SBB 0.00% 1.2¢ sunbridge group limited

TA opinions, page-109

  1. 310 Posts.
    SBB is an interesting company. I did read in the South China Post though a couple of weeks back that a few Chinese companies have been listed on the HK exchange, and that the owners had 'absconded' after floating.

    http://www.scmp.com/business/china-...erts-police-cash-transfers-missing-chief-ding


    Sometimes they run away with the money.  And as the article says, you cant sue anyone in China.

    So I think you have to be a bit careful. The new CFO - I think this job is above her. It was a bit of a light appointment.

    As they say on HC - DYOR. China comes with great risks but of course, you can be well rewarded. On fundamentals, it looks cheap.
 
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