Australia's largest stock trading and investment forum Australia's #1 stock forum

SGH

Click for more information

0.00%

54.5¢ slater & gordon limited

Big Crossing, page-123

First 123 Last

Share
Profile

Follow
Wombat2

2,390 Posts.

2867

30/10/15

16:31

Post #: 16295173
Share

Originally posted by Biggsy 07 ↑

Hey thanks Mighty, I wonder what Warren Buffet would say about all that? I'm tipping while everyone else is sitting around waiting for confirmation, he'd be making a play for a large chunk of the company and with SGH buying the entire lot if he saw fit. Is this a Buffet type company or not? Does it have a monopoly business that generates steady cash flow? In regards to an ASIC review I'm tipping Buffet would be tirelessly casting his eyes over the company's reports and coming up with his own conclusions well before ASIC came up with their's. Pretty much what you seem to do Mighty. Buffet would most likely work a lot quicker than these clowns at ASIC because the market waits for no-one. Maybe we still only have buying opportunities today and time to think today because ASIC hasn't made up it's mind yet and can't decide what to do. Regardless of ASIC the business continues it's day to day functions and can only control what it can control and that is generating steady profits for its shareholders. They can do no more than that and after all the dust settles the only thing that will change sentiment about the value of the company is profits.

Expand

And a cash flow that is much closer to the profit figure!

SGH Price at posting: $2.77 Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

ARD

Argent begins search for VMS mineralisation at Kempfield Cu-Pb-Zn-Au-Ag play in NSW

SVL

Court of Appeal upholds environmental group's challenge to Silver Mines Ltd's Bowden project

WNX

Wellnex sees first special access scheme prescriptions for new Wellness Life brand

IMD

IMDEX to receive $10M in out-of-court settlement with Boart Longyear over downhole tool patent

Bitcoin: Current State of Play & Where to Next | Swyftx

EQR

EQ Resources transitions historic Mt Carbine tungsten mine to owner-operator system

VTM

Victory Metals dips -8% even as company set to grow heavy REE resource at North Stanmore

Emerald & Azure score Digger & Dealer awards

M2R

EIS co-funded campaign sees Miramar kick off maiden drilling at Bangemall, Gascoyne WA

Week 33 Wrap: US recession fears forgotten; RBNZ’s surprise rate cut; more iron ore trouble

There are more pages in this discussion • 3 more messages in this thread...

First 123 Last

Add SGH (ASX) to my watchlist