Devil in the detail..., page-16

Hi Alminds,

Like all time, I cant forecast and say things subjective.But two things I can say:

a) they hire a company that is especilized in prepare companies to insoilvency level. That was a very bad news when happen and at that day I stopped even trade with SHG

b) the scond bad aspect is,they are now "in command" saying to the company, do this, do that, cut,here, clarify there////Yes that can be good, but also the moral of the team goes to the floor.

You also should consider the storm is not finished yet///

After such circumstanmces I cant see how the CEO will survive... He just burn 1 billion assets from shareholders and all time presenting that he was on top, he made all steps o guarantee and so on..

If that was not enough UK still can come with so dramatic legislation that entire area of Uk business will be wiped off.. Maybe..but maybe is enough to scare hips...

Finally about bank doesn't bankrupt,sorry but they are the ones that do ... Not su0ppliers,not employees,but finantial instiotutions and for a single reason..

They have strong governance and nobody accept they keep on books "receivebles" when the company doesn't perform even to pay interest imagine to pay main capital./.

At that stage SGH have a question mark if can pay interest and capital... If they can't ou can bet... They ask the bankruptcy and move on taking out bank books... Just like that.,. short and simple..

Cato