Why the big drop today?, page-30

Buy on the sound of cannon, sell on the sound of trumpets - Nathan Rothschild 1810

As I see it SGH's downward momentum is 80% trader driven and 20% based on fundamentals (mainly balance sheet strength and timing issues).

Allowing for a large margin of safety, 16eps should be a minimum 40c and 17eps 55c.

Interest cover is comfortable and management capability is proven.

Any issues with accounting policies appear to revolve around income recognition and timing, not the existence of revenues.

Investors will be rewarded.