Can we just stop with all the doom and gloom, 2 months ago it was loading up the trucks, when the share price was pretty much as it is today.
so what has changed, if you was after a quick profit, well your out of luck... the wait may be a bit longer.
I am a gambler, not clever enough to call myself an investor/trader, but my bet was in 12/18 months too double my money, low ball estimate, but that suits me fine, any more thats just cream on top.
This is a billion dollar company, ok the debt is high but take a look at some of the big names in the asx they all live with high debt levels.
hope the link below works to wall street journal
http://quotes.wsj.com/AU/XASX/SGH/financials
the gearing for slaters compared to some other company's is not that bad and if you look at there share price..... well they are not penny stocks.
it wrong to up ramp, but for me the odds are that good i will be buying at this level
so as Krispy the clown would say cheer up the future is bright.
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Today SP, page-305
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