SGH 0.00% 54.5¢ slater & gordon limited

As conservative assumption, you can say the company is fighting...

  1. 553 Posts.
    As conservative assumption, you can say the company is fighting for survival.

    But bare in mind sgs as mentioned is inline with expectation. I remembered i was corrected in earlier post by mention that sgs is expected to be dragging cost. But yet, imho,nihl still can be below expectation even is dragging cost, why not sgs?.sgs contributed $37.1m revenue for 1 month in previous financial year. Although it is expected that sgs will be knee jerk for 1h. If the revenue is below expectation or the cost dragging is more than anticipated, that is still called below expectation. If that is the case, why that in the annoucement, it was clearly stated the guidance might not be achieved due to nihl and sgh uk.
    The market main concern now is whether sgs performance is worth its associated debt. Other than the market speculation and analysis pessimistic, i stil didnt hear a single word from management that the whole sgs is collapsing. Can anyone correct me regarding the sgs performance based on fact to support that sgs is below expectation?

    At current share price,Sgs with the price tag of $1.3b as long as it can perform more than half the purchase price, sgh will be easily pay down their loan and the share price will worth a lot higher than current price.
 
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Currently unlisted public company.

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