Have not kept my eye on SWL as I should of...and wow got a shock to see price as halved.
Wondering if the downgrade has anything to do with change of MD....ie new MD coming in a seeing a few so call "creatives" on the books. So maybe just new MD cleaning out the skeletons in the cupboard, which could mean the new management can be trusted and the old management (which was highly regarded) was actaully uummm lets say problematic (just a theory).
As an aside, I notice Roger Montgomery had this stock as an A1, but I see in his blog he has not held this stock since April. As someone who has thought about getting Skaffold, I have noticed this happen (ie A1 rated but then suddenly dropped) with other stocks - TGA as an example. What I want to know (if anyone out there does use Skaffold) does Skaffold display this change in sentiment or are TGA and SWL still rated A1...which would then lead me to question the value of Skaffold.
THanks
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