Class action against SGH ( thread not for SGH bulls), page-8

  1. 181 Posts.
    Mr AG fault ) blame him not him .... Nobody asks him to have a Pinocchio style management.... I would have sell way before if the guidance was honest, I quote ( sort of) " humm there is a turnaround in cash flow in December, I feel it , half year cash flow minus 30/40 "
    Results, minus 80 millions ohhh yeah ! Still wondering why this CEO is still in place, he s unfit for the job, just look where the SP is, managing a business, it s not just about buying anything you can to grow artificially revenues... Just look, how the margins went in 5 years, down and down , Quindell had nothing in common with Slater and Gordon core business,

    I was stupid, I didn t do my homework, didn t take more informations, I was naive, and I took agood lesson.

    Anyway, his explanations to justify his bad guidance and tackles the class action are just ridiculous, not even convincing for a lawyer ... Go read the asx announcements to have a laugh.
    Anyway if there is a class action, it's because of something ...
    There's no smoke without fire .... You live in australia, I assume, you must be used to bushfires.P
    Last edited by kores07: 18/03/16
 
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