SWM 6.25% 17.0¢ seven west media limited

I enjoy reading all your comments guys. So I hope it’s ok that I...

  1. 134 Posts.
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    I enjoy reading all your comments guys. So I hope it’s ok that I throw out a question to you all.

    With the announcement not far off what’s everyone’s gut feeling?? Good or Average news on the way ???

    I’m an optimist BUT this is 2020 and there’s not much good news about. That said , you could argue the bad news has been factored in at 10cents.

    The stock price has flat lined with everyone waiting to hear how the companies looking im guessing.

    ratings are solid , cost cutting has been ruthless. Revenue would be down significantly but how much ?? We will find out. Ad breaks may be full but I’m guessing clients aren’t paying pre Covid rates.

    it’s the debt that scares everyone so the announcement of a sale to wipe off some of that will be so well received. I personally think they are doing well managing debt.

    Im super bullish on the stock and have invested far more than I told my wife. I look at it this way. There’s way more chance the stock will double to 20 cents than halve to 5cents. Even if it takes another 12 months.

    good luck everyone. I’ll be kissing kochie when it gets to 20 cents !!
 
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