@Transversal do you still hold Zno? If so, have you set mile stones beyond which you will not hold the share? I would much appreciate your input. Thanks
I do still hold a few shares, but I reduced my holding significantly after the most recent 4C and Half-year report, both of which were well below my expectations.
Strictly speaking, I could say that ZNO has already breached my original milestones and that I should be out by now. At the same time, though, I feel that a lot of capitulation has already occurred, and that it wouldn’t take much in the way of good news to turn the SP around in a meaningful way from where it currently is.
By all means, I do think that good news are possible for ZNO, i.e. I don’t see the need for higher hygiene standards disappear any soon, just because Covid vaccines are being rolled out.
So, if nothing else because I’m a happy user of their products, I’ve decided that I don’t mind holding out with a small “monitoring parcel”, and waiting for more confirmation of where exactly things are heading.
Cheers
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