Another thing Buffett was keen on was management. IN KS we have one of the best businessman in the country. One of our competitors came to light in a recent court hearing:
During the hearing, it came to light that Network Ten’s legal team, and CEO Beverley McGarvey had approved the speech. Ms. McGarvey even texted Ms. Wilkinson afterwards saying, “beautiful speech.”
Corporate managers cannot compete with self made billionaires. No chance!
Is it possible there will only be 2 networks in the future? Hard to find any info on 10 profitability. Anyone?
Those showing charts of SWM performance over the last 20 years completely miss the point. These assets were always going to suffer with the internet and streaming. Point is, can they come out the the other side? At some point are media buyers going to see the value in TV ads?
If you believe FTA networks have a future going forward, they are cheap.
Why SWM is worth more than $1.50 per share, page-300
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Last
16.5¢ |
Change
0.005(3.13%) |
Mkt cap ! $253.9M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 17.0¢ | 16.5¢ | $49.50K | 295.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 66365 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 756484 | 6 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| SWM (ASX) Chart |