SWM 2.86% 18.0¢ seven west media limited

MEDIA REPORTS, page-1382

  1. 5,580 Posts.
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    Pecc, there has been a case in the nt and some in nsw. In Vic Community transmittion has gone from 17 to 50%

    Other states are just behind Vic. Ie an infected Vic person travelled interstate and mixed.

    Its only a matter of time I believe.

    Still the afl is only a small part of the picture with swm.

    Outside this, the virus taking off will change investor sentiment, so it's going to need something special for swm to attain 26 to 32c min value I put on it.

    I still continue to accumulate as I see value sub 11c on a 2 year look out.

    The markets are bearish and the present rise a bear trap though.

    Markets are rising, yet companies financials are degrading along with unemoyment rising and unsustainable government expenditure.

    Sep is the cruncher here with jopkeeoer only set in stone till then. The gov needs to extend it, or the crap will hit the fan.

    The position of that costing the gov 11b a month is not sustainable. So we are at the crossroads on many, many fronts.

    We are lucky swm is oversold and a pe of 1.
 
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Last
18.0¢
Change
0.005(2.86%)
Mkt cap ! $277.0M
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17.0¢ 18.0¢ 16.8¢ $334.5K 1.927M

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No. Vol. Price($)
1 23305 17.5¢
 

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Price($) Vol. No.
18.0¢ 979905 9
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