https://www.google.com.au/amp/s/amp...s/2017/jul/05/volvo-cars-electric-hybrid-2019
This is a long term play with genuine risk. Those with a five year horizon may be rewarded if:
It's a very slow punt for now, bottom drawer for a while and focus on other investments. For me this is a play based purely on a macro theme, hoping management will pull us through to a significant pay day. If not, I can afford what I've punted.
- Management isn't hopeless. Atm the jury remains out. They are shareholder aligned with skin in the game and a clear focus on the long game, but the lack of comms and lack of commentary to a disappointing last half is concerning.
- Who the hell knows where this tech space will be in 5 years, particularly as more and more money moves into the space, and who knows if we are backing the winning horse. Too many unknown factors here for the average retail punter to make any reliable assessment imo.
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