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54.5¢ slater & gordon limited

I don't expect big things anymore but all hope not gone yet.We...

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Successwillcome

2,060 Posts.

312

15/08/22

20:16

Post #: 63127642
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Originally posted by ballybay: ↑

I remember the days post UK Quindell acquisition when it turned toxic.
They were very very very scary times with most commentary about SGH going bankrupt, wiping out all shareholders.
Most bailed on those fears, crystallising crippling losses, many being mum and dad shareholders and some hotcopper fans.
Here we are 7yrs later, still trading a strong and profitable brand and discussing a timeline for the resumption of dividends.

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I don't expect big things anymore but all hope not gone yet.

We need some really healthy cashflow figures this time.

I don't think this scenario played out as owners originally wanted it. From memory they did not usually take this long to turn things around and then sell.

Organic growth would be nice but I also realise the competition is fairly deep.

SGH Price at posting: 68.0¢ Sentiment: Hold Disclosure: Held
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