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JohnnyCa$h

163 Posts.

21/04/16

15:19

Post #: 17568890
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Originally posted by Ganesha ↑

Dear Piggy, (and all HC readers)
This is a frustating but from-my-heart post! I'm NOT poking fun..and I do feed the ducks and pigeons but never Bulls$%t to anyone..it is not my nature..I may even be proven wrong, and I would love that...
Shares n investing is my job
I had money Invested some $120K and lost over half at one time...I since recovered most in other stocks...I was a blind follower with a constant buy sentiment...I feel for those holding and urging others to buy
IMHO:
Rampers are falsely propping the price up whilst they n sellers silently sell and disappear without posting their revised sentiment..I'm not one of them
Rampers tried breaching the .285 ceiling for several days using the AFR article as "good news", but the SP may not, ever, go over 30c! The consolidated (1 for 10??) SP in some future date may...
The AFR states SGH was given 10 days to come up with a "restructure"...it's some 8 days left now..the time bomb is ticking
Even if there is a CR it will be massively dilutive, the SP will drop from around 27c to 10-15c if you are lucky
The last half was cash flow negative and is still bleeding..the $90mil odd may have dwindled away??
If the sharks (banks) have their way..the SP will be 5c...
SGH is a dog's breakfast but will survive and has to survive but will be a totally chastised organisation
The AFR article was not commented on officially by SGH nor has any official announcements been made to date because SGH Management is in a no win situation..on side the sharks and the other SHs..the SH's are the bottom of the "heap"..always...
I could go on but I rest my case..so GLTA, and as always...be carefull..God bless and happy investing

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"If the sharks (banks) have their way..."

Funniest thing I read today,

do you commonsense?

SGH Price at posting: 27.0¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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