SW1 0.00% 1.0¢ swift networks group limited

Probably has the highest potential of any of the Thai Jeddha's...

  1. 1,863 Posts.
    Probably has the highest potential of any of the Thai Jeddha's tips so far.

    A lot of if's and maybe's at this point. Can they expand their services in the way they plan. Reported to have nearly 30% of market share of the resources sector is not a bad start.

    Need a much bigger expansion into the hotel accommodation space, aged care and hospitals. Can they do it. This is the big question.

    Some directors have significant skin in the game at this point in time. A demonstration of confidence if nothing else.

    Revenue of about 14 million with a bottom line operating loss of 5 million considering all the circumstances is not too bad.

    Only 80.8 million shares with 38 million escrowed is very attractive. The Top 10 shareholders holding about 54% of issued shares. If this thing goes it could go in a big way.

    Markets are weak at the moment. I'd be looking for a pullback leading up to the anniversary of the crash in 1987. Then jump on board for a punt on a nice looking speccie.
 
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