This has got me totally tossed - SP is drifting towards time when there was no guarantee of bank support, hemorrhaging expenses, no restructure plan, no brand awareness in UK, no market repositioning, no proof of cash-flow or income ... etc.
CA is years away - (OK so,'s the escrow thing)
Yet in 1 month there's been (another) 25% reduction in SP.
Can't blame the Don.
No good keep on blaming the BOD - SGH has been in a this mess for 12 months - if you're still 'in' it's your choice. There's been plenty of time to bail out on the way to here.
But, who knows what to do? This stock would have to go in the Guiness book of records for being most manipulated.
Maybe the current situation is a good thing - if there's a whole bunch of shorts out there held by the manipulators, who must want to offload them before next financials - perhaps if the SP drops to a point they actually do they'll let us all move on.
End of the day, when you get to the bottom, there's only one way you can go.
Sad so many bulls on this forum have succumbed - even Jim's been remarkably quiet today.
Interesting, though, that some who were stating they was 'bottom drawering' their holding until 2018 or longer actually didn't.
Krispy's o'seas somewhere - hope he returns thoroughly refreshed with more dreams to share.
SGH Price at posting:
32.0¢ Sentiment: Buy Disclosure: Held
