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HAC30

5,633 Posts.

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20/01/17

10:05

Post #: 22021118
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Originally posted by Successwillcome ↑

Says someone who was 'going to short at $0.21

The future is bright for SGH and I am looking forwards to the 2017 H1 results.

What do I get for $0.255?

- part in a $900mil+ revenue international leading law firm
- a company that is 'on budget' according to management
- a company that has main banking syndicate support as per latest announcement
- a company that has passed the 'greatest risk' phase of a major restructuring and business improvement program which has been paid for mainly out of own generated cash flows
- the restructuring and business improvement program when complete may create a material competitive advantage in relation to competitors
- a company that is hiring permanent NIHL post settlement staff in the UK (this portfolio alone could be worth $100mil to $200mil)
- a company which in the UK have 98% of clients recommending us
- a positive Barrister's opinion in relation to escrow money worth 50mill British Pounds
- part in a massive UK CA against VW (could create unlimited goodwill with future clients).

Then the unknown in relation to our major UK purchase from Watchstone. Are we going to sue Watchstone and/or our external due diligence high profile advising specialists (if going ahead on this and if successful then it could be worth multiple $100mills)?

Then on the flip side we have a large debt covered by term loans (which we may address if some of the above points goes in our favour) and the MB CA (which we are defending robustly).

Any speculation about any dilution is just that. Speculation.

Why put the cart in front of the horse?

For me I will wait for the 2017 H1 results and then the 2017 H2 results.

Patience is the key J

All the above in my opinion.

Each investor will do his/her own research and invest in accordance with own needs, circumstances and risk profile

Expand

'What do I get for 33c'

'What do I get for 30c'

'What Do I get for 28c'

'What do I get for 26c'

'What do I get for 25.5c'

In a week:

'What do I get for ____c?'

SGH Price at posting: 25.5¢ Sentiment: Sell Disclosure: Not Held
1 Upvote

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SGH Chart, page-190

Top Stories

Enova Mining unveils "high-grade" REE drill hits at Coda North, Brazil

Metals Australia kicking off plant study at Lac Carheil; Canadian tariff tailwind potential

Antipa divests its Citadel interest to JV partner Rio for A$17M, refocuses on Minyari Dome

Week 37 Wrap: HotCopper likes Cuban oil; markets shrug debate off for Putin; firebrand quant says social media a market threat

Vulcan appoints investment bank and M&A veteran to board

Mako sniffs gold at 170 g/t at Cote d’Ivoire's Napié play

Medallion Metals kicking off 15,000m drill run at Ravensthorpe gold play

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Olam Agri raises Namoi takeover offer to 75 cents a share and receives shareholder backing

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