I have received a number of messages from readers regarding the decline in ComfortDelgro’s share price.
Mostly, the question is whether it is a good time to buy.
Regular readers know that AK will avoid answering questions like that most of the time.
However, I can say a few things to myself regarding the situation right now.
If we subscribe to what Warren Buffett says that we should be greedy when others are fearful, then, we should know what to do.
Is the Wuhan coronavirus going to be a permanent fixture?
Are we never going to recover from this crisis?
Well, I am inclined to believe that the CEO of DBS is correct.
Things will improve come summer as the virus will not do well in warm weather.
Simply put, we will recover from this Wuhan virus crisis just like we recovered from the SARS crisis.
It will take time, of course, but I do not doubt that we will recover.