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29/02/16
09:53
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Originally posted by TechnicalsSayItAll
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Any one thinking and or talking of concerns re BANKING SYNDICATE withdrawing support OR and CR/equity raising has no clue at what stage SGH is re disclosure responsibility and how the financial world and financial markets work.
If any of these things were cooking , SGH would have been out making an ANN.
Amazing stuff.
Ignorance of the folks is just unbearable.
Sometimes i do wonder what is good use of my time.
Just imagine what will happen if SGH maintains its interim dividend or comes with a v positive statement re considering the dividend at the time of announcement of annual numbers.
Just because this stock has been decimated from 810 to 54 does not mean that market got every thing right and that is where it will stay for ever.
There R lot of people going to be wondering what happened once the ANN comes and market opens.
And then come August end 2016, the degree of surprise i think will B unimaginable.
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Fear will take over at the open. causing fall. should recover soon though.
It is not over for SGH.
Prime thing is debt servicing plan.
With 100 miln escrow money coming in and less one of expnss in 2 H, i dont think CR will happne