Ann: Swift Extends Into Hospitality Vertical With New Hotel Wins-SW1.AX, page-28

Some decent buyers stepping up today, lack of depth on the sell side to boot. 4C should have a good impact on a re-rate as it will clearly state they are cash positive, whereas previously it was hidden at the end of a presentation.

Bottom line, given the Revenue/EV value the SP should be a lot higher. As previously pointed out by others the management have delivered multiple hundred million $$ takeovers before. Given the current MC (even including performance shares and options) this company has a very high ceiling.

A move into the retirement sector, which they've already signaled, will be massive. Just need to make sure as they spread out they don't reduce the quality of product and service.