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54.5¢ slater & gordon limited

And a cash flow that is much closer to the profit figure! :-)

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Wombat2

2,383 Posts.

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30/10/15

16:31

Post #: 16295173
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Originally posted by Biggsy 07 ↑

Hey thanks Mighty, I wonder what Warren Buffet would say about all that? I'm tipping while everyone else is sitting around waiting for confirmation, he'd be making a play for a large chunk of the company and with SGH buying the entire lot if he saw fit. Is this a Buffet type company or not? Does it have a monopoly business that generates steady cash flow? In regards to an ASIC review I'm tipping Buffet would be tirelessly casting his eyes over the company's reports and coming up with his own conclusions well before ASIC came up with their's. Pretty much what you seem to do Mighty. Buffet would most likely work a lot quicker than these clowns at ASIC because the market waits for no-one. Maybe we still only have buying opportunities today and time to think today because ASIC hasn't made up it's mind yet and can't decide what to do. Regardless of ASIC the business continues it's day to day functions and can only control what it can control and that is generating steady profits for its shareholders. They can do no more than that and after all the dust settles the only thing that will change sentiment about the value of the company is profits.

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And a cash flow that is much closer to the profit figure!

SGH Price at posting: $2.77 Sentiment: Buy Disclosure: Held
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