SWK 0.00% 30.0¢ swick mining services ltd

like what i see, keen for input, page-6

  1. 276 Posts.
    lightbulb Created with Sketch. 31
    Thanks for the charts, the correlation with drilling market is interesting.

    I suspect that stock is out of favour as they will post a NPAT loss for this half.

    With the significant new contracts coming on line however, I am calculating a return to profitability for 2H and overall profitability (just) for the year.

    From an EBITDA point of view, SWK is fairly priced at current levels and sitting in an excellent strategic and financial position.

    Share price movement will depend heavily upon upcoming announcement.... I guess end-Feb unless they let the cat out of the bag early.

    If price drops significantly I'll be piling in.



 
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