SW1 0.00% 1.0¢ swift networks group limited

Hello and thanks @Inferno31 for the video, and to you and...

  1. 5,305 Posts.
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    Hello and thanks @Inferno31 for the video, and to you and everyone else for the clear information that’s on the forum here.
    I don’t know if I have posted here before but I bought iinto Swift after the lithium contract announcements on AJM and PLS last year - a little research prompted an initial parcel of shares on a ‘bottom drawer’ basis.
    I’ve acquired some more since. .. Enough that I’m finally (belatedly) launching a genuine DYOR attempt to hopefully establish a more solid sense of personal confidence before making any decisions about what to do next
    .....and because there is so much knowledge and experience in this forum I thought I might raise some points here in the hope they could be discussed and expanded upon ...


    From reading technically analysis here it seems there is a line in the sand at 34c and the one below that is 28c....(which is alarming to me as it has been lower than 34c in recent days )
    However the drop may be linked to shares coming out of escrow and - looking at numbers of sales - this may be finished now
    Market Cap was $60 million in the video but currently around $58 million .
    Xavier is highly regarded here http://www.swiftnetworks.com.au/executive-team/ so there is trust in the Management team ....

    I haven’t seen any discussion on the threads here about competitors but donneed to do more reading here and elsewhere.
    The company continues to roll out good contracts to growth sectors ie mining, aged care and tourism .


    By way of contribution:
    After the recent announcement I looked up the hotels the new reseller services in Vietnam.
    The two luxury ones are very highly rated which fits in well with Swift being a premium supplier .
    Salinda here :
    https://www.google.com.au/search?q=salinda resort phu quoc&ie=UTF-8&oe=UTF-8&hl=en-au&client=safari#trex=m_t:lcl_akp,rc_f:nav,rc_ludocids:9896049572669622597,rc_q:Salinda%20Resort%20Phu%20Quoc%20Island,ru_q:Salinda%20Resort%20Phu%20Quoc%20Island
    And La Residence, Hue :
    https://www.telegraph.co.uk/travel/destinations/asia/vietnam/hue/hotels/la-residence-hotel-and-spa/
    Former French Governor’s 1930’s mansion with a grand conversion


    And for general information a snapshot in the vein of ‘end to end overview’ of progress since IPO
    https://www.businessnews.com.au/Person/Xavier-Kris
    9554DEBB-DD60-4717-967D-125B1E7BB541.jpeg

    Anyway hello to all and may the share price swiftly improve.
    Cheers
    Last edited by sabine: 12/09/18
 
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