I am back. So is SGH, page-310

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Gekkowolf

2,352 Posts.

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07/04/17

13:03

Post #: 23934357
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Originally posted by denbo ↑

I've been avoiding posting anything lately.

1. Nothing of any real value to add.
2. So much misery going on from non-holders who seem to be getting off on destroying any positive ideas - and let's face it, they could be right.

Current holders don't have much to respond with and must look like they're inclined to want to commit harakiri

But, just by way of conversartion it occurred to me.

Why would new lenders be prepared to buy-in?

And SGH's 'books' and future plans must be among the most scrutinsed on earth.

Even since last year SGH doesn't seem to be having much difficulty getting fairly generous bank support.

I don't care how much they paid for it - a dud's a dud. An no-one is going to buy a dud no matter how cheap they can buy in for.

But, business aside, along with all the misery analysis from HC experts, I'd forgotten about the revenge SGH must be planning to inflict on the people who might have negligently sent it to where it is. (OK, for Jim's benefit, we'll include AG and JS in this - but they're survived and are still with us, so what's the point).

And I saw a post the other day that alerted me to the notion it could be a staggering amount of dosh. Something I hadn't thought about.

Add that to escrow, the almost forgotten NIHL (which still know is still happening - but not to what extent), the CA negotiations - along with maybe insurance payouts.

Oh! - and there's the business income too.

Seriously, SGH could be a cash-cow in no time.

Maybe, that's what the lenders can see.

I just wish SHs could.

Just talkin'

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Hey Denbo

I think you are onto something and like you say it's going to be fun!

SGH Price at posting: 12.0¢ Sentiment: Hold Disclosure: Held
7 Upvote

0 Great analysis

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I am back. So is SGH, page-310

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