SBB 0.00% 1.2¢ sunbridge group limited

FA Snapshot, page-6

  1. 34,339 Posts.
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    My first SBB was bought @7.9c, also topped up up to 13c.
    I can see SBB will be following LNG's path, SBB will fetch 30c before next April.
    The business has been growing at approx 20% over last 5 years without spending huge capitals, and paid huge dividends, we can see our revenue double within 4 years as we retaining cash and expanding distribution network. I expect SBB's NPAT for 2018 be in excess of $30m. SBB would fetch $1 per share within 4 years. The business is cash cow, they retain cash to expand cash, good for shareholder.
    MD collected enough cash during last 5 years, so he is willing to retain his money(could be collected as dividend) to focus on long term vision, he owns 59% of the company, more than anyone else.

    also! we have a great chairman! Wayne, I first time called the company, left message, he called me back within a hour. Sent a query via email, he rang me back on 20:05 at his local time. Yesterday, he rang me back from China, and sent me an email when the report was released.
    We have a business savy, Mr. Xu, to manage the bipusinees!
    We have a admirable person as our Chairman.
    Great team up.

    I can feel SBB will be another LNG in term of future share performance. Just hold tightly, waiting for rare opportunity to grow our wealth.

    PS, I compared with past 4 years annual reports and peer's reports, all the financial ratios are very healthy. Trade debtors collected more cash, debtor days is good. Inventory steady, turnover day is very good.
 
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Currently unlisted public company.

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