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SGH

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54.5¢ slater & gordon limited

Denbo, My sentiments exactly. We will get there.

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yensog

515 Posts.

09/12/16

12:56

Post #: 21227336
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Originally posted by denbo ↑

Let's forget about TA right now and get back to basics.

I saw a great post from someone a while ago about where SGH is as a business which kind of mirrored my opinion.

Basically, SGH expects all real growth to come from UK operations.

I think so too - I reckon Aus. has reached saturation.

OK - nothing wrong with that - Aus. is good steady business without the support of which would have seen the demise of SGH.

Looking at SHJ - it's doing nothing. Not that SGH and SHJ have anything in common.

UK is unknown business to SGH. They thought NIHL was going to be a gold-mine and got that wrong. Maybe it will be one day - hope so.

But SGH casting it's gaze to where it can make dosh - and BOD has a level of motivation to make it work.

And when they find it - and they will - who knows what UK market will produce.

If SGH can do good business with 24 mill people market - what can they do with one 3x the size?

The truth is, like most SH I was expecting that transition to be a lot faster than what it turns out to be - and I certainly wasn't expecting the SP to keep on going to here on the way.

If it made any sense, I'd sell out and come back when SGH gets moving.

But the loss, both actual and emotional would be too much - so here I am.

A'waiting that day when it all come good.

And we all can have fun again

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Denbo,

My sentiments exactly. We will get there.

SGH Price at posting: 28.0¢ Sentiment: Buy Disclosure: Held
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