Fun has begun.
FOMO is here.
12.15,20 30,50,68 or above i dont know where the new buyers will be able to get in
since the news appeared over the vk end re the fraudulent misrepresentation case against WTG in UK
and how lenders can be paid out of that
so no D 4 E and even SGH can be left with 500 million out of that and
CA cases dead in water.
Risk is where one can get in now....
rewards. i wont say unlimited.
rewards here certainly are huge and open ended..who knows.
I have written here many times
if SGH can fall from above 8 dollars to 6 cents, it can also recover that v v quickly if and when things turn around.It took 2 years to fall from 8.12 dollars. So let us see how recovery pans out.
Imagine come August 2017 and we have the annual numbers
and they show that SGH has really really turned the corner.
The other thing that comes in my mind is why debt holders have entered into 3 years term for providing funds for head room and for capitalising the interest on debt.....looks like both the parties discussed the scenario of SGH getting funds back and or it turning the corner and debt being paid.
so no
rush or concern has been shown by the lenders to go for D 4 E.
I am sure many many competitors of SGH now will be V V disappointed.
If i was one of them, i would rush buy shares in SGH as i cant get a piece of SGH after its disintegration.
Well well well .
SGH and AG. looks like time will tell. U have done it
and you had the last laugh on every one that was cheering for UR demise.
It was v painful and that too for too long.
But it will soon be forgotten .
Victory will be sweet,v v sweet.
Keep smiling.
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