SIO 0.00% 18.0¢ simonds group limited

Simonds reviews- not very inspiring

  1. 228 Posts.
    http://www.productreview.com.au/p/simonds.html

    Some very disturbing reviews here if you take the time to read through some of them over the last few years

    Are they all true ?   

    I am also surprised that SIO's customer service approach seems to be "email to [email protected] with your job number and best contact details, we'll give you a call."
    Pretty lousy approach imho. Why not be on the phone to them asap ?
    Surely from the nature of the complaint they know who the complainant is. Why not be pro-active -at least provide a direct contact phone number to a person that can address their concerns

    Still they have been around for 65 years -they must be doing something right
    But those 208 reviews with the vast majority, negative, is a concern for any potential investor
    There are some very happy customers also made their reviews.

    But it does raise a concern for any potential investor
    Have been ASX listed for one month now and trading at a fair discount on their IPO price . The sentiment on the education side of the business hasn't helped.
    Are they value here or are they a stock to avoid ?

    Comments welcomed
 
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