More Momey Than Brains, page-6

C'mon dude, there's plenty of poor spellers on both sides of the argument here. The OP could be NESB, no need to p1ss on him

In regards to the substantive points raised by OP, the co seems to me like an incoherent coalescence of bolted on and shoe horned business units, glued together by greed, hope and vanity. I don't think anyone really understands how it fits together, and those on this forum that claim to know, have consistently got it more wrong than anyone

Rather, the investment thesis for many seems to boil down to (a) the company fell from a great height, therefore odds are that it will gravitate back to that lofty valuation at some future point in time (the 'reversion to mean' theory), (b) lawyers make a lot of money. SGH is a company of lawyers, therefore SGH will make a lot of money (the 'beer and smokes' opinion), and (c) I heard an SGH advertisement on the radio on the way to work this morning, so the co must be doing pretty good.