SWF 4.00% 12.0¢ selfwealth limited

"Steady she goes ladies and gents! A little reminder, SWF is in...

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  1. 16,933 Posts.
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    "Steady she goes ladies and gents!
    A little reminder, SWF is in much better shape than about a year ago when it was a takeover target for a lazy $41.2 million.
    Looking forward to the next few months."



    Problem is, for a number of years it has been a case of "looking forward to the next few months", yet nothing happens, expect the financial performance of the business tracks sideways and the share price grinds inexorably lower.

    The only hope for some of the foregone shareholder value to be restored is if they hang a For Sale sign outside the front door.

    But they won't.
    (I know because when that avenue was put to them several months ago, the response was that they reckon they can create shareholder value via ... um... "strategic growth initiatives".)

    Lifestyle company; show where I'm wrong.
    .
 
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