SGH 0.00% 54.5¢ slater & gordon limited

AGM soon, page-208

  1. 720 Posts.
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    Thanks Maz, brilliant!

    So lawyer's weekly expects
    1.5% of $23 B ie $345 earnings to go to S&G in Australia in the current financial year

    and 1.5% of $3.3 B profits to go to S & G ie $49.5 M ie with 352.4 M shares, that's 14c profits per share in Australia alone.

    And that is enough for the share price to go conservatively to $1.50 to $2 (comparing with low point at 2011/2012).

    And never begin a sentence with "And" unless you are very excited.

    If the UK contributes an equal amount, I would expect SP to go to $3 to $4 based on these numbers.

    Do these numbers seem right? If so and it gets out SGH will be too expensive to accumulate soon. Need confirmation at AGM &/or Feb.
 
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