SGH 0.00% 54.5¢ slater & gordon limited

hot air, page-4

  1. 553 Posts.
    Yes. All the problems have occurred up to November and in end of November, they still can stand up to reaffirm the guidance. But from December, they are expecting to be on track, but they can’t confirm on the guidance by now. Doesn’t it sound a bit dodgy? What make it worst is that, is that they say the company EXPECTS UK will be making GROSS operating cash flow in December. The question arises are:
    1. Can we still take their word since they only expect it to be positive in Dec?
    2. The positive operating cashflow expected is GROSS but not NETT.
 
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