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54.5¢ slater & gordon limited

Did I miss something? When did they say cash flow is bugger all...

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bochman

819 Posts.

3

02/07/15

11:00

Post #: 15568179
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Originally posted by ROEROC ↑

Caution is a better position to be in these uncertain time, the company just bought a business that has a history of cooking the book, the company also admit they made some errors in their accounting, that should raise some flag and give pause to serious investors

adding to that they have a $800 million newly minted debt pile and cash flow projected from the new business going to be bugger all for the next 6-12 months.

Maybe the market over react but on the other side of the coin, if things doesn't go right and more revelation will surface
pressure will mount and debt will become an issue.

you have 50/50 chance really, I like to invest when I have better odd, volatile is good for trading though

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Did I miss something? When did they say cash flow is bugger all for the next 6-12 months?

SGH Price at posting: $3.85 Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

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