Ann: COVID-19 Response and Business Update, page-14

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goodie3shoes

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26/03/20

10:36

Post #: 43706033
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Originally posted by adamwex: ↑

Only 8 deaths so far in Oz and most of them old unwell people who would have died soon anyway. Not many bonus funerals for IVC. Why so few deaths despite all the headlines of "surging" infections growing exponentially?

I suspect these malaria and HIV drugs people have been mentioning are extremely effective at preventing deaths. No one wants to publish that or people will get complacent so they are keeping it quiet.

I predict the number of deaths in Australia from Covid 19 affecting people who were otherwise healthy (ie not in a nursing home or going to die within a year anyway) will be very small. Possibly immaterial to IVC's earnings.

In a few years we will be in economic depression and wonder whether it was all worth it.

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I think you are taking ,sadly, ' The Trump view'. Jobs before lives. 21,000 dead globally and many more to come. What it means to IVC ,in the end, who knows. My biggest investment is IVC but my major reason to be pissed off is the sale of shares by directors apparently before the poor financial result came out. People will die, funerals won't be grand but they will still need funeral parlors.

IVC Price at posting: $10.22 Sentiment: Hold Disclosure: Held
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Ann: COVID-19 Response and Business Update, page-14

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