SGH 0.00% 54.5¢ slater & gordon limited

Ann: Suspension from Official Quotation, page-278

  1. 2,468 Posts.
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    From my experience with BDR (i know that its nothing like SGH) but the scenario is very very similar, the CEO reconfirmed guidance twice then 2 weeks after the last reconfirmation he withdraws guidance.. We were all worried that guidance would be cut by 50%... he ended up lowering it by 15-30% i was extremely pissed off as the sharepriced continued to drop...

    A year later when the financials came out they ended up missing it by 25%. I think something like this will happen to SGH, meaning EBIT will be 140-150mil..

    Im usually really good with guess work, so feel free to quote me on monday.
 
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