SWM 0.00% 17.5¢ seven west media limited

Violent rally coming IMO. Remember, the last news was an ebitda...

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    Violent rally coming IMO. Remember, the last news was an ebitda UPGRADE at 64c share price. Any news from the company or the market that eases over-egged concerns on the underlying ad market and this is back up to 50c in a shot. IMO Goldman Sachs in putting out the sell will have mopped up stock and will go long at these levels in the knowledge that at between 2-2.5x ebitda this tv and BVOD market leader is priced for armageddon. It isn't capex intensive either, so the EBIT multiple is not much higher. Ridiculous!!!!
 
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