I always said that this shorting attack on SGH was like the attack that Helphire (now Redde) suffered
in the U.K.
Redde got its cashflow sorted, and its shares have multi-bagged in recent years.
Same parties attacked Quindell in U.K. because cashflow can be a problem with any company that
extends this sort of credit, pending settlement. But I am 'balls deep' in SGH, and hope for a similar revival
as the cash begins to flow more rapidly into the business.
The future of personal injury compensation inevitably rests with the 'factory' firms. For sure, it will be well nigh
impossible for small firms to compete in the U.K. because of the Ministry of Justice cuts.
SGH Price at posting:
55.0¢ Sentiment: Buy Disclosure: Held
