SGH 0.00% 54.5¢ slater & gordon limited

Things one may consider before buying or selling, page-331

  1. 310 Posts.
    We first need to see confirmation of survival, then turnaround.
    How quickly agter that it hits 10 dollars depends upon the degree,extent and speed of turnaround.
    If they deliver 15 cents EPS for current finncl yr x NIHL an then they deliver 1000-1260 million revenue for yr fiinncl 2016-June 2017 with 20-30% PBT profit, under that scenario we could be knocking at the door of 10 plus by the end of next year.
    That would confirm AG and BOD and all the consultants were corredt in theri call and DD and 1 H current fincl yr was a one off a bogey as 4 months of work happend during 6 mobnths in UK and NIHL siphoned away 30 million of cash in first 6 months without profit.
    Under that scenario, CA will never be filed against SGH.
    If all these possibilities fail and then reverse happens..........zero or slow death or just staying at the bottom for a long period.
    U all know what i am betting on.
    AG to come out a super hero in 18 months time.
 
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