Motley Fool article on SGH, page-29

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lakota6

8,837 Posts.

1048

30/04/16

11:31

Post #: 17640799
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Originally posted by ozblue ↑

I find the whole arguments put forward here as very interesting and I do have an interest as a client of S&G.

For those that have been going through all the numbers showing how profitable SGH will be, don't you think the instos own financial analysts have been through the same exercise before they decided to dump the shares? Do you all think that instos and funds are so stupid to sell something down to 29c from $8 if there was nothing wrong?
Realistically, why has the company not come out with any soothing statements to calm the market if nothing was wrong?

It is the market participants that have overall decided there is danger in holding SGH and decided to sell, so all the talk of cutbacks gets me, as a client worried.

Should I be looking for a new solicitor to act for me? The other aspect I am thinking of is how many other clients are thinking the same? My case is or should be an open and shut good little earner for SGH, but not if I change because they have cut back on services.
If I'm thinking of this then I can guarantee a lot of other clients are as well, hence why all the good numbers put up might not come to pass and why the instos bailed!!

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But what is the reality, forget what is written , the same instos said it was a buy at $6, $7 , and $8 .
Go on the service you are receiving as a client , if you are happy with that , what else matters.

SGH Price at posting: 29.5¢ Sentiment: None Disclosure: Held
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