Bilendi: backtracking

Consolidation. We did well to reduce Bilendi last August when the title was worth 28.4 Euros. The stock was ripe for consolidation as it became expensive as it approached 30 Euros. The deterioration in the stock market climate and the rise in interest rates have led to a sharp drop in prices in recent weeks… Analysts must also be concerned about the effects of the economic slowdown on activity. However, Marc Bidou’s company has shown in the past that it passed the test of a sharp deterioration in the economy without kneeling. While the French GDP experienced in 2009 its most marked decline since the Second World War, the sales of the company of Marc Bidou conceded only 2.6%. For 2020, Bilendi reported growth at +5.4% despite the Covid-19…