SWM 0.00% 17.5¢ seven west media limited

Could Channel 7 possibly go bust ?, page-6

  1. 1,729 Posts.
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    as per other posters, DYOR and make your own decision..

    my two cents worth - Assuming there was no coronavirus by now swm would have reduced debt by 40mil (bauer sale) and probably well advanced in their negotiations to sell other non core assets and by end 2020 they would have reduced debt to a more manageable 100mil (approx) resulting in valuation of over 700mil i.e. 50c... thereafter share price would depend on organic or acquisition based growth... if live sports are back on it's a big plus but they also need other good programming and streaming initiatives...
    i have confidence in the chaps running the network, think this scenario is still possible but has been delayed by about 6 to 12 months... dyor!
 
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