Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.
Hi Team, Would SDF & JLG suffer medium-term reputational damage after the 4 Corners report? Where do you see value as an entry point? Is GTR SPP worth taking up? I bought a small position in GTR after hearing a chap recommending the stock on Ausbiz. Thanks & regards, Sidney PS: Shawn's prompt & professional comments this morning was much appreciated.
Hi Sidney,
We covered the SDF/JLG expose aired on Four Corners earlier in the week. We still have no interest in SDF but are considering increasing our Emerging Companies exposure to JLG if further weakness unfolds. To specifically answer your question, we see value in SDF~$4.75 and JLG below $3, i.e. there is no hurry with either at this stage. There is reputational damage, however, from what we understand, this has been happening in very small parts of both businesses, and SDF themselves have flagged this back in 2021, insofar as there needs to be a regulatory overhaul of conflicts and disclosure.
In terms of GTI Energy (GTR) SPP, the stocks trading at 0.4c near its multi-year lows, and we see no reason to buy/add to this stock – they have raised $$ a few times in recent years with the same result a few months later.
Take a free trial.
No payment details required.
Forgot password? Request a One Time Password or reset your password
One Time Password
Check your email for an email from [email protected]
Subject: Your OTP for Account Access
This email will have a code you can use as your One Time Password for instant access
A link to create a new password will be sent to the email address you have registered to your account.
Hi, this is only available to members. Join today and access the latest views on the latest developments from a professional money manager.
Our Smart Phone App will give you access to much of our content and notifications. Download for free today.
