It is hard for me to get a handle on this. If the entire 'markets' around the world decide a 10 to 20% fall is warranted, I wonder what the Zenith price will do. In theory, they are insulated, in my opinion, from the worst. But with the thin trade it seems to me when the market falls 2%, we fall 4%. That annoys me, but it is what it is.
Then when you look at earnings the stupid virus actually enhances Zenith, as we are so gold oriented. Mind you, I can guess any potential contacts (new clients) will easily be put on hold. A buyer of energy may wait 'a little' to see how this all plays out. But, again, Zenith are kind of 'full' right now with clients and we worry they may get too many more, too fast. That worry may be lessened with the virus.
I can understand the virus running amuck on shares... banks, bhp, woodside, and retailers, for sure. Heck even a coles or woolies may end up with supply side shock and people, in general, bunkering down.
But re our (my) beloved outback power stations. Are they 'safe' out there. Will Zenith just churn along, even if the entire world gets sick? (Is there some pharma etf I should invest in?)
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