At current prices, this is an outstanding opportunity to buy ZNO.
Cashflows and margins remain strong, don't let a couple of lacklustre quarters sway you. ZNO is predominantly in the B2B market, and a good segment being UK has been affected by lockdowns and Brexit. But with the vaccine rollout, businesses will begin opening up.
Businesses and organisations associated with public transport will need to ensure worker, passenger and commuter safety. This is where ZNO is building a niche presence.
This presence in targeting public spaces in all modes of transport especially where people is typically crammed together, is a worldwide opportunity in multiple markets.
This is happening all at once and as 2H 21 progresses, more regulatory approvals will be obtained and ZNOs markets will expand.
moreover people simply will expect cleaning standards to improve - it will not be status quo again, especially when people are expected to be travelling close to each other.
So expanding markets, recovering businesses, permanently changed consumer/people habits & expectations, healthy margins, unique formulations with regulatory, client and branding moats coupled with an undemanding valuation adds up to an outstanding opportunity.
