SGH 0.00% 54.5¢ slater & gordon limited

Total revenue up 100% to A$490 million Cash flow -$40mil...

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    Total revenue up 100% to A$490 million
    Cash flow -$40mil (guidance of -30 to -40 was given at the end of november so I can't imagine it worse than -40.)

    Interim dividend suspended until debt/equity back to <45% which is anticipated by the end of F16.
    Net debt at 660mil.
    WIP down about 80mil 10% and intangibles down 120mil 10%. therefore a write off of about 200mil from the balance sheet.
    Therefore a debt to equity of about 50%

    Share price about $1 on March 1.
 
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Currently unlisted public company.

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