The Elephant in the room - SGH's future, page-235

NO. I thnik there were lot of one offs and lot of fat to be cut.
14% down on head count is huge. can u hvae a look at wages and salaries xpnss .
i WILL HAVE A LOOK
If they do nothing else.
86 million dollras were one offs.
136 million marketing and advertising. 14% less on wages and salaries.let us say only 10 % less considering only low paid employees were let go.
it still produces 150 million dollars of hard cash .pure cash flow.
so i dont know and i dont understand fundamentally what market is thinking. technically yes. tired bull liquidation. PIP players getting out. no instos there on registry. so no floor under price even on good news.