SBB sunbridge group limited

Ann: Company update with Managing Director, page-2

  1. 35,565 Posts.
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    Seems like a very good update by the MD and this time someone obviously proof read the spelling and grammar thankfully.
    Couple of notes -
    1)no proof given of the large treasury they are currently running.
    2)Mentions "any acquisition must make immediate contributions to earnings and have the same growth potential as our existing operations,
    Think it should have read - should be share earnings accretive as I have seen many cases of companies growing earnings which looks great for the managers cv , until one sees the share holders are making less due to dilution of shares needed for equity in acquisitions .

    The Australian meeting is a great idea.
 
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