SGH is a mess - what a disappointment, page-34

It always starts like this Grant.

U wont take a 40% or 50% cut to start the negotiations.

It is back and forth .
some arm twuisting, some negotiations.
Few meetings

some suggestions.
some acceptances, some refusals.
some come backs with alternative options.
They have lot of tie for that.

They R all smart people.

They know pretty well SGH is good for every one

if it is alive and healthy rather than dead.

It will happen..

Give it another 9 months.

SGH will also come back roaring in 9 months time.

This D 4 E is likely going to be most creative piece of financial engineerign.

Banks will share some burden in the form of hair cuts

and accepting convertble debnetures which may seem initially painful but they will come in front 2-3 years later when they convert.

SGH will quickly change in terms of sentiment and vibes once the deal is done and is out as

the sword of it death sentence will no longer be hanging on its neck.

That will change clients and markets response to it..

Who knows, this could set the SGH stock price to blast through 68 thought of which appears laughable ATM.
Market a funny place though.
so we shall see.