SGH 0.00% 54.5¢ slater & gordon limited

Bearing Fruits- More Lemon?, page-67

  1. 3,495 Posts.
    Green!

    I definately see Mr Grech giving an inspiring and heartfelt speech to the company faithful which provides the SP an immediate sugar rush, triggering a feeble short-lived rally which peters out and backtracks after two or three days

    There's no silver bullet in Mr Grech' chamber. There's no sudden disclosure or announcement that will cause the stock to significantly rerate. Best case scenario is a long, slow, incremental slog over the years ahead. Each cent of SP growth hard fought and long in the making. The road to recovery arduous, with many twists and turns. For every two steps forward there will be one (or two or three) steps back. Our merry band will gradually dwindle in number, as the Denbos and Walking Eagle's one by one lose all hope and falter. Those that do recoup some of their losses will be aged and broken, not just by the passing of the years, but by the burden of regret.

    But I don't mean to paint an unduly rosy picture here. That is all best case. That is what will happen in a perfect world, if everything works out well. The worst case scenario is a Capital Raising. This is being discussed more and more frequently in the media recently and many analysts consider it to be a high probability. You'll say its implausible because its painful for you to contemplate. But make no mistake, those that continue to hold SGH must accept this as a risk. They will have no right whatsoever to complain when / if it happens, because the written was written (in bold upper-case font) on the wall
    Last edited by Tumbleroll: 23/09/16
 
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