Paul – Stock – 1-Jan-2020 – 20p
My opinion – this is a decent company, with a strong balance sheet. It therefore has no solvency risk, in my view.
Being stuck at home for long periods could, I imagine, trigger a boom in desire & need to renew sofas. Therefore, I think this could be an interesting share to buy now, providing we’re prepared to ride a potentially volatile share price. If it drifts back down again, after today’s 13% rise, then I might be tempted to pick up a few, possibly.
The downside risk is that fear of unemployment could cause consumers to draw in their horns, and defer purchases of furniture. It’s difficult to know either way.