SGH 0.00% 54.5¢ slater & gordon limited

I am amazed at the low value of the current share price. It does...

  1. 515 Posts.
    I am amazed at the low value of the current share price. It does not make sense. Below is a summary of AMP financials. Note the loss and the impairment. The earnings per share is -0.117 with a current share price of around $4.96.

    There is a lot more examples.

    There is more at play here with Slater & Gordon and the short data does not indicate we have been shorted to this level. SGH will be around for a long time, however, the BOD need to be held accountable for keeping us in the dark.

    My sentiment has changed to BUY.


    Column 1 Column 2 Column 3
    0 Financial Summary A$m
    FY 16
    FY 15
    1 Profit and loss
    2 Australian Wealth Management
    401
    410
    3 AMP Capital
    144
    138
    4 Australian Wealth Protection
    (415)
    185
    5 AMP Bank
    120
    104
    6 New Zealand Financial Services
    126
    120
    7 Australian Mature
    151
    158
    8 BU operating earnings
    527
    1,115
    9 Group Office costs
    (104)
    (61)
    10 Total operating earnings
    423
    1,054
    11 Underlying investment income
    122
    125
    12 Interest expense on corporate debt
    (59)
    (59)
    13 Underlying profit/(loss)
    486
    1,120
    14 Other items
    (9)
    (3)
    15 Business efficiency program costs
    (19)
    (66)
    16 Amortisation of AXA acquired intangible assets
    (77)
    (80)
    17 Goodwill impairment
    (668)
    -
    18 Profit/(loss) before market adjustments and accounting mismatches
    (287)
    971
    19 Market adjustment - investment income
    (46)
    9
    20 Market adjustment - annuity fair value
    (8)
    34
    21 Market adjustment - risk products
    11
    2
    22 Accounting mismatches
    (14)
    (44)
    23 Profit/(loss) attributable to shareholders of AMP Limited
    (344)
    972
 
watchlist Created with Sketch. Add SGH (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.