 2-3 weeks it will slow down in Italy as well.

Great to see markets recovering today and Westpac also recovering some of its recent losses. Westpac just hit $20.25 and very soon it will be blue skies. A great stock to buy and hold forever. Thanks to Mr. Market and the virus shakedown which gave us the opportunity to add Westpac shares to our portfolios at such low prices.

Toilet paper situation also seems to be improving. Plenty of toilet paper rolls stacked in the local Coles and Woolies this afternoon.

Those sitting on the sidelines, waiting and hoping that Westpac will drop further to a ridiculous price have no option but to sit on sidelines, wait, hope and pray for a cheaper entry price. No risk no rewards.