SGH 0.00% 54.5¢ slater & gordon limited

Can SGH be saved

  1. 1,296 Posts.
    My last post for the day.
    Yes. It can be saved.
    It is still a 1 billion dollar revenue company.
    It can deliver margins of 25-30%.
    Debt issue and regulatory risk in UK are the main issues.
    I find the current management pretty dull and lacks vision and creativity.
    The whole BOD should go considering what happened to UK buy out. They wont.
    They may B good lawyers but they dont seem to be gr8 business people.
    Many times when u see failure hitting u in the face, it can bring out the best in U.
    Let us hope they make, wise, bold financial business decisions soon v v soon to salvage the ship.
    CR, well no one is going to give them another dollar till they prove they R worthy of it.
    All these goodwill write downs are good when they make good profit like 200-300 million on revenue of 1 billion and not a loss.
 
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Currently unlisted public company.

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