It all depends on your perspective and the price you pay but I would say yes.
There are a handful of companies that are as big or larger, conservatively financed, profitable/cashflow positive and trading at a greater discount to long term (I look at 5 years) prospective earnings and book value.
SGH doesn't have an earnings history, is presently cashflow negative, the banks now own 15% and will be ready to pull the pin if the cashflow status doesn't turn around. I would bet that it will and SGH will work out well from 40c but it's a high risk proposition therefore not for me.
I don't bet on anything.
- Forums
- ASX - By Stock
- SGH
- Sold all my SGH shares today
Sold all my SGH shares today, page-5
-
- There are more pages in this discussion • 533 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SGH (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CC9
CHARIOT CORPORATION LTD
Shanthar Pathmanathan, MD
Shanthar Pathmanathan
MD
Previous Video
Next Video
SPONSORED BY The Market Online