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0.00% 0.3¢ savcor group limited

How goes it Sandlion?Share price up since your post, but on the...

  1. morley
    1,540 Posts.
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    25/01/12
    13:08
    Post #: 9596890
    How goes it Sandlion?

    Share price up since your post, but on the way back down again as they head into full year reporting.

    I see Cencorp announced a reasonable sort of contract for FACE that has bounced their s.p. in the last couple of days (up to €50m over 3 years in flexible circuits):
    http://otp.investis.com/clients/fi/cencorp/omx/omx-story.aspx?cid=312&newsid=18920

    Still not enough to recover them anything, but at least improves their chances of being able to sell of some of the shares to repay debt.

    Hard to get past the amount of debt they're carrying. Need to see ART well into operating surplus and then maybe they can make a comeback. Interested in your latest thoughts.
    SAV Price at posting: 6.3¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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