JS
Wilco. Good luck. You will know too well & realise some of my stuff is pure nonsense but meant to amuse. I quite enjoy nailing the nonsense.
I have become convinced that SGH was hit by perfect storm - out of AUX 100 - Osbourne's "helpful plan" - analysts too lazy to work out QPP PSD profits - high debt and the swarm of you know whats arrived . It is all tosh. SGH will probably pay down $100m
debt in each of the next three 6 month periods. Then it wont look overborrowed. It is a rare example of a field being left for PI's
When it does not look overborrowed its hard to believe it wont be valued at 15 X profits. Often I find you can tell where a share will get to but the when bit is seldom clear.
Then the next bit. SGH do seem to have remarkable options ahead. It will be interesting.
Mel
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