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Mei-Li_Xi_90

50 Posts.

23/02/17

09:27

Post #: 22833005
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People making comments (Grant, Mike, HaveACrack) are same sort people who now decide SGH future!!! Creative solutions??? They are accountants with no humour or soul - not poet or performance artists!!

Originally posted by Krispytech ↑

Some posters with accounting background are doing their best to detial the situation of SGH.

I dont think they have full information available to them .

That is number one.

Number two.
They are just doing straight line thinking with the information that they have
and coming to only one conclusion.

There is no effort in their thinking of alternatives and accordingly alternative scenarios and creative solutions

that all the parties involved can and may come out with .

The  only thing these posters are assuming is that both the parties involved want to kill each other and there is no way out.

I think that is totally totally flawed thinking as was proven last year with term loan agreements.

Banks are not there to kil a 1 billion dollar business that has flatlined on CF  just now after writing down nearly 1 billion and incurring 100 million as one of expenses from its hard cash.

Moreover SGH said in its last ANN  that it may take months to work out recap of SGH.

So folks hold UR breath

and wait patiently for 27/2/2017.

Let us see what comes out.

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SGH Price at posting: 17.0¢ Sentiment: None Disclosure: Not Held
4 Upvote

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