SGH 0.00% 54.5¢ slater & gordon limited

I am back. So is SGH, page-1278

  1. 2,060 Posts.
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    They are out again the posters who have nothing.

    They downramp but fail to provide any support for their arguments.

    What is the situation as we go into today?
    • - We are currently discussing a possible D4E with our new lenders
    • - Research shows that on average hedge funds take 35% ownership
    • - Research shows that on average hedge fund involvement is for the benefit of current share holders
    • - As per announcements we will remain solvent and have just been provided with $40 million of headroom working capital so we can continue to improve our financial performance
    • - Company values get worked on based on estimated discounted future cash flows (so current share price has got nothing to do with proper company valuation)
    • - We are in the process of putting forward a lawsuit against Watchstone for more than $1 billion
    • - We have a positive independent barrister’s opinion on escrow worth 50 million pound
    • - We are hiring NIHL staff in the UK (what does that say about our NIHL portfolio which is not even in our financials?)
    • - Much much more.
    Why do poster want to talk down our SGH shares?

    They want them for next to nothing.

    They won’t be getting mine J

    All in my opinion.
 
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