By Steve Moore | Monday 23 March 2020
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Previously writing on events group Hyve (HYVE), early this month with the shares towards 60p I concluded including it does also state in the announcement that its estimates “are based on the current situation and therefore could change if the situation improves or worsens” – though with the current trend and the already governments, authorities and organisations own travel restrictions, I suggest the “improves” there unlikely for it. Possibly one to watch for when the situation does eventually improve, but with also net debt, I’d currently sell / avoid. Today a “Further Coronavirus update”…
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