Hi, all
I've been following S&G on HC for a while now and yes i bought some shares.
And first of all, I must say, I should define the whole SGH experience "a thrilling adventure", it's definitely not for fainthearted.
Some people say the company will go kaboom and some say it will survive ...
Well the fact SP is still @23.5 after all the pounding day after day, it's absolutely amazing.
I am not suggesting that you should sell or buy or hold, short or long, if you can make some money off it to feed your family, good on you.
Some of you guys are absolutely right about doing your own research before investing in the share market,
FYI here is something I found on the internet, look at the "Earnings history & estimates" for 2016 H2
http://markets.ft.com/research/Markets/Tearsheets/Forecasts?s=SGH:ASX
My gut told me to hold and enjoy the ride (to hell or to heaven we will soon find out)
But still, do your own research.
Buy or sell or hold, it's your choice, it's your money, don't let other people affect your judgment.
Just my humble opinion:
Founded in 1935, this 81 yr old company deserves a comeback(then it can make amends) and it should not go down, and won't go down without a fight.
Also, come on guys, play nice
G'day
