sgh could be looking at 10 million a month profit from psd...
approx 120 million from psd...12 months
look at the numbers....
if u subtract the acquisition costs in 1 month...
sgh made a profit of 14 million approx...in the uk in one month...
Only one month of PSD earnings were included in the accounts. It recorded $37 million in revenue and lost $4.6 million after incurring $19 million in acquisition costs.
PSD acquisition would be 30 per cent earnings accretive.
good to have shorters in sgh...the shorters will have too buy back one day and that puts a floor in the price
increase in earnings per share and divendends in 2016...
short squeeze coming...
SGH Price at posting:
$3.12 Sentiment: Buy Disclosure: Held