It seems that SGH is currently in a position where it's liquidation value exceeds it's market capitalization. Excluding any other assets if we just look at ready cash:
Column 1
Column 2
1
Shares outstanding ('000)
6,707
2
Cash in Bank ('000)
14,394
3
Cash per share
2.15
4
Yesterday's price
1.81
If WIP assets could be sold at anywhere near book value then it would appear that SGH would be a good buy at current price if it is later liquidated.
SGH Price at posting:
$1.85 Sentiment: None Disclosure: Not Held