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19/01/17
12:38
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Originally posted by Krispytech
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UR thinking and my thinking looks to be nearly the same.
"In my opinion banks would convert a portion of their loan into some sort of hybrid style arrangement which would provide them with additional dividends on top of interest and repayments. This would theoretically reduce the "debt"."
Looks like another kicking of can down the road.
Some convertible warrants or debs in 3 yrs time. May B a lot like last time. but a bit higher number of debs or warrants.
Add to this CF positive 1 H and near normal finncl yr 2017-18 and NIHL bringing bacon hom,e, ESCROW DELIVERING.
ASIC OFF THE back in few months.
where is SGH stock price heading.
Amazing times.
waiting mode.
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The future continues to look bright for Slater and Gordon UK and this may be helped further by Brexit and Trump.
Did I mention we are the largest team of Family Lawyers in the UK? (economies of scale and almost complete restructuring/business improvement plan comes to mind).
It would be a fair assumption that we now have material competitive advantage. Our competitors better watch out.
Good read here.
http://www.slatergordon.co.uk/media-centre/blog/2016/12/the-impact-of-brexit-on-divorce-and-financial-settlements/
And then we have NIHL.
One very happy customer here:
https://uk.trustpilot.com/reviews/587fb5838a103107fc269d53
How many more are there? We will soon find out.
Based on the above alone there is no way I would ever sell my quality SGH share for next to nothing.
Time is my friend and the 2017 H1 results will be released soon J
DYOR