* Performance improvement plan working albeit at a snails pace *...

  1. 40 Posts.
    lightbulb Created with Sketch. 1
    * Performance improvement plan working albeit at a snails pace
    * No "large" cash cow coming soon from NIHL cases (if ever!)
    * WTG escrow claim of 50mil will take several years to settle
    * Class Action will take several years to settle
    * Just enough cash to maintain liquidity

    So,

    * No big cash build up in FY17 to make any significant dent in Loans
    * Re-financing of loans on the cards in FY18 i.e. performance improvement seem to be geared towards being able to re-finance (or perhaps dual listing)

    i.e.
    * No MAGIC BULLET

    Half year results will be interesting to see if what was implied regarding Q1 performance is correct.

    So, SGH share prices IMHO will be going sideways for a while and can't see any significant value creation until FY18 H1 results.

    Just my opinion.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$52.65
Change
0.130(0.25%)
Mkt cap ! $21.42B
Open High Low Value Volume
$52.98 $54.05 $52.59 $32.52M 615.2K

Buyers (Bids)

No. Vol. Price($)
3 1976 $52.53
 

Sellers (Offers)

Price($) Vol. No.
$52.86 383 2
View Market Depth
Last trade - 16.10pm 02/07/2025 (20 minute delay) ?
SGH (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.