SGH 0.00% 54.5¢ slater & gordon limited

Respect

  1. 129 Posts.
    Hey All

    I just want to say I respect all poster ok here being crazy, downramp and upramp.

    I have had a few private pm to ask me why did I invest in this stock.

    To be transparent I have invested 270,000 at 38.1 cents.

    .. here is my logic.

    Management are lemons. ~ let just agree upon this

    If a bunch of lemons can make this company a profit imagine what
    A great management group can do. Therefore I feel management is a problem
    For this stock unless they can prove themselves in the agm announcement on the 4th October and meeting on the 4th November.

    Director buying is a great sign.

    The CA is going to be a non event and design to hurt the company reputation but this has already been done.
    The law suit to watch stone will be one to watch as this will prove if the director are accountable therefore the CA will be non event and also proving they where mis lead. Unfortunately I can not help that the director where silly and bought a lemon . So confidence on them are lost.

    I would like to discuss here do people feel the director are good or be given a second change and why.

    No answer is no. You dont loose a billion dollars unless you are that silly or just a total lemon.
 
watchlist Created with Sketch. Add SGH (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.