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28/02/16
12:46
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Originally posted by TechnicalsSayItAll
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Here is my take.
There will be modest adjustments in things that R being looked at, nothing catastrophic as is being talked all over the world.
There will be no CR.
There will be decent restructuring and OPEX cuts.
Future will look pretty good after the initial labour pains of digesting a big buy out.
Market will go into a frenzy and wont be able to comprehend what the fuss was about.
What many R failing to relate to is that this is and was a one off situation and extraordinary one and that resulted in BIG BIG CF issues and hence bringing the banks and every one else in.
My views are that some of the very sharp brains were and R working on the issues which MOST organisations face these days but SGH did not come to grips with them B4.
So i am pretty happy as a long term investor with 136 as average and holding exactly 99999.
Looking forward to long awaited clear skies and bright sunshine for the SGH LT shareholders.
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Do you know how a really fat burning short smells like?
Looks like ASX is going to be faced with one really prolonged smell of that for the whole vk next vk. Yuk yuk.