SWM 2.86% 18.0¢ seven west media limited

MEDIA REPORTS, page-1434

  1. 2,576 Posts.
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    mode ..yes, with recent asset sales will be at low 400mln..as we know they want to sell some more assets e.g. Airtasker, etc ( except Sudio) can get another 80 to 100mln..

    anyway, Debt..400mln is not the issue ..easly serviceable..and will be reduced significantly within 2 years..that what has been happening..

    Financiers will support..Kerry has a a skin in it..

    Key unknown for me.. are we cash positive in 2nd half or not( Jan to June)....I think revenue could drop25% but are they reducing cost fast enough???this year is tough for most companies..if we are positive it is a huge gift at this price..
    My view we will be cash positive ( from operating activities)
 
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