Klutch...doesn't matter that SGH did their own DD. The fact is all this (SGHs) earning growth has come at the expense of Cashflow. ..of which there is sweet FA. The aquistion of Quindell via equity, is a binary outcome. If it works cash starts flowing, if it doesn't SGH is in big trouble. Besides the financial shenanigans, given the breadth ,the scale, the complexity, the tangle and, in some cases the interconnected nature of some of the paying customers and entities, there is a big question mark over whether SGH can make it work.
SGH Price at posting:
$3.83 Sentiment: Sell Disclosure: Not Held
