SGH 0.00% 54.5¢ slater & gordon limited

Sold my 184k shares on Friday at average of 2.95 for a 6% loss...

  1. 62 Posts.
    lightbulb Created with Sketch. 4
    Sold my 184k shares on Friday at average of 2.95 for a 6% loss after counting the dividend.

    Like the long term prospects however with SGS losing roughly 5mil in that short period to end of FY15, can't see management turning it around so quickly as to reach the current fy16 forecasts.

    Suspect there will be a substantial profit downgrade at some stage before end FY16, perhaps even at the investor day/briefing shortly.

    Again, like the long term story but think there will be opportunities to get in much cheaper.

    Good luck to all!
 
watchlist Created with Sketch. Add SGH (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.