The stock is valued on a P/E of about 4x. If the Balance Sheet was stretched that wouldn't mean munch, but the rate of cash generation means that net debt could be negligible, if they chose to pay debt down, in 3 years or so. As they buy back shares the P/E falls. Why sell at this valuation when interest rates are rising and cash generative stocks should be in favour. The stock price should be 70c now, not in the low 40's as speculated it could be.
Ann: SWM announces on-market buy-back, page-32
-
- There are more pages in this discussion • 2 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
17.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $269.3M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 18.0¢ | 17.0¢ | $200.7K | 1.153M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 45000 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 644503 | 11 |
View Market Depth
| Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
| SWM (ASX) Chart |