@Sparktastic Of all possible times to be bearish towards SWM you chose the point closest to maximum market pessimism during which SWM trades at 1.3x mid cycle NPAT earnings (which is the cheapest SWM has ever been since Covid when SWM delivered 11 bagger returns in less than 15 months!)
Instead of making a fortune by buying SWM at these insanely cheap prices you seem intent on being bearish at the completely wrong time.
Joel Greenblatt wrote a quote which directly refers to the speculative behaviour you seem to engage in on the ASX “Choosing individual stocks without any idea of what you're looking for is like running through a dynamite factory with a burning match. You may live, but you're still an idiot.” Joel Greenblatt.
SWM Price at posting:
13.0¢ Sentiment: Buy Disclosure: Held
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