NO dear no. Business has been re set.
finanncl yr 2017-Jun2018, should be a totally normal and healthy financial year.
So even if the revenue was just 900 million considering GBP stays lower and no growth WHICH IS UNLIKELY
X NIHL,
SGH can and should deliver 150 million dollars plus profit.
So before/by September 2018, SGH share price should be pretty healthy as all the honey bees should be back into it full swing.
The only question is how SGH gets over this critical period of 6-9 months of over gearing without getting into m big D 4 E and by cobbling together a deal with its lenders over this period.
Thats all.
Keep smiling.
PS.
If the NPAT numbers as suggested by BB are delivered for 1 H, then all bets are off and SGH can race FAST FORWARD TO 2.56 TO 3.56 dollars zone B4 we say cheese.
SGH Price at posting:
26.0¢ Sentiment: Buy Disclosure: Held
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