SGH 0.00% 54.5¢ slater & gordon limited

Killing me softly

  1. 1,701 Posts.
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    SGH again disappoint with an announcement telling the market they are incompetent and cant work out their cash flow forecast.

    The investors relations dept at SGH leaves me seriously speechless. NO words can describe their poor performance in my humble opinion.

    With the information vacuum you would have to be an absolute fool to enter the stock at the moment.

    I'm holding for all the wrong reasons. Im holding so I dont crystallise a record breaking loss for my portfolio.

    I believed the story, I believed the value and my belied have been crushed by mixed messages, poor guidance and the terrifying thought this business is not being run by competent managers.

    Good luck everyone and be careful - sometimes stocks are cheap for a reason.
 
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Currently unlisted public company.

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