Capital Raising, page-153

Yes, I had to laugh ---"limit your holdings to the amount you can afford to lose" and "if the directors screw up, they have a history of it.." Obviously not aware of the massive changes that have occurred over the last 6 or more months or the irony of it all coming from someone whose sentiment on SGH is "buy".

I am very positive on this stock in the long run but I doubt there will be any profit for the full year given previous impairments. If you are talking about an improvement in underlying earnings then, yes, may be. But I do think with the recent asset sales and (hopefully) more still to come (eg US O&G) CDD will show a decent profit in the 2017 fy and achieve a substantial re-rate in the next 12 months or so.

The more conservatively managed companies in this sector (LYL and MND) have put on huge gains this calendar year which suggests that things might also turn around for CDD.

IMHO & DYOR.