@Virgil73 I like your posts – you seem like you have enough of an analytical mind to understand the SWM investment.
why 'risk' buying SWM ?Because it trades at 1.5x mid cycle earnings (or 3x current earnings) with massive share price catalysts set to unfold in the next 6 months and at this extremely cheap share price there is little to no ‘risk’ as correctly defined by Buffett as the ‘permanent loss of capital’.
The same question was also asked why 'risk' buying SWM during the Covid-19 pandemic and the result back then was that it delivered Disallowed returns from its Covid-19 lows.
15 Cent SWM share price = 3 times current earnings - Momentum is beginning!, page-58
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Last
14.5¢ |
Change
0.005(3.57%) |
Mkt cap ! $223.1M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.5¢ | 14.0¢ | $105.0K | 733.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 1276723 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 804811 | 13 |
View Market Depth
| Last trade - 16.10pm 25/06/2025 (20 minute delay) ? |
| SWM (ASX) Chart |