Still a hold, page-7

Yes .
It is certainly a hold.
SGH has survived.
EBITDA positive.
negative cash flow is just marginal

which will be reversed to positive cash flow in 2ndH and for full year numbers.
i am pretty confident about that.
Revenue hit has already been taken.
If SGH just maintains last yr 2h revenue for 2h current yr then it can show a big CF positive. I think that is likely scenario considering fall in revenue in 1H numbers.
It is a hold at this price .
And a risky add or enter. as it is already priced for failure which certainly it is not going to.