They guided ebitdaw at $200m with target of 100% cash flow which was overly optimistic of the company. Obviously this is now withdrawn and may be $150m. I think $60m is a pessimistic. If it was $60m the missing cash would be invested in NHIL wip which as I said is guaranteed for recovery.
Lenders force SGH to restructure, page-107
-
- There are more pages in this discussion • 127 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)