As usual we dont know the facts

As usual we dont know the facts.

We never did.

So market decided not to believe what was fed to it.

Selling never changed long term down trend of nearly 2 years.

Market does not know what 2H will bring.

Market has no reason to believe the management that 2H will B better.

Market does not know what future projections upto 2020 have been given to the lenders.

Market does not know what have been there in the recent and confidential

discussions between lenders

and SGH top management.

So market decided as usual on available information to continue to sell.

Sentiment/momentum feeds on itself and

so do technicals.

Break of 20 was catastrophic to say the least.

Will banks sign on the deal as per the statement of BOD of SGH.

What will be the terms.

will 2H numbers save SGH .

I have been told as much as U have been.