S&G the brand is still marketable and retains a good history for providing service within Australia. S&G will never be $8 but with some reduction in costs, new management and focus in core consumer products she could be mighty again. Having this business without any major hair cuts from the banks can see a more streamlined business returning within the .25-.50 range over the next 6 months in my personal view if both parties within these negations can be reasonable........IMO
SGH Price at posting:
8.9¢ Sentiment: Buy Disclosure: Held