SGH 0.00% 54.5¢ slater & gordon limited

$150K+ dumped in the closing auction today!, page-3

  1. 3,827 Posts.
    lightbulb Created with Sketch. 79
    I wouldn't worry the immediate trading - exit door is very narrow and of course regular jumpers @SGH. Trading can be random. But there is consistent medium term pattern there. Could be wrong.

    I'd more worry:
    - Quindell - is this a Terry #2 or a Grech "diamond in rough" find - some research....your view?
    - debt vs. market cap and also debt vs. clear cash flow to cover and repay it prior scheduled maturity.
    Plus:
    - E&Y handling SHJ accounts and hence likely effect on SGH's P&L and cash expectations

    If really clear view on Quindell and debt issues == good, then my view there's upside regardless of day to day trading or E&Y/SHJ onto SHG accounts impact.

    I'm a bear Quindell and debt. Levitating, stock, I'd say. But interested alternative views.
 
watchlist Created with Sketch. Add SGH (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.