SGH
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0.00% 54.5¢ slater & gordon limited

Ann: Market update, page-66

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  1. Cra1ga
    17 Posts.
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    28/01/16
    09:57
    Post #: 16882441
    I would have liked to see some reassurance on the progress of SGS; with it moving towards being cashflow positive.
    However, considering there is now a new CFO, new auditors (E&Y), a banking syndicate review (Mcgrathnicol), there will be alot of conflicting views on how to classify and report financials. Due to this, I am not surprised that by Jan28th there is not a concensus on cashflow. By Feb29th, all financials will have been have been through the ringer, and I am hoping will provide a true reflection of the financial position of SGH & SGS. Not announcing these today has not materially changed anything.
    SGH Price at posting: 73.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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