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SIL smiles inclusive limited

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insto overhang gone today green lights now

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cantona

2,337 Posts.

88

25/01/19

15:17

Post #: 37226577
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Originally posted by Dipbuying: ↑

I agree. I don't have confidence in the companies due diligence process, nor the purchase process.

I think the effect of the buy-up was to group together the worst performing practices (or practices that were 'on-paper' performing well but otherwise had issues and couldn't be sold otherwise) in a style that naturally inflated the price of the businesses that didn't reflect true value.

I think its probably trading now at fair value and it will take some considerable work from the management team to turn the group around and add-value.

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insto overhang gone today
green lights now

SIL Price at posting: 28.0¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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