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Murder in the Outback - smashed ratings, page-8

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Anup279

315 Posts.

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14/07/20

16:44

Post #: 45859264
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Originally posted by mode1971: ↑

Swm ratings are certainly good with the afl and big brother, hopefully that has prevented a revenue collapse.

Prime announced job keeper, swm has not, the criteria is 20% minimum.

By no jopkeeper, revenue looks like less than 20% fall.

On costs, the asset sales, if all applied to debts save 5m in interest, 20% temp pay cut adds about 7m.

The afl, could add to ebit also, the deal was done close to end of fin year, so anybodies guess if it will apply greatly to the half end June 2020.

Ebit was 120m end Dec 2019, if we had a slide of 20% to 100m from revenue side, it might be boosted by 12m or greater from costs out to 110m to 115m area.

Swms ebit key I feel is costs out, more than revenue down.

They also could return a profit from the property sale, that depends on carrying value versus sale value.

I'd not be positive if swm had received job keeper on the revenue side, or sold assets on the cost and debt side.

On the share price, I think bottom is yet to be had.

On up days the volume is less than down days, to indicate up, volume needs to be light on down days.

We do have support at 8.5, with 2.9m. And it's light on sell to 9.8c.

Maybe 8.5 to 8.6c will be bottom, I did think 9.3 last week, but we seem to have bots trading it down.

Either way on a long term view, I think great value exists anyware under 10c.

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looks like it’s going in 7c range soon

SWM Price at posting: 8.9¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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(20min delay)
Last 17.0¢		Change 0.000(0.00%)		Mkt cap ! $261.6M

Open	High	Low	Value	Volume
17.0¢	17.5¢	17.0¢	$61.03K	358.9K

Buyers (Bids)

No.	Vol.	Price($)
10	395066	17.0¢

Sellers (Offers)

Price($)	Vol.	No.
17.5¢	402196	12

View Market Depth

No.	Vol.	Price($)
9	365066	0.170
8	1149969	0.165
8	321765	0.160
3	77400	0.155
17	143733	0.150

Price($)	Vol.	No.
0.175	353712	11
0.180	1096209	18
0.185	406202	7
0.190	572602	3
0.195	62388	4

Last trade - 16.10pm 11/10/2024 (20 minute delay)

SWM (ASX) Chart

Murder in the Outback - smashed ratings, page-8

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Murder in the Outback - smashed ratings, page-8

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Sellers (Offers)

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