SWC, Your sentiment has been "buy" all the the way down. Can you not see how consistently and badly wrong you have got this one? This should be a scholarly case study in what not to do.
With regards to the matter of a DCF valuation, after allowing for debt repayment the cashflow will be negative for a very long time. How far out would you base your calculations on - 2 years, 5, 10?
Whats the difference between the Titanic and SGH?
It only took a day for the Titanic to sink.
Apart from the fact that you may have sucked people into buying this wreck, I honestly hope that you haven't lost too much. I don't think that there is much left to lose for anyone.
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SWC, Your sentiment has been "buy" all the the way down. Can you...
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