SGH 0.00% 54.5¢ slater & gordon limited

Loading up the truck, page-3895

  1. 1,276 Posts.
    lightbulb Created with Sketch. 46
    Can i ask what level you bought in at Milesy? Have you been a LT investor and sold out to curb further losses or only a recent investor (like me) and expected the turnaround to happen faster?

    You mention SGH has gone from an exceedingly bad to just bad performer, doesn't that suggest a turnaround if not some momentum in the right direction?

    You mention one-adjustments aside, the numbers or qualitative factors are still bad. What are you specifically referring to?

    I am genuinely asking because I initiated my position in the high 30s and have accumulated up to 0.525 and can't see what all the fuss is about.

    There is a lot to digest in the various announcements and conference call as well so I'm amazed that people are reacting so quickly. My only regret is not being in a position to buy more as I am capped out in my Super Fund. I have the cash but they only allow me to hold 20% max. in each stock.
 
watchlist Created with Sketch. Add SGH (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.