This was a fantastic example how is easy give "advise" without make a proper search without understand deeply the business and with low or nihil responsability for the quality of their comments
At that stage im holding zero (my stop loss went up and i left to buy tomorrow to investigate the causes of drop)
That make my comments more trustfull and independent.
Absolute shame how and what they say ;
Sgh not good at all . Why? Because several companies in past bought overseas business and went down .
Yes . That is a man that hold the right to givve advise . Really very fair benchmark and very fundamental understanding . According w him you biught overseas ? Goes bad ...
If that ridiculous comment was not enough he complement about the risk of some cut in income as result of legislation.
But soundds for him is caput. No profit at all. And if the share today is 1.26 with next 2 years guidance of 205m (just that will represent an add valu of more than 1 dolar per share.
In the end the superficiality and inconsequence is the king .
Howard is a good man and always is linked with strong fin history, but tonight a complete idiot .
You can say no i dont recomend ans justify properly . But a share that today value 15% of his pick price at least he should mention what is his fair snd intrinsic value .
Really sad
Cato (but tomorrow 20,000 people eill cone to buy . Maybe team invest members are in this group
SGH Price at posting:
$1.27 Sentiment: Buy Disclosure: Held
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