Why I consider SWM a good .." defensive " stock
there are some definitions of what defensive stock is..
my main objective is to identify a stock which is underperforming but has a solid fundamentals and will shine in medium to long term...
example is NEC - analysts e.g. Macquarie is not playing down NEC..
my philosophy here:
1. People will need entertainment. They will travel less , eat out less but will watch something. Some reports alsow suggest it.
2. Based on premis number 1 we have what it takes...e..g number 1 network , number 1 reach in Aus CNBC Universal, AFL etc..
3. Yes, there might be a bit less adds but companies who want to increase their revenue - have to advertise..no matter what economies will be..in bad time advirtise as well
4. Our digital business will be over 50% of our Ebita next year..great defensiveness
5. Low debt level
overall, Macq. And other banks got it wrong in pandemic...and I saw their predictions in 2008..my view is they know as much as another person who reads news..
business which delivers ebita over 250mln...and trading at 600mln MC..is a investment with good margin of safety
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Last
17.5¢ |
Change
-0.005(2.78%) |
Mkt cap ! $269.3M |
Open | High | Low | Value | Volume |
17.5¢ | 17.5¢ | 17.0¢ | $562.4K | 3.280M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 587642 | 17.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.5¢ | 123200 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 537642 | 0.170 |
10 | 1315605 | 0.165 |
9 | 381765 | 0.160 |
2 | 17400 | 0.155 |
17 | 143816 | 0.150 |
Price($) | Vol. | No. |
---|---|---|
0.175 | 123200 | 8 |
0.180 | 990209 | 16 |
0.185 | 402202 | 7 |
0.190 | 572602 | 3 |
0.195 | 62388 | 4 |
Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
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