The Elephant in the room - SGH's future, page-16

  1. GC8
    1,890 Posts.
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    Yep it is frustrating and we all have bad days........I usually get an early night and try and sleep it off. They have plenty of room to cut back their expenses in a big way including advertising which is 2.4 x SHJ (15.0% vs 6.3% of revenue).......this alone could save $80m. Anyway at the end of the day it's up to management to make the decisions but as far as I can see it's definitely salvageable.
 
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