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31/01/17
09:49
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Originally posted by Krispytech
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Some wise thinking.
However rememebr that when banks signed the term loans in April/may last year
SGH was in precarious condition or one may call a far worse position than now when all the
hundreds of millions of dollars of PIP expnss have been paid for, then SGH shot up from 30 to 68 cents.
So the recovery room for SGH is too too big just depending upon the speed and extent of recovery that will determine the D 4 3 as touted by media .....if at all that is needed and happens.
SO who knows ,if SGH gets derisked without massive D 4 E or no D 4 E or D 4 E a bit late and on good terms or NIHL delivers and no D 4 E or banks think again that SGH is delivering, NIHL will come, ESCROW also likely to come.thus pushing the dates of term loand further down for some fee and some warrants.
Who knows.................
SGH for finncl yr 2017-18 can deliver 1 billion rev X NIHL and marginms of 15-17%.
So come August Sept next year SGH can B an entirely different story.
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Think seriously.
SGH for finncl yr 2017-18 can deliver 1 billion rev X NIHL and marginms of 15-17%.
So come August Sept next year SGH can B an entirely different story.
If banks agree with SGH BOD on this , then IMO no D 4 E will be required.