Australia's largest stock trading and investment forum Australia's #1 stock forum

SGH

0.00%

54.5¢ slater & gordon limited

Maybe a timely warning, page-4

First 4 Last

Share
Profile

Follow
croasian

2,251 Posts.

54

04/08/17

06:11

Post #: 26282139
Share

Originally posted by denbo ↑

Hi Jim

End of the day none of us would have gone near SGH if it hadn't been for the hype - seemingly backed up by the SP going to $8.

And, my opinion is that the BOD genuinely believed they was getting into something worthwhile, (even if it was out of desperation), more than conning SH.

I think it was them who got got royally rogered.

They was little more than the country cuzzins from down-under with far too much money and far too big egos that made them easy pickins for the artists who out-classed them. And still are.

And who larfed all the way to their respective banks. with the bags of Aussi bullion.

Anyway ... I waffle.

Right now, my entire strategy with SGH, (such as it is), depends on my notion that there's a good chance of some encouraging financials end of the month.

But, In the absence of, as usual, any information from SGH I've no reason to think they will be good - any more than I think they won't be good.

But - I reckon if you're going to do stocks it pays to be a glass-half-full type of person, else you'll have nothing to look forwards to.

And I reckon the new owners must have seen something in the SGH schmozzle to encourage them to get involved. They're not the sort of people to be messed with.

And, if nothing else, they provide a level of stability we haven't seen last few years - even before it went FUBAR.

I'm just hoping this might translate into good news for SH and, mostly, the current SP.

Frankly, I'm of the opinion that since the BOD realised what had happened it's actually done a good job of damage control - after all, it's still in business.

And AG alone has still got 7 million shares or so I'm sure he'd rather didn't go down the toilet.

So ... just a few more weeks, and we'll know.

Expand

The glass is not half full it's 4% full, it pays in investing to be cynical not trusting.
No one has defamed anyone, defamation has a chilling effect on free speech. Quindell was allegedly fraudulent, we don't need to prove it - the shorter who said it was worth nothing was right and got sued for it anyway.
Defamation is rich people suing poor people for telling the truth, if someone says a lie about me I don't care because it's not true.
If someone says the truth about a board member then you may get the odd libel threat as I do.
While stale bulls like yourself ramped this piece of dogshit all the way down from $8.
Dude I am sorry for your losses; did what I could to prevent them while you called me a twit for doing so.
Build an ffing bridge and get over it already. It's game over for this stock, hold if you like.
Meanwhile the world moves on, if you didn't learn your lessons from this you probably should not be investing.
There are way more fun ways to lose money than this

SGH Price at posting: 8.4¢ Sentiment: None Disclosure: Not Held
10 Upvote

0 Great analysis

Reply

Top Stories

AI stocks: What to expect in 2024-25

IMR

Imricor raises $35M to pursue growth and expansion into Australia and NZ

MCT

Metalicity looking for offers on Admiral Bay zinc project

Talking Australia's very competitive property landscape: Realty Talks

GNX

NSW approves J-POWER's $380M buyout of Genex Power, giving it ownership of QLD net zero project