You know what Tumbleroll, you really are a self-righteous prcik. You post more on SGH than stocks you actually own; go figure. I've been around on this forum for over a year and if I remember correctly you had a fairly small sum invested in SGH (under 10k - although I stand to be corrected). I'd also like to add that by your own admission you've recouped your losses through other holdings.
Yet here you are. You post sanctimonious post after sanctimonious post as if you have lost everything on this whilst trying to paint yourself as some educated heroic soothsayer who is here to disencumber others from their holdings in SGH. Grow the fcuk up.
Look at someone like
@HotCopter who relentlessly posted on SGH while he was holding. If his posts were to be taken at face value he sold out at a substantial loss and has no doubt joined the CA. Fair play to him. He hasn't bombarded this forum with rubbish unable to let go. That to me is class, something that you Tumbleroll are completely lacking in.
Another example is Jim. Jim posts and posts clearly upset with what has transpired over the last year. Fair enough, like me he's long and I can understand his pain. However he gets upset when the CA he has joined has a material effect on the share price; again go figure. His mood wavers in tandem with where the share price is at. This is the same guy who was completely aggressive and dismissive of even the most mildest criticism of the company at this time last year.
In the end Jim, Tumbleroll and every other holder and former holder of SGH needs to take responsibility for their own actions. If you are in distress and underwater, like myself, then the sad fact is that you only have to look in the mirror for an indication of where responsibility lies.
Unfortunately there seems to be so many posters on this forum now who view SGH as a share price. I'm experienced in criminal law and personal injury law and lawyers can and do make a significant difference in peoples lives when they are often at their most vulnerable. Lawyers often get a bum wrap but at the coalface there are people out there throughout the legal profession who do good and honest work. So yes, the SGH share price is currently a crock of siht however I am still proud to own a company that actively participates in making a difference unlike a lot of companies on the ASX.
So for your benefit Tumbleroll here is my take on the AGM and the share price as you now seem to want to portray yourself as the messiah of SGH TA, although to be completely fair I think that GC8 has you covered.
Those hoping for commentary on the CA will be disappointed. Those hoping for commentary on the escrow claim against WTG will also likely be disappointed. As for those hoping for a genuine meaningful apology and a detailed dissection of events which has led to where we are (holders I mean, not Hotcopper posters who post on this forum who used to own SGH and now don't) will also likely be disappointed.
Essentially what the market wants to hear is:
-
Net cash flow positive for 3 months of the new FY
-
Forecast improvement on second half results of FY2016 for HY2017 (in terms of EBITDA, EBITDAW or normalised EBITDA or however the company
wishes to express it).
In the end it would appear very obvious as to where we are. If the BOD can't manage that then be prepared to break 36.5c and then we may be headed to test 20c again. If they can manage the above they will likely get their remuneration and we will go and test 68c again, hopefully breaking it depending on what is said on the day. That's all.
