SWM 4.17% 17.3¢ seven west media limited

Up or Down ??, page-5250

  1. 1,221 Posts.
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    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
 
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