SWF

0.00%

11.0¢ selfwealth limited

Ann: SelfWealth delivers record growth in FY21, page-61

First 61 Last

Share
Profile

Follow
Cp dog

1,250 Posts.

171

01/09/21

19:11

Post #: 55760192
Share

Originally posted by firsova ↑

MJB

To allow you to further criticize me , I will comply with your request.

My valuation method in this case is based on a multiple of future earnings that I would suspect as sustainable , then consider the longevity of these earnings taking in to account competition , market size and the history of the business.

my view is one where I suspect that SWF will never reach positive earnings based on the current business model where the profit is derived from a scrape of the cash in bank and a margin of the $9.50 per trade it charges.

If you deduct the employment costs and the cost Open market charges I just don't see the company capable of having the necessary turnover to get to that point.

I do however believe the customer base can acquire other services and this is where it may be possible for SWF to make money

At present I think they will need to raise again in 6-12 months more capital and have a valuation of $50 million on the customer base so around 20 cents per share which is continually diluted as raises take place and they don't have positive cash flows. .

The risk is Open markets competing with them once they list on the ASX and a never ending array of providers offering discount brokerage for the purpose of capturing the customer base who then generate profit from other activities that SWF do not have.

E toro are about to start heavily promoting

Trade for Good launched free software at under $9.50 for mid sized trades this week and the advertising over the last week or 2 by Super Hero is intense which is all bad for SWF having enough MOAT to withstand the challengers to this space of low price

I await your criticism with interest , mine being I am just sharing my opinion with nothing to gain or lose in sharing this view.

At 20 -25 cents I will probably buy back in for a trade , but not because they are likely to succeed but because like a bitcoin , people think it is worth more than it really is.

Expand

What a load of crap. So these other competitors can offer trades for cheaper and by some miracle make money whereas SWF can’t. Either they must be making a killing on higher FX transfers or hitting people up with other fees for add ons. So tell us how the others are going to make a profit, as you appear to support them?

SWF Price at posting: 33.0¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

MMI

Metro Mining inks bauxite offtake contracts into 2026 with Chinese m

Week 45 Wrap: Combat sports usher in Trump 2.0 – or is it male insecurity?; RBA boring; Propane suggests China alive

UBI

Universal Biosensors flat despite fresh deal with US medical product distributor

Trump is President Again: What Does This Mean for Crypto?

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

FG1

Flynn Gold reaches milestone exploration target for Golden Ridge

HotCopper Highlights: Your most watched and most discussed stocks this week

IMU

Imugene kicks off Australian trial for blood cancer treatment

Trump Victory Sends Bitcoin Surging Above $75K – Is $100K Next?

There are more pages in this discussion • 193 more messages in this thread...

First 61 Last

Add SWF (ASX) to my watchlist

(20min delay)
Last 11.0¢		Change 0.000(0.00%)		Mkt cap ! $25.38M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
7	257336	11.0¢

Sellers (Offers)

Price($)	Vol.	No.
12.0¢	150073	6

View Market Depth

No.	Vol.	Price($)
6	252336	0.110
5	347307	0.105
6	83800	0.100
1	60000	0.095
1	33333	0.060

Price($)	Vol.	No.
0.120	150073	6
0.125	86782	6
0.130	68666	4
0.135	908238	6
0.140	374469	8

Last trade - 16.12pm 08/11/2024 (20 minute delay)

SWF (ASX) Chart

Day chart unavailable

Ann: SelfWealth delivers record growth in FY21, page-61

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Metro Mining inks bauxite offtake contracts into 2026 with Chinese m

Week 45 Wrap: Combat sports usher in Trump 2.0 – or is it male insecurity?; RBA boring; Propane suggests China alive

Universal Biosensors flat despite fresh deal with US medical product distributor

Trump is President Again: What Does This Mean for Crypto?

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Flynn Gold reaches milestone exploration target for Golden Ridge

HotCopper Highlights: Your most watched and most discussed stocks this week

Imugene kicks off Australian trial for blood cancer treatment

Trump Victory Sends Bitcoin Surging Above $75K – Is $100K Next?

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: SelfWealth delivers record growth in FY21, page-61

Top Stories

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Metro Mining inks bauxite offtake contracts into 2026 with Chinese m

Week 45 Wrap: Combat sports usher in Trump 2.0 – or is it male insecurity?; RBA boring; Propane suggests China alive

Universal Biosensors flat despite fresh deal with US medical product distributor

Trump is President Again: What Does This Mean for Crypto?

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Flynn Gold reaches milestone exploration target for Golden Ridge

HotCopper Highlights: Your most watched and most discussed stocks this week

Imugene kicks off Australian trial for blood cancer treatment

Trump Victory Sends Bitcoin Surging Above $75K – Is $100K Next?

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News