Australia's largest stock trading and investment forum Australia's #1 stock forum

SBB

Click for more information

0.00%

1.2¢ sunbridge group limited

Snapshot - FA, page-150

First 150 Last

Share
Profile

Follow
Teringie

1,817 Posts.

343

24/08/14

22:23

Post #: 13864421
Share

Originally posted by accaeric ↑

Couldn't agree more about the seed investors getting out. As they were not seed from the beginning/establishment of the business.
Most investors are not doing enough research before buying a stock, they are panic when share price is fluctuating.
Buying/selling from Institutions/seed investors, doesn't necessarily mean their decisions are right. Lots of activities are just having short term effect. Like, DTE sold LNG @20s, HQC sold LNG @55c, FOOL recommended to sell QBE @$10s. PDN, broker recommended to sell down to 25c... Most of time, you have to trust what you believe based on solid understanding of the stock/company. Also, cash is the KING. If the company doesn't have enough cash, but huge debt, should be alerted. When the company is a cash cow, just buy and hold as Value21 quoted Peter Lynch words.

I firmly believe SBB will do much better than PDN (already up 50%), less than LNG (+2000%).
Certainly +200% is possible within 18 months.

Expand

Agreed, the other great thing about sbb is we are not speculating about what might be in the ground or some miracle cure for cancer, real cash, real profits, real history of growth and soon real SP growth.

SBB Price at posting: 11.5¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

AI stocks: What to expect in 2024-25

ASX Market Open: Aussie futures fall on overall weak night in the US

Talking Australia's very competitive property landscape: Realty Talks

CC9

Wyoming could be America's next hard rock battery metal province – and Chariot Corporation can help

ABY

Adore Beauty FY24 revenues up 7.4% YoY to $196M

First 150 Last

Add SBB (ASX) to my watchlist