SWK swick mining services ltd

Yield so so

  1. 3,455 Posts.
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    Just bought in .
    The yield based on current levels is just OK but in my opinion maybe even better.

    The outlook looks better with strong order book of $284m
    Increase in the number of rigs being utilised
    Improved macro economic outlook
    Commodity prices on the increase
    Lockdown restrictions eased.
    Proven ability to generate strong cash flow, providing returns to shareholders
    Orexplore demerger just maybe this might contribute something to the financials

    and the possibility of an even better divy appeals to me.

    DYOR
 
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Currently unlisted public company.

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