BVS -4.11%: Hit today on the deteriorating COVID situation in the UK. Bravura have had earnings headwinds stemming from their reduced ability to make sales during lockdowns in that part of the world and while the UK is a long way from this now, the case numbers have clearly got investors nervous today and the stock is getting hit back down to what we paid for it recently. For now we’ll look through this but we are conscious that technology (including BVS) has had a strong run.
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Performance update for March, stocks that drove returns & our current positioning
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Fri 19th April – ASC200 -117pts, Pilbara (PLS), Whitehaven (WHC) & Woodside (WDS)
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Market Matters Research Lead Shawn Hickman with David Koch
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Friday 19th April – DOW up 22pts, SPI down -55pts
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MM remains bullish BVS
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