I am back. So is SGH, page-839

Letter that WTG has sent to its shareholders impairing ESCROW money pending final decision,it has also mentioned that there R lot of other issues that are under discussion with SGH.
Obviusly such discussions are always highly confidential and no one is going to give a
daily up date on it.
But i presume all LT shareholders can make a wild guess that SGH has raised serious issues with WTG re sale and all that is involved with it where SGH paid 1.2 billion dollars where as WTG should have paid 500 million dollars for buying that part of its business from it.
As SWC has frequently raised the issue of SGH making claims on the parties wherever possible re
the write down of 1 billion dollar that it had to do after the UK purchase.
N one needs to shout at the top of their voice telling what SGH was and where it is . It is all in open and very one invested in it knows that.
Issue remains as to when and how much of recovery SGH will make and what will be the level of D 4 E.
For me assuming that dilution will be worse than the current price is nothing short of a blunder unless the business model itself is a dud and SGH cant make a dollar...which is highly unlikely.
staying invested.
Has been long wait.
Don't think that for me it is a wise thing to sell and get out.
It is better to take a risk of what is left and wait for the game to play out.
Under normal circumstances sgh is worth market cap of 1.5 billion dollars on lower end of the scale valuation.
Longer the D 4 E is delayed , more issues SGH is able to sort out and show recovery in revenue and margins,better the prospects for LT, SGH shareholders.
Any one telling that Anchorage wont make a killing is unrealistic.
However they make a bigger killing with a better performance of SGH and its stock price.
That does reduce the pain of LT shareholders IMO .