acquire prime group as soon as debt finance finalized 2 years...

First 5 Last

Share
Profile

Follow
jack999

238 Posts.

41

09/11/23

10:56

Post #: 70804123
Share

Originally posted by Jtalbot23: ↑

1- So SWM is owning the TV market atm but the decline in viewership is scary. Take the good with the bad I guess!
2- Good to see debt facility decreased for the next 4 years.
3- From KS:
The Board and Management continued to maintain a conservative approach to our balance sheet and managing investment in our digital future and content in a disciplined way. We understand the desire from our shareholders to see a resumption of dividends and we have been consistent in our communication that we are constantly monitoring our capital management options and will act in the best interests of the company and all shareholders on this topic. Above all, our objective around any dividend decision is that it will be sustainable.
Take what you like out of that, he didn't really take a stance imo. Rather he acknowledged our frustration.
4 - digital earnings likely to surpass 50% of total earnings. SWM leading the charge for digital in the traditional media space.

Expand

acquire prime group as soon as debt finance finalized 2 years ago May be not a smart move if look back. at every low interest rate situation pay too much for that acquisition, leave no money for dividends or buy back seriously or reduce debt now. if now, the price will be cheaper to get prime. specially at the situation balance sheet not completely fixed and 4 years not paying dividends , i personal think acquire prime is bad decision.

SWM Price at posting: 28.3¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

Reply