Yes, sentiment is bad at present, SP at 4 year lows, chart looks awful, revenues falling and costs need containment to pay the bills.
However, as a contrarian investor, I foresee a good bet that the advertising cycle will turn at some point and fair value of SWM on metrics is around 40 cents a share. I’m betting on this and prepared to pick up small parcels (did do today) to add to my modest holding. Might go lower, might not. DYOR
SWM Price at posting:
17.0¢ 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)