Once the gearing ratio and debt is sorted out in manageable range, SGH actually according to my commonsense analysis should be able to pay dividend for finncl yr 2017-June 2018.
See expceted revenue 1 billion and EPS 45 cents or so on 400 million shares MAX including WARRANTS conversion, normal avergae ozzie companies pay 20-25 cents divy on that sort of earnings.
so even if we get 10 cwents to start with and rest to pay debt etc.....
it can turn the tables pretty quickly.
Just needs 6 months or so to tide over this time.
- Forums
- ASX - By Stock
- 50% gain in two and bit sessions
Once the gearing ratio and debt is sorted out in manageable...
-
-
- There are more pages in this discussion • 4 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
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online