Bruutz - SHJ was clearly oversold at the time, and this could be quite easily assessed based on the financials. I did not jump in at the time, but watched closely, with TA (rounding bottom formation) supporting the fundamentals.
The key difference here is that the financials were quickly and transparently produced by SHJ following revisions to acctg around WIP, whereas SGH have kept tight-lipped on profit guidance since withdrawing last year. Based on the HY results, you would think there is not much more downside to this, but the primary issue is that we just don't know. Good luck holders.
SGH Price at posting:
48.5¢ Sentiment: None Disclosure: Not Held
