Incorrect ASH, please understand the wording "non-recurring restructuring payments"....meaning they are one off payments being part of the performance improvement programme and will not happen again and this is why the negative cash flow in H2 otherwise it would have been just positive over breakeven, do not mislead the punters on this forum.
The business is improving and that the FY result next year should see a big improvement!!! i.e. The business will be able to start repaying the term loan and will not be going out of business. We should start to see a recovery in the SP towards $2 within the next 12 months. Not sure what will happen today....any thoughts?
Ann: SGH FY16 Results Presentation-SGH.AX, page-11
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