SGH 0.00% 54.5¢ slater & gordon limited

debt covenants, page-48

  1. 1,426 Posts.
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    Big call Jake. At 80 cents Sgh doesn't have to grow profits for punters to be rewarded. I see pi law as something of a mature business in Australia and the UK. In fact Sgh ceo in an earlier presentation indicated he expects rta insurance claims to trend down before stabilising in the UK. I suppose I can see merit in the Sgh commoditised legal model over the more traditional partner legal firm model. Certainly seems a driver in Pi .
    I think general law will be the big future driver of Sgh. Brand awareness must be driving people to Sgh. Sure Bhp won't be using Sgh any time soon but I think there is huge potential for Sgh to build compentences across more areas.
 
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