SGH 0.00% 54.5¢ slater & gordon limited

External Funding for NIHL?, page-25

  1. 2,402 Posts.
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    The business as a whole only needs marginal improvements in order to be significantly profitable.

    $80m advertising spend in HY 1 - wtf? curb this slightly? to like $40m?
    $30m in NIHL expenses in HY1 - wtf? instead of using staff to chase this pipedream, here are some other revenue generating things they could be doing instead:
    - Relevant legal case work
    - Promoting the business at external events
    - Developing a SGH swimsuit calendar - with Grech on the front
    - Fruit picking

    That's $70m in savings for one half year - lets say $100m annualised. $100m ! Suddenly their financials look somewhat decent..
 
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