It boggles me that such a crap misinformed post can attract 11 likes. Now firstly I know you did not go to any of the shareholder meetings nor do any significant research but lets answer your problems.
There will be a dividend just not right at the moment
They will acquire another company if the right opportunity presents itself. This I agree is a maybe as it is dependent on a good opportunity being found.
They ARE moving to a more up market clothing segment as they wish to achieve higher sales per item of clothing. The investment in store renovations is all part of this strategy.
They WILL buy more stores having already bought 66 since listing and planning more.
So really completely unnecessary to add all those maybe's in there.
Lastly, I know you are one of the vultures who sees more cash than market cap and hence just wants it all distributed so you can make a quick profit. This is not in the long term interests of the company and hence it is stupid to expect massive cash distributions to shareholders.
IF capital expenditure leads to shareholders being confused about the legitimacy of the company then it may mean that they cannot invest in probably 95% of ASX listed companies. Then again 95% of ASX listed companies are not owned by slant eyes so I guess its a moot point.
SBB Price at posting:
5.1¢ Sentiment: Buy Disclosure: Held
