When you think of "investing" in SLR just remember this song...

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loki01

11,122 Posts.

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23/01/18

12:10

Post #: 30495967
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Originally posted by MIStragic ↑

As expected, SLR confirmed guidance, and the report is "solid" but not "spectacular" which it appears to be necessary to resuscitate the SP. SLR employes no doubt must feel their medium-term employment prospects are solid but shareholders must feel somewhat underwhelmed.
With the prospect of a dividend less likely than an Amazon dividend and the lack of any other SP price boost like a big POG rise, let alone an enthusiastic skillful PR campaign by an entrenched smug BOD, one wonders whether we'll see a repeat share sell-off like occurred after the last quarterly result.
I got a bit over enthused and bought a big parcel at 41c, and topped up further at 34c, but can't bring myself to buy anymore and if I did, she who must be obeyed would not be happy.
SLR remains a daytrader stock, and the only SLR shareholders who will ever make a profit from SLR are those that buy @ 34c and sell @ 42c .... as the big end of town still prefers investment grade stock like NST and is prepared to buy&hold even at lofty PE's.
The appointment of Len at this point appears to be nothing more than a PR stunt designed to give the appearance of progress and to further obviate the need of Cool Hand to doing any PR .... knock knock .... is there anyone home ??
Cool Hand has now been at the controls for more than 3 years. Surely if the BOD doesn't deliver this FY then they should be turfed out .... but will that happen .... pigs will fly.

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When you think of "investing" in SLR just remember this song

We awaits the better times to come, which hopefully occurs before the end of time.

loki (SLR will rip when the AUD POG hits 2,000, or thereabouts,.)

SLR Price at posting: 38.5¢ Sentiment: None Disclosure: Held
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When you think of "investing" in SLR just remember this song...

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