I think so, temporary set backs can be reversed in an industry like fast food, for example it is not a technology company where new thing has superseded.
Since Covid lot of things has happened to the economy and artificial stimulus disrupting everything. As a result many organisations withdrew fcst including Macquarie bank one or two years back.
Japanese economy is interesting, showing conflicting indicators. Nikkei index has reached highest since 1989,yes it is 1989. After decades of deflation and no wage growth, these indicators are turning around very slowly. How these interact with each other is a million $ question.
Ann: Trading Update, page-328
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Last
$36.24 |
Change
-0.480(1.31%) |
Mkt cap ! $3.350B | |||
| Open | High | Low | Value | Volume |
| $36.00 | $36.71 | $35.35 | $21.30M | 589.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 671 | $36.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $36.25 | 400 | 1 |
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| DMP (ASX) Chart |