Annual Report (shareholders), page-300

There is no evidence the SGH won’t meet there goals. The share price has gone to levels no one ever expected. Once asic is given the all clear, AGM will be another catalyst, SGH will give confidence to brokers considering recommending the stock. An update on 2016 guidance. Just remember in November it’s already been 6 month of SGS operating so management and board will already have a good indication that forecast numbers will be met.
There is no down grade, this stock has been hammed by shorters with a scare campaign.

(From the AR)
SGH FY16 Priorities
In FY16 our key areas of focus will
be improving cash performance
across the Group, enhancing
operational effectiveness and
successfully delivering the Slater
Gordon Solutions (SGS) operational
and financial targets.
We believe the legislative environment
will remain relatively stable in both
Australia and the UK.
I would like to thank our clients for
trusting Slater and Gordon with their
legal matters during 2015 and our
staff for their professionalism and
tireless endeavours. And I would like
to thank you, our shareholders, for
your support.
Yours sincerely,
Andrew Grech
Group Managing Director
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