Share
22,989 Posts.
lightbulb Created with Sketch. 271
clock Created with Sketch.
19/11/17
11:18
Share
Originally posted by Nick Miller
↑
This is like Trump politics 101 (apologies fish). Fear mongering to the lowest common denominator. If you can't put reason behind your argument, which requires considerably more effort, just throw in some irrelevant fears (the yanks are invading and stealing our children, SGH shares?).
The lenders are evil because they are American? Got to protect our little Aussie battler company.
There are no facts in your posts. You won't even reference the facts provided in ASX Announcements.
I've just caught up on the rest of the thread. You seem to think a superior proposal will come through, which it can't as the company is restricted from shopping for one if you've read the conditions of the recap. I think in another post you used an analogy of a snowball turning into an avalanche, yes I guess that works if you look at the trajectory of the SP and how it could literally drop to zero if the recap gets voted down.
But if we keep to your illustration that its recent half-yearly reporting has demonstrated a positive change, please illuminate us on how continued or exponential momentum is going to land the company an additional $300m+ in FCF to pay off the first tranche of debt next year? Just talk in plain numbers and margins. How much revenue and profit will it need to pay its way out of debt next year?
Expand
Hey,hey,hey, SWC is not like Trump politics 101, don't get brainwashed by all that fakenews, look at the facts under the surface. Brexit, France, Polish, PHON, not just the Yanks. Have a look at our numb nuts in power and the media. USA debt is not from Trump, although if he's got any brains he'll pump it as high as possible till it goes POP - Only way to drain the political swamp worldwide.