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Virgil73

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16/08/22

09:36

Post #: 63134135
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Originally posted by Snow123: ↑

You're wrong but sure. I don't want to argue with you because you can see the future. However patterns and the past give us an indication of what will happen. I have been on SWM very heavily since late 2018, I've watched every single thing they've done on almost a daily level.
James was one of the highest paid CEO's last year, their board make crazy money for doing nothing. I have friends in sales in SWM in Brisbane and in Sydney and I hear a lot of the BS that goes on. Management don’t give a crap about shareholders or even the common employee with most of SWM sales moving on at any chance they get.
Good luck with the blind faith, I hope you're right, but hey, I call it like I see it.
They are NOT a growth stock, no one cares that they want to control every aspect and create a media empire.
They are a value/dividend stock, however they haven't been that in a long time.
Every single other media stock has paid dividends in the past 12 months, even SXL and HT&E which had barely any profit. They also did so generously as they should. PRT also always paid dividends, generously.
Also the ONE question you and Lev20 never seem to ask yourself is why does Kerry and SVW hold soo much of SWM if they don't want a return for themselves and their shareholders?????

Imagine if Twiggy forest was like nah, screw myself (my billions of shares) the FMG shareholders, I want to use every single cent every year on my master plan?

Once again, I'm hoping for some good news, but anything under 2 cents (THEIR LAST DIVIDEND) will be seen as a massive sell signal. They could afford it when they had a 500/700 million dollar LOSS in 2017, but 200 million + profit, low debt, increase revenue and they can't??

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I'll agree with you on one point at least that management don’t give a crap about shareholders. I've seen first hand at AGMs how Kerry responds to retail shareholder concerns. He treats them with contempt to dare question how he runs his company.

SWM Price at posting: 52.0¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 18.5¢		Change 0.005(2.78%)		Mkt cap ! $284.7M

Open	High	Low	Value	Volume
18.0¢	18.5¢	18.0¢	$289.5K	1.590M

Buyers (Bids)

No.	Vol.	Price($)
2	55000	18.0¢

Sellers (Offers)

Price($)	Vol.	No.
18.5¢	138521	5

View Market Depth

No.	Vol.	Price($)
2	55000	0.180
10	586077	0.175
21	1216189	0.170
6	491731	0.165
8	449854	0.160

Price($)	Vol.	No.
0.185	138521	5
0.190	172034	8
0.195	108000	4
0.200	211798	7
0.205	57027	2

Last trade - 16.10pm 17/07/2024 (20 minute delay)

SWM (ASX) Chart

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