SWM 3.13% 16.5¢ seven west media limited

Hi Chook, I really support much of what you say in this forum...

  1. 971 Posts.
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    Hi Chook, I really support much of what you say in this forum and your positive views on SWM but I just want to say I have been a long time investor in SWM always expecting that the share price would continue to rise over time but up until recently that has not been the case, for a short time it climbed to around $1.10 before heading down again, I think my original purchase was $1.58 a share 8 years ago and have over the period averaged down to just under 31 cents a share each time thinking the last time before it turns back up. And it was a share that I originally purchased for dividends. So I can understand the negativity and frustration for some on this forum but I do believe that this will recover at some point in the near future, it simply has to. Like many of you who support KS I have always thought the same way but it has been a long hard journey for the faithful. For those who have been able to pick up shares at current prices of course will have a lot more to gain than the long term investors. My hope is that SWM will start to think of paying dividends once the debt is under control.
    Cheers
 
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