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Can SGH be saved, page-68

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Warnie

17,233 Posts.

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02/03/16

07:41

Post #: 17161528
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Originally posted by TechnicalsSayItAll ↑

Read the above post very carefully if UR an investor or a prospective buyer of SGH share. Then make up UR mind with the information U already have .
Shame how fear is being played with naive investors .
LT investors got to remember that BANKS ARE still in till April 2017 end and cant call the loan B4 that.
How come analysts and investors don't remember that.
That is decent period to sort things out.
What i reading is people misunderstanding and misreprepresenting OPEX cuts.
OPEX cuts means no cuts of employees in Australia nearly.
Then people R being scared to wits if we make people redundant this will happen that will happne.
I use to work in an industry and a company rstructure would happen there every 3 years.
nearly similar type of industry in a way.
nothing happened.
what does a company lose by sheddingoff/closing loss making units,
Nothing.
It gains by losing its loss that it was making.
Restructure will have big time in UK.
All will B sorted out.
SGH will survive.
Banks will continue to support till April 2017 even if no agreement is reached, which is highly unlikley.
Agreement to extend the finance will be reached.
Do not forget. SGH is 1 billion dollar revenue comoany and can B managed for 25-30% margins and should B managed for that. simple.
Technicals and AG will have the last laugh in a couple of months.
Dont fall to the trap of bashers spamming the board re banks pulling the plug.
Banks R in till April 2017 even if there is disagreement with the OPEX and restructuring plan.

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Tech

What if the banks call-in the loans next month, and SGH miss their next interest payment, is that not what you would call, trading while insolvent?

SGH Price at posting: 31.5¢ Sentiment: None Disclosure: Not Held
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Can SGH be saved, page-68

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