SGH 0.00% 54.5¢ slater & gordon limited

Disaster? Factored in already?

  1. 1,664 Posts.
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    Cashflows much worse than forecast.

    Huge write-offs on recent acquisition show Mgt dont have a clue when valuing acquisitions.

    Debt covenants still a secret but we know they are maintaining them at 31 Dec.

    UK business was a bad acquisition.

    No guidance.

    Negative intangible assets.

    No dividend.

    Management have lost all credibility now!

    This stock is going nowhere fast now.
 
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Currently unlisted public company.

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