I was wrong about SGH –Didn’t see the allegations of ‘cooked books’ coming
No one did – Accounting Practices exist with rules in place and I had faith this company being a law Firm would be more than diligent in Corporation Accounting Activity
I took a significant loss because my hand was forced
Good Luck Holders – I should have listened to the noise and maybe could have bought at this heavily discounted rate
The brave remain here I certainly hope the ASIC investigation rules in favour for SGH and I may buy back in, I did calculate significant Increases in EPS FY2016/2017 with Quindell and remaining acquisitions for the long term
I feel this could be a storm in a teacup but my hand was forced
Be back soon once the storm passes
SGH Price at posting:
$3.56 Sentiment: None Disclosure: Not Held
