SGH
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0.00% 54.5¢ slater & gordon limited

This article popped up on my news feed over here in the UK,...

  1. Donksy
    65 Posts.
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    16/05/15
    21:28
    Post #: 15294573
    This article popped up on my news feed over here in the UK, suggests that Quindell's accounting policies were "largely acceptable but are at the aggressive end of acceptable practice.

    This stock has always worried me from a balance sheet perspective, with WIP and debtors well over 1.5x revenue. But I said this all the way from $2 so I guess jokes on me!

    http://www.financialdirector.co.uk/...ium=Email&utm_source=FD.DCM.Scheduled_Updates
    SGH Price at posting: $6.18 Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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