SGH 0.00% 54.5¢ slater & gordon limited

Medical law expert leaves Slaters for rival, page-173

  1. 5,633 Posts.
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    1. Correct.

    2. Also correct, problem being when looking at normalised cashflow that hasn't been very strong either.

    3. Possibly, yeah. NIHL has been probably coming through for a while now though...

    4. Don't have the full story but it's very naive to think it isn't a bad thing. They had access to greater reporting and chose to take a big haircut.

    5. Agree, but doesn't look good.

    6. Yes, 10-17% net margins will make for good profits. Saying that doesn't make it achievable. If it was that easy, it would have been done long ago.

    7. IF there are said profits. What if there isn't?

    8. Redde turned around via debt for equity recap and the chart looks better than it is due to a 10-1 share consolidation.

    P/E ratio is irrelevant until we know if there are any earning. Signs so far don't look to be good, hence the current price. If the turnaround was so simple, this wouldn't have a market cap of less than 100m.
 
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