Australia's largest stock trading and investment forum Australia's #1 stock forum

SGH

Click for more information

0.00%

54.5¢ slater & gordon limited

Buyers now 7.1M+ with sellers at 2.2M. Something is going on....

First 41 Last

Share
Profile

Follow
yensog

515 Posts.

09/01/17

13:29

Post #: 21765788
Share

Originally posted by Dr.Who ↑

lakota, it may be all of those things. Consider this though, the further down the track we go, the closer we get to make or break - like it or not things do leak out it is impossible to keep any company watertight - just something as simple as overhearing executives chat at a restaurant, for example. There has to be a point were the masses realise that underneath we have a sound company going through growing pains and it is about to bring a basket of fruit.

This cannot go on forever in limbo and 1HFY17 does have a feel about it that suggests one way or the other. All the ingredients are there to suggests it is about to press the reset button and we could then have a change of momentum similar to the chart from 2012 to 2015!

Non of that removes the debt burden and it needs to get gearing down to 40% sharpish. However, there is plenty of fruit in the balance sheet and off-balance sheet that can help it on its way plus maybe a minor raising to complete the job. Then all risk is off and away we go!

Rather not think too much about a proverbial fish's bum!

Expand

Buyers now 7.1M+ with sellers at 2.2M. Something is going on. Maybe its the local Pub chatter by S&G staff rather than a restaurant

SGH Price at posting: 27.0¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

TM1

Shares up 196% on Terra's news of major reef discovery at Dante

BRX

Belararox delineates another porphyry in Argentina at Tambo South

ASX Market Update: Shares fall flat as GYG soars on debut | 20 June, 2024

GYG

Guzman Y Gomez shot up nearly 40% in first hour of trades. Can it last?

Your questions From the Floor: Investment experts respond...

There are more pages in this discussion • 60 more messages in this thread...

First 41 Last

Add SGH (ASX) to my watchlist

SPONSORED BY