SGH 0.00% 74.0¢ slater & gordon limited

A New Dawn, page-285

  1. 989 Posts.
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    Risk is smaller but reward is smaller too, I think the current price is very optimistic for a company that hasn't made a profit in, like, half a decade.
    They are currently priced at 3 dollars-something, priced for success and future earnings using god knows what as a measurement as the company clearly states they believe shares are worth no more than $1.29 per share. EPS from continuing operations has been negative since forever and dividends are a distant pipe dream.

    Revenue continues to trend down and was last stated as -18% YOY and is falling faster than they can cut costs. They are derisked but it feels like they are still pouring money into a bucket filled with holes.
    Last edited by frankieV: 01/08/18
 
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