SWM 0.00% 17.5¢ seven west media limited

I am still holding. 35k position at average of 40c.the fair...

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    I am still holding. 35k position at average of 40c.

    the fair values on this thread approximate my own valuations.

    the main concern I have is their debt. can the debt be repaid fast enough to offset continued declines in ebit.

    having said this one whiff of good news and swm will jump at least 20% in a day or two, so negative is the sentiment.

    I hold a very wide portfolio with numerous value positions. overall done well with a return of 40% last year but obviously swm has not been one of them.
 
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