It would be difficult to find a better inflation hedge than SWF at the moment.
Consider the following (reasonable I hope) assumptions:
- Cash rate at 1.85% by end of 2022 (lower than most banks now expect)
- Cash rate at 2.6% by July 2023 (lower again than most expect)
- Modest 5% quarterly growth in cash holdings by SWF
- Management does absoluetly nothing between now and the end of FY23.
The FY23 result looks to be around a $14M positive operating result, and $26M in cash, by doing nothing. Imagine if management actually does something, what it could be.
It's been more than 3 years since I topped up on SWF at 7.5c, but now sorely tempted again given these circumstances.
- Forums
- ASX - By Stock
- SWF
- RBA Rates
RBA Rates, page-17
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SWF (ASX) to my watchlist
(20min delay)
|
|||||
Last
13.0¢ |
Change
0.010(8.33%) |
Mkt cap ! $30.12M |
Open | High | Low | Value | Volume |
12.0¢ | 13.0¢ | 12.0¢ | $4.19K | 33.10K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 144000 | 12.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.5¢ | 88385 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 144000 | 0.125 |
10 | 298608 | 0.120 |
2 | 150434 | 0.115 |
3 | 150900 | 0.110 |
4 | 98391 | 0.105 |
Price($) | Vol. | No. |
---|---|---|
0.135 | 88385 | 6 |
0.140 | 464541 | 10 |
0.145 | 1058651 | 5 |
0.150 | 443473 | 4 |
0.155 | 4000 | 1 |
Last trade - 15.56pm 07/10/2024 (20 minute delay) ? |
Featured News
SWF (ASX) Chart |