SGH 0.00% 54.5¢ slater & gordon limited

The Elephant in the room - SGH's future, page-281

  1. 4,431 Posts.
    Basically i am looking at 140 million dollars of hard cash one off expnss which wont be there,
    here is how.
    I just deleted that file. let me restore from recycle bin and paste it here.
     $33.3m of non-recurring restructuring costs including consultants costs, redundancy and property rationalisation costs associated with the Group’s UK operations;  $33.2m of cash and share based payments to former owners recognised under the Group’s accounting policies for acquisition consideration (AASB 3 Business Combinations) which were adopted in FY15;  $18.7m of additional provisioning for debtors and disbursements across the Group
    Add another 40 million from salaries wages reduction.
    That comes 140 million one off cost cuts.
    That does not include any cut that may happen on 136 million dollars marketing and advertising expnss.

    Fundamentally i cant believe where SGH stock price is today. Technically yes. BOTS got to play up and cause maximum pain. that is what they r doing. brought it down to major support zone. basing and then loading up to follow.
 
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