SBB 0.00% 1.2¢ sunbridge group limited

I agree with all the above responses to my post - as long as you...

  1. 563 Posts.
    lightbulb Created with Sketch. 1
    I agree with all the above responses to my post - as long as you can rely on the quality and honesty of the accounts.

    Companies listed around the world, audited by the top accounting firms, turn out to be fraudulent all the time. Globo in the UK, which had a market cap of over $0.5b Aussie, only last month turned out to be a sham (foreign ownership as per). It had been listed for over 5 years. It constantly reassured it had $100m in cash held at top banks. Everything was audited by BDO and Grant Thornton. It was ranked consistently in as a top player in its space by Gartner.

    Now it doesn't exist. Shareholders got zero.

    If the CEO buys here that is the biggest possible endorsement. If he brings some cash into Aussie banks that would help further. If he then paid a dividend with that cash then you have your 5 bagger.

    Shareholders have every right to be suspicious until they see action. Talk is talk. Accounts can mislead and be falsified. Action is action, lets see the CEO in action.
 
watchlist Created with Sketch. Add SBB (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.