Watchstone Share Discussion Threads

[rogthepodge] 02/3/2017 01:20

charming man

such eloquence!

your kind have destroyed the usefulness of the bulletin boards unfortunately

would you behave like this in the real world? would you? really?

what is wrong with you?

[rogthepodge] 02/3/2017 00:11

why would I tell anyone to buy if I was selling?

I think that marks out the difference between your kind and mine!

[lydnem] 01/3/2017 18:19

you have been a bull of SGH

You say that you might not hold

If you dont (yet we know you do!) then you have been telling others to buy when you were selling

Which is it??

PS Im not your mate, nub nuts

[rogthepodge] 01/3/2017 17:48

you don't make any sense mate

[lydnem] 01/3/2017 17:21

You are the only advocate of SGH saying how great they are all the way down

knowing (as we do) that you still hold is important

Otherwise you would have been telling everyone to buy and hold when you didnt

Which is it, numb nuts?

[lydnem] 01/3/2017 07:51

nub nuts

Are you still holding SGH?

[dalesiders] 01/3/2017 00:34

Only 7c to go to 0

[dalesiders] 01/3/2017 00:33

Slater & Gordon Limited
ASX: SGH - Mar 1, 11:11 AM GMT+11
0.07AUD
Price decrease 0.02 (25.51%)

hope you are out Nicky

[dalesiders] 01/3/2017 00:17

Are you saying it's not such a good bet then? Thanks for warning me off if that's the case.

[rogthepodge] 28/2/2017 23:48

'honestly' lol

And more research of REDDE is clearly needed on your part.

[dalesiders] 28/2/2017 14:36

Nicky

REDDE seems to me a well run business and I have considered buying a few on a number of occasions.

For REDDE it's a good model, but for a gang of conmen (formerly), or a bunch of ambulance chasing lawyers (presently) it has proved incapable of reproduction.

I honestly hope you have managed to bail out of S&G at some point.

D

[lydnem] 28/2/2017 14:05

rogthepodge is mentally challenged

[rogthepodge] 28/2/2017 13:29

Good Redde numbers today daley

get with the programme!

[jacko41] 28/2/2017 09:50

The SGH claim will probably hold back any rise of WTG.

[dalesiders] 28/2/2017 09:38

Good business model this REDDE thingy.

[dalesiders] 28/2/2017 09:38

Barristers warned over law firm Slater and Gordon’s rising debt
REBEKAH CAVANAGH, Herald Sun


VICTORIA’S top barristers have been warned not to do business with Slater and Gordon unless paid beforehand amid concerns about the embattled law firm’s rising debt.

List A Barristers, which represents almost 80 commercial barristers, sent a memo to its members on Tuesday “strongly̶1; recommending work requested by Slater and Gordon “only be undertaken once we hold funds”.

In the email, seen by the Herald Sun, List A Barristers senior clerk and executive director David Andrews tells its members: “I strongly recommend that if you have any unbilled work you have undertaken on instructions from Slater and Gordon, you prepare and send an account forthwith.

“I recommend even more strongly that any new work offered to you by Slater and Gordon or ongoing work requested by the firm only be undertaken once we hold funds in OUR trust account.

“It is far preferable that we hold trust monies rather than the firm doing so.”

The warning comes as Slater and Gordon faces increasing financial pressure and is at the mercy of its lenders, with their share price yesterday plunging 22 per cent to just 9.8 cents.

The company revealed earlier this week, in releasing its financials for the six months to December 31, its debts exceed its total assets by $126 million.

Its cash flow is also $11.4 million in the negative.

Shareholders have been worryingly watching the business closely after its share price collapsed from an all-time high of $7.85 in April 2015.

The decline came following the purchase of its UK business in March 2015, which led to a loss of $1.02 billion the next financial year.

The firm has been given until May 26 to plunder a deal with its bankers on a restructure plan. If unsuccessful, it could be made to repay a $738 million loan within 14 days.

Mr Andrews would not discuss the email when contacted by the Herald Sun last night.

“I’m not going to talk about that,” he said.

Slater and Gordon spokeswoman Kate Van Poelgeest said the firm would not comment on “rumours sourced from leaked memos”.

“Slater and Gordon has enjoyed strong relationships with Australia’s leading barristers for many decades, through good times and bad and we expect to continue to enjoy those strong relationships for many decades to come,” she said.

[rogthepodge] 28/2/2017 00:42

and daley, please stop stalking me, you saddo

[rogthepodge] 28/2/2017 00:41

Redde is a brilliant business

[dalesiders] 28/2/2017 00:30

Good business model this REDDE thingy.

Sure fire winner

[rogthepodge] 28/2/2017 00:17

it is the morning

well you know my view (above)

but pleased for you, that you get so much vicarious joy from others
discomfort Tom

[ionlypostafterbbms] 28/2/2017 00:17

Remember this idiot from Quindell?

squire007

25 Feb '17 - 11:54 - 2780 of 2804

Got some SGH at 15c ..... :-) thx

You're welcome.