SW1 0.00% 1.0¢ swift networks group limited

Ann: Swift Quarterly Update and Appendix 4C, page-13

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  1. 3,251 Posts.
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    More than this quarter haha . In all seriousness, I think once the shell and inpex contracts are implemented we will see better quarterly. Also because some of the contracts expand beyond content to other services . Also, as an astute investor pointed out to me that it's not for accomodation - most of these rigs have tiny quarters where workers sleep in shifts, the contracts for all screens on the rigs with swift tech incorporated with the alarm , PA and communal messaging .
    Plus all the contract wins mentioned in Friday's update . If you look at April 2016 presentation , the margins will improve over the coming year.
    My conservative guess is that we make $16.5 mil in FY 17 and $20 mil in FY18 based on what I know. There is no left field wins included in this such as more acquisitions,overseas expansion, aged care and hospitality contracts etc .
    Last edited by Inferno31: 01/05/17
 
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