The idea was that SGH share of earnings and profit of the Australian legal industry was going to be 1.5% of the total for this current financial year. And nothing much has changed since the article was written.
That meant
$345 Million earnings in Oz (1.5% of $23 Billion),
$49.5 M profit in Oz ie 14c per share (1.5% of $3.3 Billion).
Plus anything up to the same amount or more in the UK.
Does anybody have an opinion about this other than a glib remark about when the article was written?
SGH Price at posting:
30.5¢ Sentiment: Buy Disclosure: Held