Morgans Rec, page-32

hi Cato,

I have lot of regards for your knowledge BUT this time your opinion may not be right.

Reason for fall of share price from $7 to 0.7 is not bad news ... but I think the problem is NO news or poor delivery of the information. Till date we have not received anything substantial that could encourage the short term / medium term buyers to stay little longer. Shorter have used this opportunity to sensationalise the information and used scare tactics to take the hit.

INFORMATION SO FAR RECEIVED

1) PSD take over : SGH will be one of the best and biggest in UK market
2) Quindell Accounts under investigation: Mr. Grech confirmed that its not affecting SGH
3) ASIC Review on SGH account : ASIC review still ongoing with high possibility of +ve news
4) AGM : Mr Grech confirmed that we are on track and We will deliver as plain.
5) POSSIBLE change in PI laws in UK: Its still away in 2017 ONLY if got passed. Still has to go though may stages before it comes in action.
6) Reassurance of Target: Mr. Grech confirmed again we will meet target
7) Change of Director Interest : Director buys shares when the SP was over $1

SHOW ME BAD NEWS MATE... I just see information with possible small impact or no impact in this financial year.

Anyway I am sure that Mr. Grech is not going to wait till last day to make sure targets are met. He would have the figures met well before the date. However If there will be slightest possibility of anything wrong then he is aware of the laws very well and he will have to advise us immediately.

Now about missing a point of Offer x Demand.  its a way to see it like a stock BUT if you see like a business then its Demand x Supply. So according to that we have enough demand for legal services onshore / offshore and SGH has enough resources to meet that requirement.


Please accept my sincerely apology in case I have offended anyone, my intent is to protect my reasoning to stay and make a well informed decision. I would appreciate if people continue to hold the opinion they truly have for this business rather changing it with share price everyday.

I am NOT going blind on SGH but Give me a reason why I should sell my parcel as I have none so far

DYOR
TYOR