Maybe it is the right time to buy!

MM

The companies cash flow and cash balance could sustain them for at least 1-2 years at current levels. 

KMA wrote:

It seems the stock price of B&O has today hit a similar or worse low than after the 2008 recession. Are they in a position to carry themselves over the Covid-19 inflected crisis in terms of cash and liquid assets?

No idea what's happening in Denmark, but in the UK the government will underwrite a lot of manufacturing and even paying employees wages, so most companies will survive Covid-19.

My fear is a new world *after* Covid-19. Economies will need some rebuilding, governments will have stopped underpinning manufacurers and we'll find consumers won't rush out and buy luxury products as soon as the shops open again. So it's the post-Covid-19 period which worries me the most.

I reading on Sunday that retailers closing from yesterday expect to stay closed until July. That's a serious amount of time (quarter of the year) without hugely reduced revenue.

Has anyone noticed a distinct lack of advertising recently? Few companies are marketing consumer goods.

@moxxey

Don’t be (that much) worried for the danes - the government is massivly supporting companies and employees.

It will not be cheap, but they know that it will cost much more, if they don’t.

MM

@moxxey

Don’t be (that much) worried about the danes - the government is massivly supporting companies and employees.

It will not be cheap, but they know that it will cost much more, if they don’t.

MM

Millemissen wrote:

Maybe it is the right time to buy!

MM

I definitely think it's time to jump in and buy B&O stock. Business is bound to take off thanks to their new, upcoming Pandemic Parade of Colors collection: Wuhan White, Corona Cream, Cholera Yellow, Masque Of The Red Death Rose, Black Death Sable, Four Horseman Fuschia, and Dysentery Beige. Advertised, of course, with a collection of snotty, bored looking Millennial models with the tag line "Bye Boomers!"

Jeff wrote:

Millemissen wrote:

Maybe it is the right time to buy!

MM

I definitely think it's time to jump in and buy B&O stock. Business is bound to take off thanks to their new, upcoming Pandemic Parade of Colors collection: Wuhan White, Corona Cream, Cholera Yellow, Masque Of The Red Death Rose, Black Death Sable, Four Horseman Fuschia, and Dysentery Beige. Advertised, of course, with a collection of snotty, bored looking Millennial models with the tag line "Bye Boomers!"

I guess this is your way of saying you won't be taking advantage of this amazing buy opportunity. 

Ya think?

moxxey wrote:

My fear is a new world *after* Covid-19. Economies will need some rebuilding, governments will have stopped underpinning manufacurers and we'll find consumers won't rush out and buy luxury products as soon as the shops open again. So it's the post-Covid-19 period which worries me the most.