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I read this article a few days ago and thought 'that'll be bad...

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cuturhair

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02/04/20

14:59

Post #: 43842813
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Originally posted by optimistus: ↑

A little harsh perhaps. Once the restrictions were put in place it should have been obvious to everyone that discretionary dental and particularly aesthetic dentistry (which seems to be where their growth was coming from) is likely to be hit for a period at least.

But even as this was happening there were those on here saying what a great investment it was (which it may be long term, it's still an enviable company in many respects).

I expect management can only announce when they see an actual decline in orders and it's quite feasible that it's taken a few weeks for that to become concrete.

Everything else comes down to what's "likely" to happen based on publicly available information and that information is/was just as available to you as it is to anyone within the company.

So in my humble opinion you may want to take a little more responsibility for your own investment decisions rather than having a go at management for something outside of their control. It's arguable whether they might have seen indications of this earlier but I've been ruthlessly examining my portfolio for potential impacts and really only came down on the negative regarding SDI in the past few days.

Before that it was quite possible that any impact might be resolved in a matter of weeks rather than the increasing possibility that it might extend for months in which case I was eyeing those visits down into the 70s as recently as a week or two ago as a buying opportunity.

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I read this article a few days ago and thought 'that'll be bad for SDI', but didn't get around to acting on it yesterday as my mind was elsewhere. It cost me 13% by the looks of it, but I tend to just let things run as I'm not swift enough to keep up with the latest and then act as a result.
https://www.abc.net.au/news/2020-03-31/coronavirus-can-i-go-to-the-dentist-saliva-blood-covid-19/12105738

SDI Price at posting: 72.0¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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I read this article a few days ago and thought 'that'll be bad...

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I read this article a few days ago and thought 'that'll be bad...

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Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Buxton projects new graphite province discovery at WA Narryer play

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Cokal upgrades infrastructure for BBM ramp-up in Indonesia

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