They downramp but fail to provide any support for their arguments.
What is the situation as we go into today?
- We are currently discussing a possible D4E with our new lenders
- Research shows that on average hedge funds take 35% ownership
- Research shows that on average hedge fund involvement is for the benefit of current share holders
- As per announcements we will remain solvent and have just been provided with $40 million of headroom working capital so we can continue to improve our financial performance
- Company values get worked on based on estimated discounted future cash flows (so current share price has got nothing to do with proper company valuation)
- We are in the process of putting forward a lawsuit against Watchstone for more than $1 billion
- We have a positive independent barrister’s opinion on escrow worth 50 million pound
- We are hiring NIHL staff in the UK (what does that say about our NIHL portfolio which is not even in our financials?)
- Much much more.
Why do poster want to talk down our SGH shares?
They want them for next to nothing.
They won’t be getting mine J
All in my opinion.
SGH Price at posting:
9.3¢ Sentiment: Buy Disclosure: Held