Agreed the debt is a significant problem but should correct the above - the 140m is net of interest payments not gross. Keep in mind the "massive" drop in cash flow was the result of a <2% drop in receipts from customers plus a $16m increase in tax paid. The business needs to cut costs sure but I get the impression people are not looking at the business ex the Pacific group.
Should note the revenue from the TV station group actually went up in 2017 compared to 2016 . To me this is key. Network TV in Australia is not the rivers of go,d of yesteryear but is still a highly profitable business.
Agreed the debt is a significant problem but should correct the...
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SWM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
18.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $277.0M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 18.5¢ | 18.0¢ | $43.22K | 234.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 236815 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 2465 | 1 |
View Market Depth
| Last trade - 16.10pm 22/07/2024 (20 minute delay) ? |
| SWM (ASX) Chart |