no worries noomxx, just trying to clarify the situation, so its nothing personal ... and no one here is a Disallowed salesman as far as I can tell... (I could be wrong). and I myself sold a large portion of my holdingat 64c,
anyway...In the acronym EBIT, the E stands for earnings.Net profit is the bottom line. Sure the net protit is lower than earnings (EBITDA) obviously, but net profit can include non cash items (as you stated) so its not a realistic calculation of the 'real money' of the company.
Nevertheless, in the last release didnt SWM state that the 'Earnings' will be around $350m? (Im sure they did, and I havent gottime to check right now) So, instead of doing fancy calculations, why not put the MC as of today of $770m next to the $350m 'Earnings', then think for a moment, just looking at those 2 figures and then click the buy or sell button on your Comsec screen?
SWM Price at posting:
48.5¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)