Migthyatom,
I fully agreed with what you said. In general, analyst report is more than often wrong than right, else I wouldn’t need to do my due diligence and just purely based on analyst report for my trading.
So far, AG still earn my respect, he did really grow the company well, which you can see from their track record and current SGH AU performance. If SGS really blow up as per the shortist speculation, it is no doubt that AG will be the scape goat at his current position, but note that SGH management has made the decision to acquire Quindell based numbers coming from account and tax review by E&Y. What does it mean? If E&Y screwed up, I still can’t find any explanation why SGH management still using E&Y now.
SGH Price at posting:
83.0¢ Sentiment: Buy Disclosure: Held
