SIL 0.00% 3.5¢ smiles inclusive limited

We don’t need to see their full year numbers. They’ve provided...

  1. 73 Posts.
    lightbulb Created with Sketch. 6
    We don’t need to see their full year numbers. They’ve provided guidance which is materially lower than the prospectus and they’ve downgraded earnings twice. They’ve provided enough figures to work out that their roll up play is not working anywhere near as planned. 
    What I meant by low hanging fruit was the best independent practices that wanted out would have been acquired already and corporatised. Sure their model is a bit different but given they’ve executed poorly so far that might hurt them acquire more practices in future. 
 
watchlist Created with Sketch. Add SIL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.