For a price of $0.255 what is my potential risk vs return?
Risk:
If I don't put a stop on this I could potentially loose the $0.255.
The chances of this are minimal I would think:
- we are an international company with a turnover of 900mill+
- we are 'on budget'
- we have bank support
- we have almost completed our restructuring and business improvement program which is paid for
- our client satisfaction rates are probably amongst the best in the game.
Just to mention a few.
Return:
- the share price was $8+ less than two years ago
- if it goes up to that again I am looking at a return of 3000%
- if it goes up to $4 I am looking at a return of 1500%.
Weighing up the risk vs return possibilities the SGH share is 'must have' in my portfolio
Be aware of posters who may post to suit their own interests.
These posters may try to talk the share price down and us to sell as a matter of urgency.
Usually their arguments does not include any reliable facts.
I am thinking there is no urgency and that time is on my side.
The 2017 H1 results can be released any day and if they are good the share price could sky rocket.
Why would I sell now and give others the opportunity for this potential massive profit
Just saying.
SGH Price at posting:
26.5¢ Sentiment: Buy Disclosure: Held
