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54.5¢ slater & gordon limited

AGM soon, page-209

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Dr.Who

4,679 Posts.

145

13/09/16

12:41

Post #: 19119284
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Originally posted by Braintot ↑

Thanks Maz, brilliant!

So lawyer's weekly expects
1.5% of $23 B ie $345 earnings to go to S&G in Australia in the current financial year

and 1.5% of $3.3 B profits to go to S & G ie $49.5 M ie with 352.4 M shares, that's 14c profits per share in Australia alone.

And that is enough for the share price to go conservatively to $1.50 to $2 (comparing with low point at 2011/2012).

And never begin a sentence with "And" unless you are very excited.

If the UK contributes an equal amount, I would expect SP to go to $3 to $4 based on these numbers.

Do these numbers seem right? If so and it gets out SGH will be too expensive to accumulate soon. Need confirmation at AGM &/or Feb.

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Braintrot, rather exciting to see it spelled out as you have.

For those thinking of the next bit of news and possibly waiting until the AGM. Don't rule out an update in the commentary section of the member's report due out in the first week of October. There is a possibility something in that report might ignite the rocket.

SGH Price at posting: 41.5¢ Sentiment: Buy Disclosure: Held
8 Upvote

0 Great analysis

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