hot air, page-24

I agree with Jim. The Board is accountable. At the recent AGM shareholders agreed to an increase in directors fees. What a joke that turned out to be? That increase was awarded in good faith of delivery of the guidance which was reaffirmed by mgmt. I was reluctant to criticise mgmt at the meeting and regret not doing so now. Mgmt have let us down badly. Board members who spoke when asked to speak merely fumbled through diatribe about how greatful and thankful they were to be members of the board. Rather, they should have been put on the spot to give evidence about how much value add they actually brought to the company? What their contribution to SGH was not what they got out of it????

and today's announcement was equally as disgusting....So far, mgmt havent been able to do a thing right since I entered the share register. Announcing today, just when shorts were declining in meaningful numbers and momentum upwards (albeit slowly) was being attained, meant the green shoots of shareholder confidence that was starting to sprout were chard to a cinder! after this it really would have surprised me if the announcement was given the day before Christmas, such is the regard these monkeys have for their shareholder base!!!!