SGH 0.00% 54.5¢ slater & gordon limited

Centres of excellence - restructure, page-20

  1. 4,679 Posts.
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    Yes Londoner, restructure costs is another reason why we shouldn't expect too much from the underlying FY16 result. It's all about how convincing management are in commentary about FY17 plus signs of improving cash flow turnaround (minus one-offs) from second half 16.

    The actual result is now irrelevant in my opinion. How the market reacts is anyone's guess. A real gamble for the short term trader. Those that can afford to sit tight will be fine in the long run.

    I hope the market gives it a thumbs up at end of August; for me, not for a quick profit more do to with giving long term sufferers a reason for cheer and hope that they can/will recover in time.

    I suspect most holders don't mind waiting for a couple of years recovery, all they really want it is a high probability that it will recover and some baby steps to provide evidence of that.

    I think little toddlers are coming.
 
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