SGH 0.00% 54.5¢ slater & gordon limited

Interesting or sloppy?, page-63

  1. 3,827 Posts.
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    No hatred here. I try be fair and accurate and have been.

    I don't like listed law firm model. Don't like businesses based on too high level fraudulent claims (Quindell). Don't like untrustworthy management: self evident in poor guidance / bad news delivered late. Don't like eyeballs debt. But this not liking doesn't run into hatred.

    SGH has been a "get rich quick scheme" for mug punters since below $6, buying because well known brand and (false) premise "lawyers make money". Haven't seen a sound bull case posted, but if you've got one, please share.

    Results been predictable, so far. A lot of uncertainty remains - could easily run up 10-20 pips in trading bounce on way to keep tracking to likely zero.
 
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Currently unlisted public company.

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