SW1 13.3% 1.3¢ swift networks group limited

Bangkok Gedda on a winner?, page-7

  1. 1,884 Posts.
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    Hi Duk

    Yes I remember no.26 very well indeed. A lovely girl. What was her name again ?

    It's good to see so much enthusiasm from the punters on this maybe speccie. We should not talk about the fundamentals of this stock 'cause there is none. Fundamental analysis can only be done when a stock is making a profit. In simple terms has a PE ( amount of profit assigned to each share). Bottom line at this time is an operating loss of about 5 million. This needs to change dramatically and potentially with caution it can.

    What we can discuss though is a highly prospective story with enormous potential. It all comes down to IF. Can managements grand plan be achieved in a reasonable time frame. Nobodys knows, hence it's a nice looking speccie.

    They are winning more contracts albeit modest at this time. They are branching out into hotel accommodation space, aged care and already establishing themselves modestly in the resources space. They need to penetrate opportunities in the hospital space also.

    What they really need to do is to become, the dominant player in the hotel accommodation space, resources, hospitals, aged care, resorts and the like. It's all possible but at this time a big IF.

    The challenges are who are the dominant players in this space. And how does swift capture market share from them. Is swift's product superior to it's competitors ? Is it's moat superior ?

    Obviously it's a junior at this time. Just like the Doggies can knock off the Hawks. It's possible.

    Probably the BKK Jeddha has given you a good tip. And of course on good faith.

    Just remember Duk there's no need to rush. Always opportunities present in the market. Wait for a decent pullback and a 7 day rsi oversold alert and a decent turn up in price if forthcoming and then jump in with your stop below that recent low and lets see what happens.

    Remember you buy slow and sell fast. Good luck !
 
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Last
1.3¢
Change
-0.002(13.3%)
Mkt cap ! $8.437M
Open High Low Value Volume
1.4¢ 1.4¢ 1.3¢ $20.76K 1.491M

Buyers (Bids)

No. Vol. Price($)
2 223072 1.3¢
 

Sellers (Offers)

Price($) Vol. No.
1.8¢ 462860 1
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Last trade - 16.10pm 30/08/2024 (20 minute delay) ?
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