The company was never really the problem, it is just the external factors that are weighing down investor sentiment.
I am a big fan of management, I don't feel they get enough credit for all they have achieved (albeit somewhat behind schedule).
If this virus hadn't come along, the share price would be significant highly for sure.
But the risk that I feel is weighing on most people is that China is only just starting to get the virus under control under severe quarantine conditions... but they will start letting people go back to work and wander the streets again soon, and once that happens either one of two things will happen.
1) no new mass increase in infections and all goes back to normal in China; or
2) mass infections re-occur and China goes back into lockdown and probably an even more severe form.
This month will be a telling month in how this will progress in China.. so I have everything crossed that the former is going to happen and not the latter. The warmer weather should help as China heads into Spring.
As a forum we can only share our thoughts and discuss what could happen, but I feel time will be the only cure from this downturn (not just for Fluence, but the global markets).
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