SGH 0.00% 54.5¢ slater & gordon limited

Loading up the truck, page-27

  1. 1,296 Posts.
    Read the attached message carefully few times and read the last night announcement also v v carefully.
    This is an exercise to restore the faith of the markets and also to restore SGH as a company to full health.
    As i wrote yesterday, for a company like SGH, if there were no issues and cmpany was operating normally with revenues of 1 billion and margins 25%,
    market cap will be 7 billion dollars making SGH stock price 20 dollars.
    Not getting there today or tomorrow. But getting there if and when the company is steered out of the storms .
    Restoration of health of the company which was damaged due to cash burn out has started from Dec 2015 and restoration of market faith has also started with that.
    Digging in and adding more today.
 
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Currently unlisted public company.

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