For that SGH will need an EPS of 90 cents or so approximately
if the PE ratio was 20 or so for SGH stock at that time.
I can see a dividend pay out of just 1% on stock price if the sentiment turns v v bullish for SGH . So under that scenario when it pays a dividend of just 1% , it could B selling at that price that UR mentioning.
Funny world and funny v v funny financial world.
Remember this stock was selling at 8 dollar plus not
long ago and things change in the markets ......
SGH Price at posting:
25.5¢ Sentiment: Buy Disclosure: Held