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54.5¢ sgh limited

Iam afraid this is very bad news, page-118

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PatienceToWin

13,164 Posts.

1133

01/04/16

10:40

Post #: 17398825
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Originally posted by Tumbleroll ↑

Many of the remaining bulls seem to believe SGH has the banking syndicate by its short and curlies, and that it has little choice but to play along with the company's gameplan, giving them more time and continuing to feed them credit.

I wonder if it's true. Perhaps the bank's risk management department are also looking at options to cut their losses, selling the loan to a distressed debt company for cents in the dollar or a heavily dilutive debt for equity swap.. Such an outcome may not end well for shareholders.

Yes, this is all speculation. But in the absence of concrete information surely it makes sense to consider not only the rabbit-from-the-hat scenario, but also the worst case (plausible) outcome?

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OK we are now into April and the count down has started as we will no either way by April 30 if SGH is going to survive.......IMO they are gonnnnneeeeeee!!!!

SGH Price at posting: 25.5¢ Sentiment: Sell Disclosure: Not Held
2 Upvote

0 Great analysis

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