Why would I need to revisit your post in 10 years’ time if I already identified the obvious fundamental error It is based on in less than 10 minutes? You want to tell the story that ‘television is dying’ by intentionally ignoring the ‘digital transformation’ results that have occurred to date, results which already deliver more than 50% of SWMs earnings (with this percentage continuing to grow YoY).
You can’t just ignore an entire digital division because it doesn’t suit your narrative about television (particularly when this digital division delivers such massive growth and profitability for SWM shareholders).
Do you think that professional investors such as Spheria Asset Management and Collins Street Asset Management who collectively hold 16% of SWM shares carry out their analysis in the same way by completely ignoring the profit and growth that 7plus delivers? Absolutely not.
Furthermore to suggest that pointing out the glaring difference between SWMs $230m market cap and just its 7plus digital division managing to earn $134m in EBIT constitutes ‘pumping’ really says a lot about the lack of understanding of what fundamental analysis is.
SWM at 15 cents per share is a massively undervalued share BECAUSE of assets such as its highly profitable digital division.
SWM Price at posting:
15.0¢ Sentiment: Buy Disclosure: Held
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