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SGH

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54.5¢ slater & gordon limited

SGH Chart, page-209

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Krispytech

4,431 Posts.

20/01/17

20:52

Post #: 22041368
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Originally posted by Successwillcome ↑

To someone who wanted to short at $0.21 (that hurts does it not?)

I am afraid you may have missed the train. As you can see on the daily volumes we are not selling It looks like the only trading is share price manipulators at play.

We are getting close to the 2017 H1 results and they are going to be better than the 2016 H2 results.

At the moment the share is traded at $0.255. Is that good value?

What do I get for that;
- part in a $900mil+ revenue international leading law firm
- a company that is 'on budget' according to management
- a company that has main banking syndicate support as per latest announcement
- a company that has passed the 'greatest risk' phase of a major restructuring and business improvement program which has been paid for mainly out of own generated cash flows
- the restructuring and business improvement program when complete may create a material competitive advantage in relation to competitors
- a company that is hiring permanent NIHL post settlement staff in the UK (this portfolio alone could be worth $100mil to $200mil)
- a company which in the UK have 98% of clients recommending us
a positive Barrister's opinion in relation to escrow money worth 50mill British Pounds.

Then the unknown in relation to our major UK purchase from Watchstone. Are we going to sue Watchstone and/or our external due diligence high profile advising specialists (if going ahead on this and if successful then it could be worth multiple $100mills)?

We may be sitting on a goldmine.

Therefore my SGH shares stays with me

DYOR

Expand

No doubt.

waiting .

SGH Price at posting: 26.0¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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