SGH 0.00% 54.5¢ slater & gordon limited

Where is Mightyatom, page-12

  1. 2,018 Posts.
    Jarvoid

    I have been in and have been an advisor in Turnaround situations. Everybody kicks you when you are in the hole. The secret to winning is often a lot to do with the numbers and the confidence of the leader. If the leadership can see a plan and stick to it , it is surprising how many will support you.
    I have no idea if this can be achieved but just imagine that:

    1. SGH has been pouring dosh into NIHL cases and that there is $200M acoming in 12 months.
    2. SGH has been pouring dosh into SGS cases and ( case turnaround for motor ins cases usually quick) cash and profit generation is gathering pace.
    ......then that would explain the poor performance of SGS in H1.

    If both "eventuate" then maybe a business plan which is beleiveable may emerge. It is consistent with what I reckoned would happen.

    The above might be Tosh but if I think about it it fits the facts.

    Mel
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