SYD 0.00% $8.72 sydney airport

You most certainly can. Well, to be frank, I don't know what the...

  1. 4,204 Posts.
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    You most certainly can.

    Well, to be frank, I don't know what the price will be tomorrow let alone in 8 weeks time. But I am confident in 5 to 10 years time, SYD will surpass it's previous highs (not advice, DYOR).

    We could have a swift recovery as the virus slows down. I am also quite confident humanity will prevail like it always has. China is going back online as I am told from friends. The CBA Basketball league is requesting players return to prepare for their season to recommence.

    I am quite comfortable purchasing SYD at a 48% discount. This was only 2 months ago! To put it another way, I am much more comfortable holding today than I was 2 - 3 months ago when the valuations were a bit eye watering.

    And heck, if it drops another 50%, well I might just drop a bit more in.

    I think it is important to acknowledge nobody knows where the bottom is. Nobody. Certainly nobody on HC.

    Good luck TenX.
    Last edited by Ka$hmira: 17/03/20
 
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