What industries are...
 

  You don't need to be an 'investor' to invest in Singletrack: 6 days left: 95% of target - Find out more

[Closed] What industries are doing well out of COVID?

92 Posts
74 Users
0 Reactions
271 Views
Posts: 41642
Free Member
 

We are looking to buy at the moment. People are asking and getting silly money at the moment. £1800 for mongrels ( Cavachon / Cockerpoo cross)
Bonkers

Bargain, friends just paid £3200 for a cavapoochon (it's not a breed, its a very nice mongrel).


 
Posted : 27/09/2020 8:39 am
Posts: 5382
Free Member
 

Banks are busy, lending money at cost and making nothing. Before anyone far left loses their sht.

On the other hand card transactions are up by around 300% (in retail at least) and cash withdrawals are down about the same. So the banks have more money staying in the bank than ever before and are taking fees from more transactions than ever before.....
Id bet the vast majority of banks still makes a healthy profit in their 20/21 figures.


 
Posted : 27/09/2020 10:17 am
Posts: 0
Free Member
 

Id bet the vast majority of banks still makes a healthy profit in their 20/21 figures.

Even if they make a profit I don't think employees will see it. I work for a bank and pretty much expect zero bonus next year but to be honest im not that fussed a bonus is exactly that a bonus. im just happy to have a job these days.

But on the subject of businesses doing well im the 6th hire in my department since the whole lockdown thing started.


 
Posted : 27/09/2020 10:41 am
Posts: 2402
Full Member
 

I suspect anyone doing holiday accommodation in the South West is having a good year, lost early season bookings but massive demand even now and hiked prices I suspect will end a good year. And based on the price I just paid for a Cornish pasty on holiday down there, the baker who makes them.


 
Posted : 27/09/2020 4:35 pm
Posts: 1049
Free Member
 

I'm a Decorator and work is silly busy for me, has been since lockdown ended TBH. Same goes for all the other trades I know


 
Posted : 27/09/2020 5:00 pm
Posts: 0
Full Member
 

One of my customers in Oldham (Engineering) got large orders for B&Q (Sanitiser Units) Greggs, Wetherspoons and Subway (Screens).


 
Posted : 27/09/2020 6:13 pm
Posts: 0
Free Member
 

Car sales, New and Used I know businesses who sell both and their biggest issues is they can’t get stock at the moment. We bought a new car for my Wife, the dealer sold her old car 3yrs old and 20k miles for £5 less than we bought it new.

Dealer I bought my new (14 months old) car from isn’t selling much in new cars, but quite a demand for used. We’re very busy with ex-lease vans and cars from Arval and to an extent Motability, but we repair and refurbish them, plus we repair, refurbish and decommission British Gas vehicles, and AA/BSM cars, installing dual-controls and applying graphics to new cars for them; we’ve had three transporter loads of Ford Pumas in the last week, with more to come, 100 in total, which means plenty of work – the business as a whole has taken on fifty new staff across the five sites around the country.
All of which really has nothing to do with Covid, we’re just very lucky to have won three new contracts around the time that Covid hit, and are in the position to take advantage of them.

Little update on the Car Supermarket I know.

Did little or nothing during lockdown, had a huge boom, now there are tumbleweeds blowing through the showroom again. They don't know if it's the normal end of summer lull, because they're in a local lockdown area or signs of Covid economic slump.

They still think it will be a good year overall for them, and the fact they could furlough stuff during the quiet times has certainly helped the bottom line, even though they topped up wages. They were very grateful to be able to trade through their normal peak months.

Most of the other businesses I know are 'business as usual' now, things are sort of rolling on as they ever did, but then we don't work with anyone in the Pub/Resturant/Cinema trade etc.


 
Posted : 29/09/2020 10:07 am
Posts: 13594
Free Member
 

Wife works for Kia Uk, selling cars like hotcakes since lockdown ended....


 
Posted : 29/09/2020 10:43 am
Posts: 0
Free Member
 

Bargain, friends just paid £3200 for a cavapoochon (it’s not a breed, its a very nice mongrel).

All breeds start somewhere, a couple of hundred years ago Bedlington/Rothbury Terriers were a Whippet/Otterhound/Terrier bastard mix.

Cockerpoos are usually good dogs as well, if bred well they usually come with a poodlish coat but the affableness of a cocker. Charging higher prices for KC standard dogs is partly what has driven some of the issues with many breeds - so I find it silly to turn your nose up at charging 3k for a healthy cockerpoo when pugs are fetching even more.


 
Posted : 29/09/2020 11:44 am
Posts: 469
Free Member
 

I work on Mobile Telecom networks on the infrastructure system cooling/fabric/electrical systems etc.

And it never dips
Recessions or viruses
People never ditch their phones.
C19 hasn't made any difference to us apart from the risk of attack from Covid-19 conspiracy loons.


 
Posted : 29/09/2020 4:52 pm
Posts: 0
Free Member
 

I work on Mobile Telecom networks on the infrastructure system cooling/fabric/electrical systems etc.

And it never dips
Recessions or viruses
People never ditch their phones.
C19 hasn’t made any difference to us apart from the risk of attack from Covid-19 conspiracy loons.

So, you to fit the Covid sprayers directly to the masts, or do they just transmit the signal so the mobiles know to release the virus into the users ears?


 
Posted : 29/09/2020 4:58 pm
Posts: 469
Free Member
 

Bit of both really 😉


 
Posted : 29/09/2020 5:01 pm
 core
Posts: 2769
Free Member
 

There's money to be made in sh*t.

With people spending so much time at home non-mains drainage systems are failing frequently, well the drainage fields anyway, particularly in heavy/clay soils. Lots of these are old systems, with replacement not being straight forward due to ground porosity and space constraints.


 
Posted : 29/09/2020 5:32 pm
Page 2 / 2

6 DAYS LEFT
We are currently at 95% of our target!