SGH 0.00% 54.5¢ slater & gordon limited

News: Slater & Gordon FY profit soars 47%, page-5

  1. 619 Posts.
    agree with you donksy, in this market bubble its going parabolic, but it doesnt look that crash hot if you look beneath the surface...poor cash flow..im not bullish on the legal and regulatory environment long term for it...its very uncertain..also the competitive nature of law

    normally it was 10 p/e for this type of business due to the legal/regulatory risks, now the market is prepared to pay a premium to the all ords..
    Last edited by nih123: 13/08/14
 
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