Target SP $1.20 in three months

There are a few reasons I believe the SP will rocket in 3- 6 months.

1. The business model is solid and debt level is low.
2. With the demise of slater and gordon, more shareholders who are interested in law firms will switch to SHJ.
3. The majority of share are held by the board members/executives meaning that less space for shorters.
4. The company reaffirmed guidance and dividend, this is meaning the business is profitable unlike SGH.
5. The current SP of $0.82 is well below the IPO price of $1.
6. There are scope for expansion given that the market and profit margin is huge.

I hold a firm belief the SP will hit $1.20 in 3 months when the guidance are met, and possibly exceeded.

IF SGH goes under, I would revise my target to $1.80.

Thus a BUY recommendations!