Ann: Operation updates, page-199

im still adding to my holdings .. why ?

SBB is extraordinary for a MC of only $40m at 8.5c ... it gives me

A Coy with $30m cash in bank ..
No debt ..
Strong sales Growth ..in a 1.3b population that's in Urbanization mode for the rest of the century .
Hedging exposure to a falling AUD, as we earn in USD/CNY and convert profits and Divs into AUD
Opening 60 new stores as we speak ..
Promising 25% of a its growing EPS as Divs each year ..

anything ive left out ??

so 8c to 9c is a gift ..