So you dont think a bunch of monkies could derive 22% EBIT ( $242m) and say $100m net cash on $1.1Billions turnover?
You don't believe that , (in addition to above) 45-60% NIHL success rate will divy up $175-220M NET cash in 14 months?
Nor do you believe Wilson research when they point to C. 15% case throughput reduction ( generates $70M- $130m cash in a case cycle)?
Pity - all looks a bit obvious to me.
What isn't obvious is the daftness of the forward PER of 0.45 . I love it. I certainly couldn't give twopence if the penny doesn't drop in the market till Feb 17. When PE hits 8 - its will still be a half price stock. What happens if it drops.....buy more.
Mel
SGH Price at posting:
38.5¢ Sentiment: Buy Disclosure: Not Held
