SGH 0.00% 54.5¢ slater & gordon limited

SGH is a mess - what a disappointment, page-283

  1. 2,144 Posts.
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    The problem is - at the last AGM no question was answered.

    You might as well have been interviewing a politician.

    That's why people there realised fairly quickly there was no point in bothering.

    All AG wanted to do was scribble on a notepad and not look up unless he was directly addressed and all JS wanted to do was look vaguely off into the distance as he was thinking up his non-responses.

    The sort of message that was coming our was 'yeah - we screwed up but we've stopped the bleeding and we're on target for a slow recovery - just give us a bit of time'.

    And I think the message that the bleeding had stopped and that everything was 'finely tuned' was what people wanted to hear.

    What our issue is now is, was that the truth or BS. (Pity few people have much confidence in getting the truth from people who hold themselves up to be such pillars of virtue).

    BTW - I think raving about the past at an AGM and getting carried of makes you sort of come across as a nutter and destroys your credibility. And if you think about it, raving about your displeasure about the past doesn't really amount to much other than entertainment.

    The past is the past.

    (There was a couple of people at the last AGM having a go, but it did them no good other than to grab the spotlight for a few minutes).

    I'm more concerned about the future.

    I was under the impression there is going to be one.

    I'm still not convinced yet there isn't.

    And nothing that's come from SGH so far, which it's obliged to report whether it wants to or not, say's any different.

    Yet?


    Have fun
 
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