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54.5¢ slater & gordon limited

Currently make more profit in Oz. Do not need dual listing....

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biohope

632 Posts.

19

05/01/16

16:28

Post #: 16732831
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Originally posted by Melrosian ↑

Chesterton

SGH did not overpay for QPP PSD. They underpaid. In fact they paid nothing for HL cases and paid 6.3 times earnings for the rest.

I am now , in my terms, a chunky holder of SGH. I can't imagine anyone with a brain not thinking SGH ords are cheap. I dont think I have ever bought shares at a forward PE so low. Wake me up in 2017. I expect very respectable EPS to June 2016 and material debt paydown and further EPS gorwth in 2016/17.

Mel ( off to look for Joubert with a rope)

PS Now that SGH as more trade in (T)UK than OZ - anyone agree that there would be benefit in dual listing for the biggest listed lawyers on earth?
PS T = temporarily.

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Currently make more profit in Oz. Do not need dual listing.

After write down.... Will imply over paid

Hopefully banks and Aussie employees stick by SGH.

SGH Price at posting: 81.0¢ Sentiment: None Disclosure: Held
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