I’m currently reviewing my holding in SDI after its 25%+ fall since the Coronavirus outbreak.

Having noted in their latest results that approx. 25% of their sales went to Asia I assumed its fall had been due to it being heavily dependent on Chinese supply or sales.

However my review dug up a report on Stockopedia by Damian Cannon, of the CEO’s recent (Feb 2020) presention at a Sharesoc event , where in answer to questions :-

“Mike (Creedon CEO) stated that they have almost no dependency on China either in terms of sales or supply chain. So that's reassuring.

So I guess my question is do readers know of another reason why the price has fallen or is it a simply a case of investors mistakingly assuming SDI have a larger exposure to China than they actually do ?

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