I can understand non holders telling everyone here to sell, happens a lot. I guess my suggestion to those people, is that whilst I understand there may or may not be bad news ahead... I believe the SP fall now over 50% does factor in a large portion of failure already. Let us not forget S&G do have a very profitable Australian business, and at this SP and P/E, assuming that the Aus business isn't doing anything unknowingly bad, makes the current SP rather good value to my mind. I hold a small parcel of S&G.
I can understand the logic S&G are trying to portray in their messages, but it isn't the right words IMO. They are basically trying to say we own the businesses under PLC and they are now operating how we tell them to,... so past is the past.
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I can understand non holders telling everyone here to sell,...
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