SHM 0.00% 77.5¢ shriro holdings limited

Ivanovich, I am not so sure if the report and the reasons they...

  1. 214 Posts.
    Ivanovich,

    I am not so sure if the report and the reasons they give are more reliable than what you can see it in stores. My knowledge about the Australian retail market is not as deep and broad as those tradies or even some picky housewives. But one good thing for the retail sector for our retail investors is that we can go there and check it, feel it ourselves. Not like the steel stocks, it would be difficult for me to go to their factory to see and even if I go, I don't know what to check. Figures to me are only decoration of the facts. Facts come first. If there's inconsistency, I will honor and rely on the facts.

    To me, there are other things not to like. CEO's big bonus because of listing. CEO was never a director of this company until it was listed. That HK guy is the real boss behind the show because you can see he is actually the director for SHM during 2012, 2013 and 2014. I am not saying this way is illegal or very bad. I just don't like it very much. The pattern is very much like Dick Smith but this HK guy is already more moral and ethical than Anchorage Partners who not only took away the total sum of the fund raised from IPO but also draw down the the company's debt facility to exit. Anchorage is a real blood-sucking ghost.

    Of course, my personal points of view only. Who knows what the market will do tomorrow?
    I am losing a lot of money in SGH and some in BKL. Hope you don't think I said the above to show you I am a smart ass...lol...Just some honest thoughts for you.

    Good day.
 
watchlist Created with Sketch. Add SHM (ASX) to my watchlist
(20min delay)
Last
77.5¢
Change
0.000(0.00%)
Mkt cap ! $74.72M
Open High Low Value Volume
79.0¢ 79.0¢ 77.5¢ $235.2K 301.6K

Buyers (Bids)

No. Vol. Price($)
1 113405 77.5¢
 

Sellers (Offers)

Price($) Vol. No.
78.0¢ 63922 3
View Market Depth
Last trade - 15.56pm 31/10/2024 (20 minute delay) ?
SHM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.