Can SGH be saved, page-5

One part of the solution apart from restructuring is salary cut for all 12-15% .
SGH can't survive without very very hard decisions or few hundred millios drop out of thin air. Evn if that happens, it still cant survive if cant cut the OPEX as it needs to make money to party interest and pay back the loan.
Lethargy of the management of SGH is baffling. What others could see from outside 1 year ago why cant SGH management see and take corrective action.If no quick corrective actions are taken there wont B any SGH or unless NIHL money of 100-200 million turns up tomorrow, there wont B any SGH.
There will be no SGH if it cant be profitable . Not with so much debt and no reserves and so much of expnss. Simple.
Time for BOD to act fast.
Timne is running out.
CR, no way. SGH got to take the bitter pill.
Who is going to give them even a single dollar .
They got to show they R worthy of it.
Greed prevailed over the BOD AND AG and they failed in DD of the UK business and overpaid by not being able to assess the risks properly.
No wise thinking business person will bet the SGH as a company to buy the turd in UK.