Alibaba?
Trading at a P/E of 50+.
Shareholders in Alibaba have less rights shareholders than in SBB.
I don't think SBB will ever trade close to such a ludicrous P/E. But currently the P/E is about 2x and with the faith that a dividend would stimulate could quite realistically get it to, a still very low, P/E of say 8-10. So at 25-35c that's a 4-5 bagger from here.
Plus if they continued to show reliability, with their revenue growth, and China's growing need to become more internationally trustworthy they could easily trade at a P/E of 14-16. So at 40-50c, thats a good 7-8 times current share price. The 6-10c rang you offer is only possible in the long run if they do not prove their reliability as a business. I do not wish to hype this stock at all this is just common sense by my mind (the risk is a foreign ownership/operations risk, it will be minimized with dividends etc and time). If they announce a dividend I hope next to no-one is watching for at least a day or two.
Loyalty and honor are an important part of Chinese culture, I hope we experience this with SBB.
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